Memory chipmaker Kioxia, retail operator Pan Pacific to be added to Nikkei index

TOKYO, March 5 (Reuters) - Japanese memory chipmaker Kioxia and Pan Pacific ‌International Holdings, which has ‌major discount retailer Don Quijote under its wing, ​will be added to Japan's Nikkei from April, the publisher of the stock average said on Thursday.

As ‌part of ⁠a regular reshuffle of the benchmark gauge, battery manufacturer ⁠GS Yuasa and calculator maker Casio Computer will be removed, publisher ​Nikkei said.

Kioxia ​and Pan ​Pacific International are ‌expected to give a boost to the key benchmark index that had climbed to record highs in February 2026, but momentum was dented ‌as the Middle ​East conflict intensified.

Kioxia, the ​Bain-backed chipmaker, ​has seen its shares rise ‌more than 12-fold since ​its market ​debut in December 2024. Pan Pacific International shares have risen ​9.8% so ‌far this year.

(Reporting by Junko ​Fujita and Satoshi Sugiyama; Editing ​by Muralikumar Anantharaman)