main contents start

About The Index License


The intellectual property rights and any other rights in the indexes published by Nomura Fiduciary Research & Consulting Co., Ltd. (NFRC) belong to NFRC. All the indexes users are requested to note the following index licenses before using the indexes, regardless of the route through which indexes/data is acquired (NFRC website, services via information vendors, etc).

The Index data license
The Index data license agreement is required for use of historical data, regular use of data, use in materials disclosed, distribution and provision of data to third parties, or display of data on a web site, regardless of the data contents such as index values, constituents, and so on.

The index brand license
When you are considering commercial use of the indices, such as using index names in commercial documents, or referring to or using the indices for fund management or for composite or customized index calculations, the index brand license is required in addition to a data license agreement. For details, please contact "License Contact Information" below.

License Contact Information
Please click the index you are interested in from the list on the left-hand side of this page, then click "Feedback" on the upper right of the page. The contact information for the license appears. The contact information includes Nomura Research Institute, Ltd., to which NFRC outsources contract work.

*Concerning the customized index, please kindly contact below.
Nomura Fiduciary Research & Consulting Co., Ltd.


Reports issued prior to September 30, 2019 do not reflect the current consumption tax rate.
Please see Disclaimer as reports issued prior to January 31, 2023 do not reflect the Disclaimer of Nomura Fiduciary Research & Consulting Co., Ltd. (NFRC).
Any information on our Web Pages may be changed without prior notification. NFRC does not guarantee the accuracy of the information on our Web Pages, and is not liable for any loss or damage, arising from the use of the information.

Nomura Fiduciary Research & Consulting Co., Ltd.
Registered Financial Instruments Firm Registration Number : Director of Kanto Local Finance Bureau No.451
Association in which a Member: Japan Investment Advisers Association