Nikkei Commodity Index
FactSheet
Nikkei Commodity Index is calculated using wholesale price of major materials which are sensitive for economictrend. As both "for 17 materials" and "for 42 materials" cover the materials of which actual goods are traded freely
by many firms and of which prices fluctuate depending on demand and supply or competition, and as material
coverage is reviewed in response to change in market size or trading condition, it maintains the reliability as index
of leading economic indicators. At present, it is calculated using material coverage reviewed in October 2006.
Index "for 17 materials" which is daily calculated has been released since November 1974, and index "for 42materials" which is calculated monthly (and weekly as flash report) has been released since July 1975. As Nikkei
Commodity Index tends to move in tandem with the economic recession or recovery, it has been utilized as anindicator for economic trends. In particular, "for 42 materials" is used as a factor in Indexes of BusinessConditions (Leading Index) announced by Cabinet Office.
■Graph (Dec/28/2022)
30017 materials

42 materials

250
200
150

1005002018/1

2019/1

2020/12021/12022/1<<Disclaimer>>
The Nikkei Commodity Index, which is calculated by a method independently developed by Nikkei Inc. (hereinafter "Nikkei"), is a copyrightablework. Nikkei owns the copyright and any other intellectual property rights in the Nikkei Commodity Index itself, and the method for calculating theNikkei Commodity Index and the like. All ownership of trademarks and any other intellectual property rights with respect to marks representing"Nikkei Inc.," "Nikkei," and "Nikkei Commodity Index" belongs to Nikkei. Nikkei is not obliged to continuously publish the Nikkei Commodity
Index, nor is it liable for any error or delay in, or discontinuation of the publication thereof. Nikkei owns the right to change the content of theNikkei Commodity Index, such as the calculation method thereof, and the right to suspend the publication thereof. Nikkei does not give any
warranty, nor is it responsible for any and all financial instruments and the like, which are based on, or otherwise refer to, the Nikkei CommodityIndex.
<<Regarding this material>>
This material is a copyrightable work of Nikkei. It is prohibited to copy, reproduce, reprint, or circulate all or part of this material in any form
without Nikkei's permission. This material was prepared for in-depth understanding of the Nikkei Commodity Index, but is not for the purpose ofsoliciting any sale or purchase of financial instruments and the like, which are based on, or otherwise refer to, the Nikkei Commodity Index. Thismaterial was prepared based on various types of information and data, which were deemed reliable as of the time of the preparation of this material.
However, Nikkei is not liable for its accuracy, appropriateness, completeness, and the like. In addition, Nikkei assumes no liability for any costs ordamages accrued from using information contained in this material. It is not guaranteed that this material will always be kept updated, and thismaterial may change without any prior notice. Methods or the like different from this material may apply to the operation of indices subject to thismaterial. In any event, the latest information disclosed by Nikkei prevails.

FS-NCO-E-20221228<<Contact>>
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