The SVT Index stood at 13,415.0 points on 7 October, down 0.40% from the previous day. On the same day, Citizen Watch announced that unauthorised access to a server operated by an outsourced provider may have resulted in the leakage of information on approximately 100,000 customers.
The SVT Index comprises fashion and beauty-related stocks in Japan. On 7 October, it stood at 13,415.0 points, down 54.0 points from the previous day, with a market capitalisation of approximately ¥4.4821 trillion. The possibility of an information leak at Citizen Watch drew market attention, and the share price reacted to the company's announcement concerning the data leak.
The top index contributors were J. FRONT RETAILING and Isetan Mitsukoshi Holdings, contributing 4.75 points and 4.73 points, respectively. Shiseido also contributed 4.34 points. Department stores and beauty companies supported the index, while Fast Retailing exerted a substantial negative contribution of −60.57 points.
Among individual stocks, Nihon Seika posted the largest gain, at +3.62%, while Milbon and others also performed strongly. On the downside, HUMAN MADE fell 4.25%, Sanyo Shokai 2.97% and Tokyo Soir 2.69%, while Citizen Watch was down 2.29%.
The top 5 negative contributors to the SVT Index included Fast Retailing, with a substantial negative contribution of −60.57 points, followed by Seiko Group, Citizen Watch, HUMAN MADE and ABC-MART. Overall, movements in large-cap stocks determined the direction of the index.