← Back to headlines
Over 600 Companies Face Cull in Topix Index Overhaul
Analysts predict that over 600 companies, primarily small caps, are likely to be removed from the Topix index in its largest overhaul to date. This significant change will force many Japanese small-cap companies into a survival race.
6 Aug, 22:30 — 7 Aug, 03:11
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (32/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left1
Left (1)
japan-times
Center1
Center (1)
bloomberg
Right
Far R
Geographic diversity— 2 regions9/34
Japan1US1
ℹOnly 2 sources cover this story
Sources
Showing 2 of 2 sources
bloombergHigh5h ago
Japan Small Caps Face Survival Race as Topix Cull Looms
Japan’s Topix stock index is poised for its biggest overhaul, with more than 600 companies — over a third of its constituents — likely to be gradually removed under new eligibility rules, according to analysts’ estimates.
By Hideyuki Sano
Read full article →japan-timesMostly Factual1h ago
Over 600 companies likely to be culled in Topix index’s biggest overhaul, analysts say
Companies whose free-float market capitalization ranks in the bottom 3% of Tokyo Stock Exchange-listed firms will be phased out over two years beginning in October.
Read full article →Coverage Timeline
First report: bloomberg · 6 Aug, 22:30|Full coverage: 2 · 5h|Window: 5h
Left-leaningCenterRight-leaning
