JPX-Nikkei Index 400

JPX-Nikkei Index 400

Table of Contents

Brief About Indices(History)

JPX-Nikkei 400 is composed of common stocks whose main market is the TSE 1st Section, 2nd Section, Mothers, or JASDAQ market. The number of JPX-Nikkei 400 constituents shall be 400, as a general rule. This base number of constituents shall be used in the periodic review occurring in August.

Top Listed Companies

  • Sony Corp. 
  • Mitsubishi UFJ Financial Group, Inc. 
  • Toyota Motor Corp. 
  • Recruit Holdings Co., Ltd. 
  • Takeda Pharmaceutical Co. Ltd. 
  • Keyence Corp. 
  • Nippon Telegraph And Telephone Corp. 
  • Nintendo Co. Ltd. 
  • Sumitomo Mitsui Financial Group, Inc.
  •  Honda Motor Co. Ltd.

Formula

  • Index =(CMV/BMV) × Base Point
  • CMV = Current market value
  • BMV = Base market value
  • Market Value = ∑(Number of Shares for Each Constituent × Stock Price for Each Constituent)

Timing

The Tokyo Stock Exchange is open Monday through Friday from 9:00am to 11:30am and 12:30pm to 3:00pm Japan Standard Time (GMT+09:00)