Nikkei 225 · TOPIX
N225 · TOPX · JPY
Industrial innovation and a renewed focus on shareholder returns.
Japan offers global franchises in vehicles, automation, electronics and entertainment. The price-weighted Nikkei 225 and broad, capitalization-weighted TOPIX provide different views of the market. Corporate governance reform, capital allocation and the yen shape investor outcomes.
Sector breakdown
What drives the index
Industrials
25%Illustrative broad-market mix: automation, machinery and transport.
Consumer
25%Automobiles, retail and consumer brands.
Technology
20%Electronics, semiconductor equipment and software.
Financials
15%Banks and insurers sensitive to interest rates.
Healthcare
Pharmaceuticals, diagnostics and medical equipment.
Materials, Telecom & Utilities
Chemicals, connectivity and power suppliers.
Top companies
The franchises that matter
Toyota
Global vehicle manufacturer with a large hybrid franchise.
Sony Group
Gaming, music, films and image sensors.
Tokyo Electron
Equipment used in semiconductor manufacturing.
Hitachi
Digital systems, energy and infrastructure.
Mitsubishi UFJ
Large banking group with international operations.
Keyence
Factory sensors with very high margins.
Latest News
The Nikkei 225 is price-weighted rather than market-cap weighted.
TOPIX provides broader coverage than the Nikkei 225.
Japan is home to leading robotics and semiconductor-equipment businesses.
- Industrial expertise
- Governance reform
- Global export franchises
- Yen volatility
- Ageing population
- Global manufacturing cycles
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