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{{for|the news website|Topix (website)}}
'''''To''kyo stock ''P''rice ''I''nde''X''''', commonly known as '''TOPIX''', along with [[Nikkei 225]], is an important [[stock market index]] for the [[Tokyo Stock Exchange]] in [[Japan]], tracking all domestic companies of the exchange's First Section. As of 10 November 2008, there were 1713 companies listed on the first section of the TSE. The market value for the index on the same date, was 294,733 Billion Yen, with a trading volume of 212 million shares.<ref>[[Wikinvest:Tokyo Stock Price Index|TOPIX facts via Wikinvest]]</ref>

The index transitioned from a system where a company's weighting is based on the total number of shares outstanding (commonly called the float) to a weighting based on the number of shares available for trading (called the free float). This transition took place in three phases starting in October 2005 and being completed in June 2006. Although the change is a technicality, it had a significant effect on the weighting of many companies in the index because many companies in Japan have significant holds of shares of their business partners as a part of intricate business alliances, and such shares will no longer be included in calculating the weight of companies in the index.

== TOPIX New Index Series ==
{| class="wikitable"
|-
! rowspan="4" | TOPIX 1000
| rowspan="4" | Component stocks in the TOPIX 500 and highly market capitalized stocks of the TOPIX small
! rowspan="3" | TOPIX 500
| rowspan="3" | Component stocks in the TOPIX Core 30, the TOPIX Large 70 and the TOPIX Mid 400
! rowspan="2" | TOPIX 100
| rowspan="2" | Component stocks in the TOPIX Core 30 and the TOPIX Large 70
! TOPIX Core 30
| The 30 most liquid and highly market capitalized stocks
|-
! TOPIX Large 70
| After the Core 30, the 70 most liquid and highly market capitalized stocks
|-
! TOPIX Mid 400
| colspan="3" | Excluding TOPIX 100 stocks, these are the remaining stocks in the TOPIX 500
|-
! TOPIX Small
| colspan="5" | Outside the component stocks in the TOPIX 500 and non-eligible<sup>1</sup> stocks in the TOPIX
|-
|}
<small>
#New companies which have not been listed on the TSE for 6 months or more, out of the companies listed on the 1st section of the TSE
</small>

=== TOPIX 100 companies ===
{{TOPIX}}

==References==
{{reflist}}

== External links ==
* [http://www.tse.or.jp/english/market/EREALIDX/def01.html TSE: Stock price index - real time]
* [http://www.tse.or.jp/english/market/topix/data/index.html TSE: Index Value Data]
* [[Wikinvest: Tokyo Stock Price Index|TOPIX profile at Wikinvest]]

[[Category:Japanese stock market indices]]

[[de:TOPIX]]
[[es:TOPIX]]
[[fr:Topix]]
[[ko:토픽스]]
[[it:Topix]]
[[ja:東証株価指数]]
[[pl:Topix]]
[[ru:TOPIX]]
[[zh:东证股价指数]]

Revision as of 19:43, 16 May 2010