Tokyo Stock Exchange Index Chat | Historical Data | Guidebook
The Japan Stock Exchange was founded in the year 1878 following the enactment and endorsement of the stock exchange Act in Japan.
Also known as the Tokyo stock exchange, the Tōshō or TSE/TYO an abbreviation for Tokyo stock exchange is the third largest stock exchange market in the world today, when its listed companies and their aggregate market capitalization are put into consideration, they are as well the largest stock market in Asia, ahead of South Korea and China.
The history of the Japanese securities market dates back to the early years of the Meiji era, but the issues of the market was poorly developed in the pre war years. The Tokyo stock exchange index remained.
Challenges face By The Japan Stock Exchange Pre War
The history of the Japanese securities market dates back to the early years of the Meiji era, but the issues of the market was poorly developed in the pre war years, these are the remain;
- The prices at which securities are sold by the Japan Stock Exchange to the public through offer sale or direct issue.
- The time and amount and time of sale of new securities.
- The price, amount and time of sale of subsequent or supplementary offer of securities for quoted companies.
However, realizing the need for an apex regulatory body for the capital market, the financial review committee recommended the establishment of the securities and exchange commission that would increase the efficiency of the Japan Stock Exchange market.
This recommendation gave rise and accurate to the establishment of the commission in April 1978 but was effective on September 1979, as an autonomous and legal body, to undertake the following functions;
- The Japan Stock Exchange ensures that adequate and accurate accounting information is disclosed about a company and its securities offered for sale, to enable investors make a sound investment decision.
- Provide a conducive atmosphere for the growth and development of the capital market.
- Protecting the integrity of the securities market against any abuse araising from the practice of inside trading.
- Acting as a regulatory apex institution for the Japanese stock exchange and its branches to which it will feel free to delegate powers.
- Keeping watch over the securities market to ensure orderliness, fairness and equity in dealings in securities..
- The Tokyo Stock Exchange has the responsibility of registering the securities proposed to be offered for sale to or for subscription by the public or to be offered privately with the intention that the securities shall be held ultimately other than by those to whom they were offered.
- Registering Stock Exchange branches, registrars, investment advisers, securitises dealers and their agents, and controlling and supervising their activities with a view to maintain proper standards of conduct and professionalism in the securities business.
- Determine the amount of the time at which securities of a company are to be sold to the public through offer for sale or subscription.
- Ensuring adequate protection of the investing public.
Functions Of The Japan Stock Exchange
- It is a central market for the sale and purchases of financial securities.
- It provides a medium for the regulation of Stock Exchange transactions.
- It supports companies by providing a solid foundation for capital formation
- It aids foreign investors in their transactions in financial securities.
Tokyo Stock Exchange Listed Companies
The companies listed at the Tokyo stock exchange are invariably some of the biggest companies in Asia today, the reason why the Exchange is regarded as the third largest in the world and the largest in Asia.
It’s no longer the question of how many companies are listed on the Tokyo stock exchange, but the strength of the companies listed. The listed companies are grouped into categories and Subcategories, however, below are the four renowned listed companies;
- Mitsubishi UFJ Financial Group Inc.
- Nippon Telegraph & Telephone Company
- Murata Manufacturing Co. Ltd.
- Sony Corporation
In 2015, the Tokyo Stock Exchange had some challenges because of the stock indexes which is responsible to track companies on the Tokyo Stock Exchange (TSE). However, positive result was aimed to be achieved same year.
With a market capitalization of $4.9 trillion, the Japan stock exchange listed companies into three different but main categories, these categories includes the following;
- First Section – They were in charge of listing large companies
- Second Section – They are in the position of listing mid-sized companies
- The Mothers – this section lists only the high growth companies as well as those emerging stocks.
Tokyo Stock Exchange Working Hours
The Japanese Tokyo Stock Exchange (TSE) officially resume its daily activities (Trading Hours) between 09:00 am to 11:30am and then between 12:30 pm and 15:00 pm respectively.
Tokyo Stock Exchange address & Location
The Japan stock exchange which comes with an official trade name Tokyo Stock Exchange, Inc, has its Head Office at number 2-1 Nihombashi Kabutocho, Chuo-ku Tokyo 103-8220 Japan, the office telephone number is +81-3-3666-0141
TSE has a representative who is easily recognised as the President & CEO known as Mr Koichiro Miyahara.