Corporate value improved following TSE reforms, and the market capitalization of the TOPIX500 expanded to approximately ¥694 trillion. It is said to have doubled from 3 years ago, with 6 factors identified as supporting the growth.
The market size represented by TOPIX500 constituents has now reached approximately ¥694 trillion, with market capitalization reportedly having nearly doubled compared with 3 years ago. This article provides an overview of the factors involved and the course of the growth.
An analysis indicates that corporate value is said to have improved following TSE reforms, examining the possibility that the substance of the reforms affected how companies were valued. These are explained to include market restructuring and changes to the rankings.
6 factors said to have supported the growth are identified, and the article later explains how each factor drove up company valuations. Attention is also focused on future developments.