Japan Exchange Group (JPX) announced that it would substantially reorganize TOPIX constituents, changing them from the current 1,634 companies to 986. The reorganization will be implemented in stages through July 2028, with a reassessment in October 2027, after which constituents are expected to be changed annually. A list will also be prepared showing examples of additions such as McDonald's.
Japan Exchange Group announced that TOPIX constituents would be substantially changed from the current 1,634 companies to 986. The reorganization is being carried out as part of the Tokyo Stock Exchange's market reorganization and will be implemented in stages from the end of October through July 2028.
A reassessment will be conducted in October 2027, and the actual number of constituents may change. From 2028 onward, constituents are expected to be changed regularly each year. The article cites the addition of several stocks, including McDonald's, as examples, and is said to include a list later in the article of companies that do not currently meet TOPIX requirements.
The information currently available is limited to the scope of the paid article, and the full details of the specific constituent changes and list can be confirmed in the latter part of the article. The article focuses on an overview and schedule for the TOPIX reorganization and examples of additional constituents.