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 1000||Component stocks in the TOPIX 500 and highly market capitalized stocks of the TOPIX small||TOPIX 500||Component stocks in the TOPIX Core 30, the TOPIX Large 70 and the TOPIX Mid 400||TOPIX 100||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||Excluding TOPIX 100 stocks, these are the remaining stocks in the TOPIX 500|
|TOPIX Small||Outside the component stocks in the TOPIX 500 and non-eligible1 stocks in the TOPIX|
ATTORNEY GENERAL URGES TOPIX.COM TO ABANDON 'PAY-TO-POLICE' POLICY THAT EXPLOITS CONSUMERS VICTIMIZED BY ABUSIVE INTERNET POSTS
May 15, 2010; HARTFORD, Conn., May 14 -- The Connecticut Attorney General issued the following news release: Attorney General Richard...
ATTORNEY GENERAL URGES TOPIX.COM TO ABANDON "PAY-TO-POLICE" POLICY THAT EXPLOITS CONSUMERS VICTIMIZED BY ABUSIVE INTERNET POSTS.
May 14, 2010; HARTFORD, Conn. -- The following information was released by the office of the Connecticut Attorney General: Attorney General...