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The Tokyo Stock Exchange (TSE) is operated by the Japan Exchange Group (JPX). Therefore, most significant press releases and news concerning the TSE are issued by JPX.
Here’s a summary of recent press releases and key initiatives from the Tokyo Stock Exchange (JPX), based on the latest available information:
Recent Highlights and Key News (May 2025):
* **Collaboration to Align TOPIX with FTSE Blossom Japan Index Series (May 20, 2025): JPX Market Innovation & Research Inc. (JPXI) and FTSE Russell announced an agreement to align the Tokyo Stock Price Index (TOPIX) with the FTSE Blossom Japan Index and FTSE Blossom Japan Sector Relative Index. This collaboration aims to integrate ESG risks and performance into equity strategies and will lead to the renaming of the indices to FTSE JPX Blossom Japan Index and FTSE JPX Blossom Japan Sector Relative Index. Non-TOPIX constituents will become ineligible for the new FTSE JPX Blossom Japan Index Series.
* Market News & Delistings (Ongoing): JPX regularly issues market news, including announcements on daily price limits, designations of securities under supervision, and decisions on delistings. Recent examples in May 2025 include delisting decisions for EcoNaviSta, Inc., HAMAI CO.,LTD., and Toyo Sugar Refining Co.,Ltd., among others.
* Changes on Securities Options (May 7 & 15, 2025): The Osaka Exchange (part of JPX) has announced adjustments and changes to securities options, including position limits and strike price adjustments due to investment unit splits for underlying securities.
* Tokyo Stocks Drop After Hitting Key Milestone (May 14, 2025): Recent market reports indicate Tokyo shares dropped after the Nikkei index surpassed the 38,000 threshold, as market participants took profits. Earlier in May, Tokyo stocks had surged, buoyed by hopes regarding China-U.S. tariff discussions.
Key Initiatives and Reforms:
The Tokyo Stock Exchange has been actively pursuing significant reforms to enhance market attractiveness and corporate governance, particularly since March 2023. These initiatives are focused on encouraging listed companies to be more conscious of their cost of capital and stock price, ultimately aiming for sustainable growth and improved corporate value.
* “Action to Implement Management that is Conscious of Cost of Capital and Stock Price”: This is a primary ongoing initiative.
* Publication of Disclosure List: Since January 2024, the TSE has been publishing a list of companies that have disclosed information in accordance with this request. This list was revised in January 2025 to better support proactive companies, including specifying which companies wish to have more contact from institutional investors for engagement.
* Focus on Capital Efficiency: The TSE is encouraging companies to analyze their balance sheets to ensure they contribute effectively to value creation, emphasizing resource allocation with consideration for cost of capital and profitability (e.g., R&D and human capital investment).
* Discouraging “Under Consideration” Status: A time limit is being set for companies to remain in an “Under Consideration” status regarding these initiatives, requiring them to explain their progress.
* Enhanced Corporate Governance: The TSE continues to promote good corporate governance, including encouraging board independence and diversity, and increasing accountability to shareholders.
* Expanded English Disclosure: To attract more international investors, the TSE is making efforts to expand English disclosure practices. For Prime Market companies, simultaneous disclosure in English and Japanese for key financial and timely disclosure information is becoming mandatory from March 2025.
* Market Restructuring: The TSE restructured its market segments into “Prime,” “Standard,” and “Growth” markets on April 4, 2022, to clarify the characteristics of listed companies and provide clear investment concepts for investors. Further revisions to listing criteria, particularly for the Growth Market, are being considered to revitalize it.
For the most comprehensive and up-to-date official press releases and detailed information on these initiatives, please visit the official Japan Exchange Group (JPX) website:
* JPX News Releases: https://www.jpx.co.jp/english/corporate/news/news-releases/index.html
* JPX Market News: https://www.jpx.co.jp/english/news/index.html
* TSE’s Recent Initiatives: https://www.jpx.co.jp/english/equities/follow-up/02.html

Video courtesy of CSOB

Video courtesy of CSOB