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Over 600 companies likely to be culled in Topix index’s biggest overhaul, analysts say

The Japan Times · Published 1h ago
Over 600 companies likely to be culled in Topix index’s biggest overhaul, analysts say

Companies whose free-float market capitalization ranks in the bottom 3% of Tokyo Stock Exchange-listed firms will be phased out over two years beginning in October.

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Corroboration★☆☆☆☆Carried by one newsroom so far
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Developments like this can have effects beyond the immediate story.

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