Nikkei 225

Panasonic Holdings Corporation is a Japanese multinational electronics manufacturer, headquartered in Kadoma, Japan. It was founded in 1918 as Matsushita Electric Housewares Manufacturing Works in the Fukushima ward of Osaka by Kōnosuke Matsushita. The company was incorporated in 1935 and renamed Matsushita Electric Industrial Co., Ltd., and changed its name to Panasonic Corporation in 2008. In 2022, it reorganized as a holding company and adopted its current name.

In addition to consumer electronics, for which it was the world's largest manufacturer in the late 20th century, Panasonic produces a wide range of products and services, including rechargeable batteries, automotive and avionic systems, industrial equipment, as well as home renovation and construction. The company is listed on the Tokyo Stock Exchange and is a constituent of the Nikkei 225 and TOPIX 100 indices, with a secondary listing on the Nagoya Stock Exchange.

The East Japan Railway Company is a major passenger railway company in Japan and the largest of the seven Japan Railways Group companies. The company name is officially abbreviated as JR East in English, and as JR Higashi-Nihon in Japanese. The company's headquarters are in Yoyogi, Shibuya, Tokyo, next to Shinjuku Station. It is listed in the Tokyo Stock Exchange (it formerly had secondary listings in the Nagoya and Osaka stock exchanges), is a constituent of the TOPIX Large70 index, and is one of three Japan Railways Group constituents of the Nikkei 225 index, the others being JR Central and JR West

Hitachi, Ltd. (Japanese pronunciation: [çi̥taꜜtɕi]) is a Japanese multinational conglomerate founded in 1910 and headquartered in Chiyoda, Tokyo. The company is active in various industries, including digital systems, power and renewable energy, railway systems, healthcare products, and financial systems. The company was founded as an electrical machinery manufacturing subsidiary of the Kuhara Mining Plant in Hitachi, Ibaraki by engineer Namihei Odaira in 1910. It began operating as an independent company under its current name in 1920.

Hitachi is listed on the Tokyo Stock Exchange and is a key component of the Nikkei 225 and TOPIX Core30 indices. As of June 2024, it has a market capitalisation of 16.9 trillion yen, making it the fourth largest Japanese company by market value. In terms of global recognition, Hitachi was ranked 38th in the 2012 Fortune Global 500 and 129th in the 2012 Forbes Global 2000. Hitachi is a highly globalised conglomerate. In the fiscal year 2023, it generated approximately 61% of its total revenue of 9.7 trillion yen from international markets. The major contributors to this global revenue were Asia, Europe, and North America, with each region accounting for 22%, 16%, and 16% of the total revenue, respectively.

The Tokyo Stock Price Index (東証株価指数, Tōshō Kabuka shisū), commonly known as the TOPIX, is an important stock market index for the Tokyo Stock Exchange (TSE) in Japan, along with the Nikkei 225. The TOPIX tracks the entire market of domestic companies and covers most stocks in the Prime market and some stocks in the Standard market. It is calculated and published by the TSE. As of January 2025, there are planned to be 1,716 companies listed on the TSE, since about 400 stocks with low liquidity were phased out after the TSE reform in 2022.

The index transitioned from a system where a company's weighting is based on the total number of shares outstanding to a weighting based on the number of shares available for trading (called the free float). This transition started in October 2005 and was 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 hold a significant number of shares of their business partners as a part of intricate business alliances, and such shares are no longer included in calculating the weight of companies in the index.

Canon Inc. (Japanese: キヤノン株式会社; Hepburn: Kyanon kabushiki gaisha) is a Japanese multinational corporation headquartered in Ōta, Tokyo, specializing in optical, imaging, and industrial products, such as lenses, cameras, medical equipment, scanners, printers, and semiconductor manufacturing equipment.

Canon has a primary listing on the Tokyo Stock Exchange and is a constituent of the TOPIX Core 30 and Nikkei 225 indexes. It used to have a secondary listing on the New York Stock Exchange.

The Keisei Electric Railway Company, Ltd. (stylized as K'SEI since 2001) is a major private railway in Chiba Prefecture and Tokyo, Japan. The name Keisei is the combination of the kanji 京 from Tokyo (東京) and 成 from Narita (成田), which the railway's main line connects; the combination uses different readings than the ones used in the city names. The railway's main line runs from Tokyo to Narita and the eastern suburb cities of Funabashi, Narashino, Yachiyo, and Sakura. Keisei runs an airport limited express train called the Skyliner from Ueno and Nippori to Narita International Airport.

In addition to its railway business, the Keisei Electric Railway Company owns large bus and taxi services and some real estate holdings. It owns a controlling share of the Oriental Land Company which owns and manages the Tokyo Disney Resort. Keisei is listed on the Tokyo Stock Exchange and is a constituent of the Nikkei 225 index.

Yamaha Corporation (ヤマハ株式会社, Yamaha Kabushiki gaisha; /ˈjɑːməhɑː/; Japanese pronunciation: [jamaha]) is a Japanese multinational musical instrument and audio equipment manufacturer.

It is one of the constituents of Nikkei 225 and is the world's largest musical instrument manufacturing company.

The West Japan Railway Company, also referred to as JR West (JR西日本, Jeiāru Nishi-Nihon; lit. 'JR West Japan'), is one of the Japan Railways Group (JR Group) companies and operates in western Honshu. It has its headquarters in Kita-ku, Osaka. It is listed in the Tokyo Stock Exchange, is a constituent of the TOPIX Large70 index, and is also one of only three Japan Railways Group constituents of the Nikkei 225 index: the others are JR East and JR Central. It was also listed in the Nagoya and Fukuoka stock exchanges until late 2020.

Japan Tobacco Inc. (日本たばこ産業株式会社, Nihon Tabako Sangyō kabushiki gaisha) (JT) is a Japanese diversified tobacco company and parent company to Japan Tobacco International, one of the three largest international Big Tobacco product manufacturers in the world. It was established in 1985 as a tokushu gaisha (特殊会社; lit. "special company") that inherited the right to monopolize and manufacture cigarettes from the Japan Tobacco and Salt Public Corporation and required the government to hold at least 50% of its shares. In addition to tobacco, JT diversified its businesses, establishing the pharmaceutical research institute in 1993 and making a full-scale entry into the food and beverage industry in 1998. In 2008, it acquired the food manufacturer Katokichi, now TableMark, as a wholly owned subsidiary, integrating its food business.

It is part of the Nikkei 225 and TOPIX Large70 indices. In 2009, the company was listed at number 312 on the Fortune 500 list. The company is headquartered in Toranomon, Minato, Tokyo, and Japan Tobacco International's headquarters are in Geneva, Switzerland, and Raleigh, North Carolina. As of 2012 the chairman is Hiroshi Kimura and the CEO is Mitsuomi Koizumi.

The Japanese asset price bubble (バブル景気, baburu keiki; lit. 'bubble economy') was an economic bubble in Japan from 1986 to 1991 in which real estate and stock market prices were greatly inflated. In early 1992, this price bubble burst and the country's economy stagnated. The bubble was characterized by rapid acceleration of asset prices and overheated economic activity, as well as an uncontrolled money supply and credit expansion. More specifically, over-confidence and speculation regarding asset and stock prices were closely associated with excessive monetary easing policy at the time. Through the creation of economic policies that cultivated the marketability of assets, eased the access to credit, and encouraged speculation, the Japanese government started a prolonged and exacerbated Japanese asset price bubble.

By August 1990, the Nikkei stock index had plummeted to half its peak by the time of the fifth monetary tightening by the Bank of Japan (BOJ). By late 1991, other asset prices began to fall. Even though asset prices had visibly collapsed by early 1992, the economy's decline continued for more than a decade. This decline resulted in a huge accumulation of non-performing assets loans (NPL), causing difficulties for many financial institutions. The bursting of the Japanese asset price bubble contributed to what many call the Lost Decade. Japan's average nationwide land prices finally began to increase year-over-year in 2018, with a 0.1% rise over 2017 price levels.

The Nikkei, also known as The Nihon Keizai Shimbun (日本経済新聞; lit. "Japan Economics Newspaper"), is the flagship publication of Nikkei, Inc. (based in Tokyo) and the world's largest financial newspaper, with a daily circulation exceeding 1.73 million copies. The Nikkei 225, a stock market index for the Tokyo Stock Exchange, has been calculated by the newspaper since 1950.

It is one of the four national newspapers in Japan; the other three are The Asahi Shimbun, the Yomiuri Shimbun and the Mainichi Shimbun.

Osaka Exchange, Inc. (株式会社大阪取引所, Kabushiki-gaisha Ōsaka Torihikijo), renamed from Osaka Securities Exchange Co., Ltd. (株式会社大阪証券取引所, Kabushiki-gaisha Ōsaka Shōken Torihikijo; OSE), is the largest derivatives exchange in Japan, in terms of amount of business handled.

As of 31 December 2007, the Osaka Securities Exchange had 477 listed companies with a combined market capitalization of $212 billion. The Nikkei 225 Futures, introduced at the Osaka Securities Exchange in 1988, is now an internationally recognized futures index. In contrast to the Tokyo Stock Exchange, which mainly deals in spot trading, the Osaka Securities Exchange's strength is in derivative products. The OSE is the leading Derivatives Exchange in Japan and it was the largest futures market in the world in 1990 and 1991. According to statistics from 2003, the Osaka Securities Exchange handled 59% of the stock price index futures market in Japan, and almost 100% of trading in the options market. Osaka Securities Exchange Co., which was listed on its Hercules market for startups in April 2004 is the only Japanese securities exchange which went public on its own market.

Tokuyama Corporation (株式会社トクヤマ, Kabushiki-gaisha Tokuyama) is a Japanese, Tokyo-based chemical company and the world's fourth largest silicon manufacturer.

The company was founded as Nihon Soda Kogyo Co., Ltd., a producer of soda ash in 1918 by Katsujiro Iwai. It changed name in 1936 to Tokuyama Soda Co., Ltd. and in 1994 to its present name. It is listed on the Tokyo Stock Exchange and is a component of the Nikkei 225 stock index.

Shiseido Company, Limited (Japanese: 株式会社資生堂, Hepburn: Kabushiki gaisha Shiseidō; pronounced [ɕiseꜜːdoː]) is a Japanese multinational cosmetic company founded in Tokyo, Japan in 1872. Its product categories consist of: skin care, makeup, body care, hair care, and fragrances. The company is one of the oldest cosmetic companies in the world and celebrated its 150th anniversary in 2022. It is the largest cosmetic firm in Japan and the fifth largest cosmetic company in the world. In Japan, Shiseido is available at cosmetic counters at selected department stores and most pharmacies. The company owns numerous brands and subsidiaries worldwide, in addition to its founding label. The company is headquartered in Tokyo, and is traded on the Tokyo Stock Exchange, where it is a constituent of the Nikkei 225 and TOPIX Large70 indices.

The Tobu Railway Company, Ltd. (東武鉄道株式会社, Tōbu Tetsudō kabushiki gaisha) is a Japanese commuter railway and keiretsu holding company in the Greater Tokyo Area as well as an intercity and regional operator in the Kantō region. Excluding the Japan Railways Group companies, Tobu's 463.3 km (287.9 mi) rail system is the second longest in Japan after Kintetsu. It serves large portions of Saitama Prefecture, Gunma Prefecture and Tochigi Prefecture, as well as northern Tokyo and western Chiba Prefecture. The Tobu Railway Company is listed in the First Section of the Tokyo Stock Exchange and is a constituent of the Nikkei 225 index.

The Tobu corporate group is also engaged in road transportation (bus/taxi), real estate, and retail. It is the owner of the Tokyo Skytree, the third tallest tower in the world. The company is a member of the Fuyo Group keiretsu.

Panasonic Holdings Corporation is a Japanese multinational electronics manufacturer, headquartered in Kadoma, Osaka, Japan. It was founded in 1918 as Matsushita Electric Housewares Manufacturing Works in the Fukushima ward of Osaka by Kōnosuke Matsushita. The company was incorporated in 1935 and renamed Matsushita Electric Industrial Co., Ltd., and changed its name to Panasonic Corporation in 2008. In 2022, it reorganized as a holding company and adopted its current name.

In addition to consumer electronics, for which it was the world's largest manufacturer in the late 20th century, Panasonic produces a wide range of products and services, including rechargeable batteries, automotive and avionic systems, industrial equipment, as well as home renovation and construction. The company is listed on the Tokyo Stock Exchange and is a constituent of the Nikkei 225 and TOPIX 100 indices, with a secondary listing on the Nagoya Stock Exchange.