The Tokyo Stock Exchange is very strong at present because of the huge inflow of foreign capital in anticipation of government intervention in the market. This may change toward the end of the year as government fiscal stimulus measures (e.g. public works projects) run out of steam. The recent strengthening of the yen may affect earnings, and send prices down.
There are 2,354 companies listed on the local stock exchange, as of end July. Most of these are not actively traded, which is why many have been delisting lately. There are 49 foreign companies listed on the stock exchange.
Total market capitalization is 369,340,892,000,000 yen as of end July.
Following are the 10 biggest companies in the stock market:
1. Toyota Motor Corp.
2. NTT Mobile Communications Network (NTT/Docomo)
3. NTT Data Corp.
4. Tokyo-Mitsubishi Bank
5. Matsushita Electric Industrial Co.
6. Takeda Chemical Industries Ltd.
7. Seven-Eleven Japan Co.
8. Tokyo Electric Power Co.
9. Sumitomo Bank
10. Honda Motor Co.
ABN AMRO Securities (Japan) Ltd.
12F, Shiroyama JT Mori Bldg.
3-1 Toranomon 4-chome
Minato-ku, Tokyo 105-6012
Tel: 5405-6700
Fax: 5405-6710
Citicorp International Securities Ltd.
16F, Citicorp Center
3-14, Higashi-Shinagawa 2-chome
Shinagawa-ku, Tokyo 140-0002
Tel: 5462-6200
Fax: 5462-6232
Services offered: Mutual funds
Dresdner Kleinwort Benson (Asia) Ltd.
Toranomon 4-chome Mori Bldg.
1-8, Toranomon 4-chome
Minato-ku, Tokyo 105-0001
Tel: 5403-9500
Fax: 5403-9090
Services offered: Mostly wholesale stock brokerage, also some retail
Merrill Lynch Japan Securities Inc.
Ohte Center Bldg.
1-3, Otemachi 1-chome
Chiyoda-ku, Tokyo 100-0004
Tel: 5288-5500
Services offered: Retail stock and bond brokerage, mutual funds, etc.
Nikko Securities Co., Ltd.
Shin Tokyo Bldg.
3-1, Marunouchi 3-chome
Chiyoda-ku, Tokyo 100-0005
Tel: 3283-2211
Fax: 3283-2859
Services offered: Retail stock brokerage, mutual funds
Nomura Securities Co., Ltd.
9-1 Nihonbashi 1-chome
Chuo-ku Tokyo 103-8011
Tel: 3211-1811
Fax: 3278-0420
Services offered:
Retail stock brokerage: stocks, bonds, mutual funds, etc.
Wholesale brokerage: investment banking, stock and bond brokerage
