The Tōshō or TSE/TYO an abbreviation for Tokyo Stock Exchange is the third largest stock exchange market in the world today. When its listed companies and their aggregate market capitalization are put into consideration, they are as well the largest stock market in Asia, ahead of South Korea and China.Realizing the need for an apex regulatory body for the capital market, the financial review committee in Japan recommended the establishment of the securities and exchange commission that would increase the efficiency of the Japan Stock Exchange market. This recommendation gave rise and accurate to the establishment of the commission in April 1978 but was effective on September 1979, as an autonomous and legal body, to undertake the following functions;
- The Japan Stock Exchange ensures that adequate and accurate accounting information is disclosed about a company and its securities offered for sale, to enable investors make a sound investment decision.
- Provide a conducive atmosphere for the growth and development of the capital market.
- Protecting the integrity of the securities market against any abuse araising from the practice of inside trading.
- Acting as a regulatory apex institution for the Japanese stock exchange and its branches to which it will feel free to delegate powers.
- Keeping watch over the securities market to ensure orderliness, fairness and equity in dealings in securities..
- The Tokyo Stock Exchange has the responsibility of registering the securities proposed to be offered for sale to or for subscription by the public or to be offered privately with the intention that the securities shall be held ultimately other than by those to whom they were offered.
- Registering Stock Exchange branches, registrars, investment advisers, securitises dealers and their agents, and controlling and supervising their activities with a view to maintain proper standards of conduct and professionalism in the securities business.
- Determine the amount of the time at which securities of a company are to be sold to the public through offer for sale or subscription.
- Ensuring adequate protection of the investing public.
Tokyo Stock Exchange Listed Companies
The companies listed at the Tokyo Stock Exchange are invariably some of the biggest companies in Asia today, the reason why the Exchange is regarded as the third largest in the world and the largest in Asia.
It’s no longer the question of how many companies are listed on the Tokyo stock exchange, but the strength of the companies listed. The listed companies are grouped into categories and Subcategories, however, below are the four renowned listed companies;
- Mitsubishi UFJ Financial Group Inc.
- Nippon Telegraph & Telephone Company
- Murata Manufacturing Co. Ltd.
- Sony Corporation
With a market capitalization of $4.9 trillion, the Japan stock exchange listed companies into three different but main categories, these categories includes the following;
- First Section – They were in charge of listing large companies
- Second Section – They are in the position of listing mid-sized companies
- The Mothers – this section lists only the high growth companies as well as those emerging stocks.
Tokyo Stock Exchange Working Hours
The Japanese Tokyo Stock Exchange (TSE) officially resume its daily activities (Trading Hours) between 09:00 am to 11:30am and then between 12:30 pm and 15:00 pm respectively.
Tokyo Stock Exchange Address & Location
The Japan stock exchange which comes with an official trade name Tokyo Stock Exchange, Inc, has its Head Office at number 2-1 Nihombashi Kabutocho, Chuo-ku Tokyo 103-8220 Japan, the office telephone number is +81-3-3666-0141.