THE BEECHMONT CREST ONLINE GUIDE TO STOCKS AND INVESTING
TOKYO STOCK EXCHANGE
There are a total of eight stock exchanges in Japan; but the ones in Tokyo, Osaka, and Nagoya are the largest.
The TSE is as monolithic in Japan as the NYSE is in the United States. Around 85% of trading in Japan (in volume and percent of value) occurs on the TSE.
The Tokyo Stock Exchange Co. Ltd. was established in 1878. This was during Japan’s so-called Meiji Era, when industrial and financial institutions in the country were modernizing. In 1943, the exchange was reorganized as the Japan Securities Exchange. It finally became the Tokyo Stock Exchange in 1949.
Both Japanese and foreign company stocks are traded on the Tokyo Stock Exchange.