Sep 6, 2021
Nintendo, Keyence, Murata to Join Nikkei 225 in Radical Overhaul
Bloomberg News
,![CHIBA, JAPAN - SEPTEMBER 21: The logo of Nintendo Co.'s Switch video game console is displayed in the Capcom Co. booth during the Tokyo Game Show 2017 at Makuhari Messe on September 21, 2017 in Chiba, Japan. The annual game show, which features games from 345 exhibitors for various platforms from game consoles to mobile phones, takes place September 21-24 and will feature eSports. (Photo by Tomohiro Ohsumi/Getty Images) Photographer: Tomohiro Ohsumi/Getty Images AsiaPac, Photographer: Tomohiro Ohsumi/Getty Images AsiaPac CHIBA, JAPAN - SEPTEMBER 21: The logo of Nintendo Co.'s Switch video game console is displayed in the Capcom Co. booth during the Tokyo Game Show 2017 at Makuhari Messe on September 21, 2017 in Chiba, Japan. The annual game show, which features games from 345 exhibitors for various platforms from game consoles to mobile phones, takes place September 21-24 and will feature eSports. (Photo by Tomohiro Ohsumi/Getty Images) Photographer: Tomohiro Ohsumi/Getty Images AsiaPac](/polopoly_fs/1.1648503.1630915449!/fileimage/httpImage/image.jpg_gen/derivatives/landscape_620/chiba-japan-september-21-the-logo-of-nintendo-co-s-switch-video-game-console-is-displayed-in-the-capcom-co-booth-during-the-tokyo-game-show-2017-at-makuhari-messe-on-september-21-2017-in-chiba-japan-the-annual-game-show-which-features-games-from-345-exhibitors-for-various-platforms-from-game-consoles-to-mobile-phones-takes-place-september-21-24-and-will-feature-esports-photo-by-tomohiro-ohsumi-getty-images-photographer-tomohiro-ohsumi-getty-images-asiapac.jpg)
(Bloomberg) -- Nintendo Co., Keyence Corp. and Murata Manufacturing Co. will join Japan’s Nikkei 225 Stock Average in a major change to the makeup of the blue-chip gauge.
The three companies’ stocks will be added on October 1, Nikkei Inc. said in a statement. The long-awaited inclusion of Nintendo comes after Nikkei implemented changes to the way the measure is calculated, allowing for the adjustment of high-priced stocks.
Nisshinbo Holdings Inc., Toyo Seikan Group Holdings and Sky Perfect JSAT Holdings Inc. will be removed.
Earlier this year, Nikkei announced the changes to its methodology, a move seen to be aimed at modernizing the gauge and allowing companies such as Nintendo to join. The steps include a provision that caps a new stock’s weight at the time of addition so that it won’t account for more than 1%.
Nikkei 225 Tweak Could Open the Door for Nintendo or Keyence
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