Tokyo Stock Exchange  

Saturday, April 11, 2009


Structure

The TSE is incorporated as a with nine directors, four auditors and eight executive officers. Its headquarters are located at 2-1 Kabutocho, Its operating hours are from 9:00 to 11:00 am, and from 12:30 to 3:00 pm. From April 24, 2006, the afternoon trading session started at its usual time of 12:30 p.m.

Stocks listed on the TSE are separated into the First Section (for large companies), the Second Section (for mid-sized companies), and the section (for high-growth startup companies). As of March 2006, there are 1,721 First Section companies, 489 Second Section companies and 156 Mothers companies.

The main indixes tracking the TSE are the index of companies selected by the (Japan's largest business newspaper), the index based on the share prices of First Section companies, and the index of large industrial companies maintained by Japan's major broadsheet newspapers.

89 domestic and 19 foreign securities companies participate in TSE trading. See:

Other TSE-related institutions include:

  • The exchange's press club, called the Kabuto Club (兜倶楽部 Kabuto kurabu), which meets on the third floor of the TSE building. Most Kabuto Club members are affiliated with the , or business television broadcasters such as and . The Kabuto Club is generally busiest during April and May, when public companies release their annual accounts.
On 15 June 2007, the TSE paid $303 million to acquire a 4.99% stake in Singapore Exchange Ltd.

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