Nikkei 225

Nikkei 225

base data
Country	Japan
Stock exchange	Tokyo Stock Exchange
ISIN	XC0009692440
WKN	969244
symbol	N225
RIC	^ N225
Bloomberg code	NKY <INDEX>
category	Stock index
Type	Price index
family	Nikkei

The Nikkei 225 ( Japanese 日 経 225 ), short for Nikkei Heikin Kabuka ( 日 経 平均 株 価 , German “Nikkei share price average”), is the Japanese leading index and the most important share index in Asia. It is one of several indices of the Nihon Keizai Shimbun (Nikkei) newspaper to measure the development of the Tokyo Stock Exchange and is based on the prices of 225 public companies traded there .

calculation

The Nikkei 225 is a price-weighted price index , ie it is calculated like the Dow Jones index without taking dividends , subscription rights and special payments into account . The weighting is based on the nominal value of 50 yen, which is common in Japan . In March 2011 the divisor for the overall index was 24.917. Shares with different par values ​​and split shares are converted accordingly. Once a year, a decision is made as to which companies will be eliminated from the Nikkei index or added to the index. Adjustments due to the end of the listing (mergers etc.) are carried out on an ongoing basis.

The index level is determined by adding up the market values. The weight of an index member results from the proportion of its share price in the sum of all share prices in the index. The calculation method leads to an overemphasis on stocks with a high numerical value. Correction factors are intended to smooth out the greatest distortions. Nonetheless, information technology and telecommunications companies that represent modern Japan have only a low weighting. On the other hand, the heavyweights include - due to a visually high price - numerous industrial companies (especially from the mining and transport sectors ).

The Nikkei 225 is updated every 15 seconds on the Tokyo Stock Exchange during trading hours: Monday through Friday 9:00 a.m. to 11:30 a.m. and 12:30 p.m. to 3:00 p.m. local time. This corresponds to 1:00 a.m. to 3:30 a.m. and 4:30 a.m. to 7:00 a.m. CET or one hour later in CEST (Japan does not have daylight saving time).

history

20th century

Nikkei 225 index since 1970 (linear scale)

The Nikkei 225 was first published on September 7, 1950 by the Tokyo Stock Exchange and was calculated back to 1949 (daily prices) and 1914 (monthly prices). Since July 1, 1971, the business newspaper Nihon Keizai Shimbun (Nikkei) has been responsible for the daily calculation of the stock market barometer.

Milestones in the development were February 20, 1960, when the index closed above the 1,000-point mark for the first time at 1,002.46 points, and December 22, 1972, when it traded above the 5,000 for the first time at 5,025.54 points -Points mark finished. By January 31, 1973, the Nikkei continued to climb to 5,359.74 points. During the oil crisis of 1973 and the worldwide recession of 1974, the Japanese benchmark index fell to a low of 3,355.13 points by October 9, 1974. That was a decrease from January 1973 of 37.4 percent. On March 28, 1978, the index ended trading at 5,360.34 points, again above its January 31, 1973 record.

On January 9, 1984 the Nikkei closed with 10,053.81 points for the first time above the limit of 10,000 points and on January 30, 1987 with 20,048.35 points for the first time above the mark of 20,000 points. On October 20, 1987, the stock index suffered the largest daily loss in its history, at 14.90 percent. The reason was Black Monday on October 19, 1987 on the New York Stock Exchange , when the value of the Dow Jones Industrial Average plummeted 22.6 percent. In the following years the Nikkei set further record highs. The 30,000 point limit fell for the first time on December 7, 1988, when the index closed at 30,050.82 points.

On December 29, 1989, the Nikkei marked all-time highs with 38,957.44 points in trading and 38,915.87 points based on the closing price. After the end of the bubble economy and the bursting of the speculative bubble on the Japanese stock and real estate market in 1990, the index fell to 14,485.41 points by July 3, 1995. In the years that followed, the stock index fluctuated considerably. It rose to 22,666.80 points by June 26, 1996 and then fell to 12,879.97 points by October 9, 1998 during the Asian crisis . The loss over this period is 43.2 percent. By April 12, 2000, the Nikkei rose to a high of 20,833.21 points.

21st century

Nikkei 225 Index 1914–2012 (logarithmic scale)

After the speculative bubble burst in the technology sector ( dot-com bubble ), the Japanese benchmark index fell to a low of 7,607.88 points by April 28, 2003. That was a decrease of 80.5 percent since December 1989. April 28, 2003 marked the end of the downward trend. From spring 2003 the index was on the way up again. By July 9, 2007, the Nikkei had increased to 18,261.98 points. That was an increase of 140.0 percent since April 2003.

In the course of the international financial crisis , which had its origin in the US real estate crisis in the summer of 2007, the Nikkei began to decline again. On October 8, 2008, it closed with 9,203.32 points below the limit of 10,000 points. Volatility increased due to the fear surrounding the US real estate crisis . On October 14, 2008, the Nikkei achieved the largest daily gain in its history with 14.15 percent. The index fell to its lowest level since October 6, 1982 on March 10, 2009 when it ended trading at 7,054.98 points. Since the all-time high of December 29, 1989, this corresponds to a decline of 81.9 percent.

March 10, 2009 marks the turning point of the downward trend. From spring 2009, the Nikkei 225 was on its way up again. By April 5, 2010 it rose by 60.7 percent to a closing level of 11,339.30 points. Five months later, on August 31, 2010, the index closed at 8,824.06 points, 33.9 percent lower. On February 21, 2011, the stock market barometer ended trading at 10,857.53 points. The profit since August 2010 is 23.0 percent.

On March 14, 2011, the first trading day after the Tōhoku earthquake in 2011 , the Japanese benchmark index closed 6.18 percent lower. On March 15, 2011, the Nikkei 225 experienced the third largest price fall in its history with a minus of 10.55 percent. The reason was the fear of a disaster at the Fukushima I nuclear power plant . As a result of the natural disaster, several reactors in the power plant exploded; the Japanese government did not rule out a meltdown . Investors were concerned about the country's economic development. They feared a relapse into a recession and an increase in national debt .

The weakening of the global economy and the worsening of the euro crisis led to a collapse in the Japanese benchmark index. On November 25, 2011, the Nikkei 225 finished trading at 8,160.01 points. The loss since the high on February 21, 2011 is 24.8 percent. The announcement of new bond purchase programs by the European Central Bank , the US Federal Reserve and the Bank of Japan led to a recovery in prices on the stock market. The monetary stimulus played a bigger role in the price formation than the global economic slowdown and the state of the companies. On January 11, 2013, the index closed at 10,801.57 points, 32.4 percent higher than on November 25, 2011.

Highs

The overview shows the Nikkei 225's all-time highs.

	Points	date
in the course of trading	38,957.44	Friday December 29th 1989
on a closing price basis	38,915.87	Friday December 29th 1989

Milestones

The table shows the milestones of the Nikkei 225, which was calculated back to 1949.

First close over	Final score in points	date		First close over	Final score in points	date
500	500.70	June 6, 1956		20,000	20,048.35	January 30, 1987
1,000	1,002.46	February 20, 1960		21,000	21,031.66	March 4th 1987
2,000	2,002.46	May 31, 1969		22,000	22,026.66	March 27, 1987
3,000	3.013.46	February 26, 1972		23,000	23,216.59	April 10, 1987
4,000	4.007.66	August 16, 1972		24,000	24,097.79	April 22, 1987
5,000	5,025.54	December 22, 1972		25,000	25,049.39	3rd June 1987
6,000	6,002.74	December 1, 1978		26,000	26,048.35	August 29, 1987
7,000	7,000.04	September 12, 1980		27,000	27,111.35	April 14, 1988
8,000	8,019.14	17th August 1981		28,000	28,072.02	June 9, 1988
9,000	9,012.41	July 8, 1983		29,000	29,076.81	17th November 1988
10,000	10,053.81	January 9, 1984		30,000	30,050.82	December 7, 1988
11,000	11,050.19	April 2, 1984		31,000	31,006.51	January 10, 1989
12,000	12,009.01	February 8, 1985		32,000	32,065.12	February 8, 1989
13,000	13,029.65	July 8, 1985		33,000	33,042.07	April 3, 1989
14,000	14,056.52	March 10, 1986		34,000	34,135.24	May 8, 1989
15,000	15,013.19	March 22, 1986		35,000	35,084.15	August 16, 1989
16,000	16,078.23	May 8, 1986		36,000	36,059.87	November 21, 1989
17,000	17,008.34	June 9, 1986		37,000	37,021.46	November 29, 1989
18,000	18,026.24	July 24, 1986		38,000	38,062.42	December 13, 1989
19,000	19,149.63	January 16, 1987

The best days

The table shows the best days of the Nikkei 225, calculated back to 1949.

rank	date	Final score in points	Change in points	Change in%
1	Oct 14, 2008	9,447.57	1,171.14	14.15
2	0Oct 2, 1990	22,898.41	2,676.55	13.24
3	Dec 15, 1949	109.62	11.12	11.29
4th	Oct 30, 2008	9,029.76	817.86	9.96
5	Oct 21, 1987	23,947.40	2,037.32	9.30
6th	Nov 17, 1997	16,283.32	1,200.80	7.96
7th	Jan. 31, 1994	20,229.12	1,471.24	7.84
8th	Oct 29, 2008	8,211.90	589.98	7.74
9	Apr 10, 1992	17,850.66	1,252.51	7.55
10	21 Mar 2001	13,103.94	912.97	7.49
11	Apr 16, 1953	355.03	21.38	6.41
12	Oct 28, 2008	7,621.92	459.02	6.41
13	06th Mar 1953	361.88	21.47	6.31
14th	0July 7, 1995	16,213.08	956.19	6.27
15th	0Nov 4, 2008	9,114.60	537.62	6.27
16	Aug 21, 1992	16,216.88	949.12	6.22
17th	0Oct 7, 1998	13,825.61	803.97	6.17
18th	Aug 27, 1992	17,555.00	1,013.35	6.13
19th	Jan 16, 1998	16,046.45	924.47	6.11
20th	04th Mar 2002	11,450.22	638.22	5.90
21st	Nov 10, 2008	9,081.43	498.43	5.81
22nd	16. Mar. 2011	9,093.72	488.57	5.68
23	0Jan. 6, 1988	22,790.50	1,215.22	5.63
24	July 15, 1950	103.82	5.42	5.51
25th	Aug 15, 1990	28,112.12	1,439.59	5.40
26th	Feb 13, 1950	112.94	5.78	5.39
27	June 27, 1972	3,548.95	179.35	5.32
28	0Sep 7 1998	14,790.06	747.15	5.32
29	17th July 1950	109.34	5.52	5.31
30th	Oct 12, 1998	13,555.01	675.04	5.24

The worst days

The table shows the worst days of the Nikkei 225 counted back to 1949.

rank	date	Final score in points	Change in points	Change in%
1	Oct 20, 1987	21,910.08	−3,836.48	−14.90
2	Oct 16, 2008	8,458.45	−1,089.02	−11.41
3	15th Mar 2011	8,605.15	−1,015.34	−10.55
4th	05th Mar 1953	340.41	−37.81	−10.00
5	Oct 10, 2008	8,276.43	−881.06	−9.62
6th	Oct 24, 2008	7,649.08	−811.90	−9.60
7th	0Oct 8, 2008	9,203.32	−952.58	−9.38
8th	Apr 30, 1970	2,114.32	−201.11	−8.69
9	Aug 16, 1971	2,530.48	−210.50	−7.68
10	May 23, 2013	14,483.98	−1,143.28	−7.32
11	Apr 17, 2000	19,008.64	−1,426.04	−6.98
12	Dec 14, 1949	98.50	−7.38	−6.97
13	Nov 20, 2008	7,703.04	−570.18	−6.89
14th	Oct 22, 2008	8,674.69	−631.56	−6.79
15th	30th Mar 1953	318.96	−23.03	−6.73
16	Sep 12 2001	9,610.10	−682.85	−6.63
17th	June 24, 1972	3,421.02	−242.14	−6.61
18th	0Apr 2, 1990	28,002.07	−1,978.38	−6.60
19th	0Nov 6, 2008	8,899.14	−622.10	−6.53
20th	Oct 27, 2008	7,162.90	−486.18	−6.36
21st	0Dec 2, 2008	7,863.69	−533.53	−6.35
22nd	14 Mar 2011	9,620.49	-633.94	−6.18
23	Aug 19, 1991	21,456.76	−1,357.61	−5.95
24	Aug 19, 1971	2,190.16	−138.12	−5.93
25th	23 Aug 1990	23,737.63	−1,473.28	−5.84
26th	0Oct 8, 1998	13,026.06	−799.55	−5.78
27	Jan. 22, 2008	12,573.05	-752.89	−5.65
28	Jan. 23, 1995	17,785.49	−1,054.73	−5.60
29	Dec 12, 2008	8,235.87	−484.68	−5.56
30th	Aug 17, 2007	15,273.68	−874.81	−5.42

Annual development

The table shows the annual development of the Nikkei 225 calculated back to 1914.

year	Final score in points	Change in points	Change in%
1914	21.12
1915	32.10	10.98	51.99
1916	41.61	9.51	29.63
1917	41.40	−0.21	−0.50
1918	42.21	0.81	1.96
1919	53.63	11.42	27.06
1920	27.44	−26.19	−48.83
1921	28.88	1.44	5.25
1922	23.97	−4.91	−17.00
1923	22.83	−1.14	−4.76
1924	24.45	1.62	7.10
1925	27.96	3.51	14.36
1926	27.25	−0.71	−2.54
1927	25.82	−1.43	−5.25
1928	25.65	−0.17	−0.66
1929	21.32	−4.33	−16.88
1930	16.82	−4.50	−21.11
1931	16.28	−0.54	−3.21
1932	30.33	14.05	86.30
1933	34.12	3.79	12.50
1934	32.30	−1.82	−5.33
1935	33.76	1.46	4.52
1936	35.94	2.18	6.46
1937	37.33	1.39	3.87
1938	33.66	−3.67	−9.83
1939	44.96	11.30	33.57
1940	37.42	−7.54	−16.77
1941	42.44	5.02	13.42
1942	42.71	0.27	0.64
1943	42.11	−0.60	−1.40
1944	41.82	−0.29	−0.69
1945	40.53	−1.29	−3.08
1946	28.72	−11.81	−29.14
1947	39.31	10.59	36.87
1948	72.84	33.53	85.30
1949	109.91	37.07	50.89
1950	101.91	−8.00	−7.28
1951	166.06	64.15	62.95
1952	362.64	196.58	118.38
1953	377.95	15.31	4.22
1954	356.09	−21.86	−5.78
1955	425.69	69.60	19.55
1956	549.14	123.45	29.00
1957	474.55	−74.59	−13.58
1958	666.54	191.99	40.46
1959	874.88	208.34	31.26
1960	1,356.71	481.83	55.07
1961	1,432.60	75.89	5.59
1962	1,420.43	−12.17	−0.85
1963	1,225.10	−195.33	−13.75
1964	1,216.55	−8.55	−0.70
1965	1,417.83	201.28	16.55
1966	1,452.10	34.27	2.42
1967	1,283.47	−168.63	−11.61
1968	1,714.89	431.42	33.61
1969	2,358.96	644.07	37.56
1970	1,987.14	−371.82	−15.76
1971	2,713.74	726.60	36.57
1972	5,207.94	2,494.20	91.91
1973	4,306.80	−901.14	−17.30
1974	3,817.22	−489.58	−11.37
1975	4,358.60	541.38	14.18
1976	4,990.85	632.25	14.51
1977	4,865.60	−125.25	−2.51
1978	6,001.85	1,136.25	23.35
1979	6,569.47	567.62	9.46
1980	7,116.38	546.91	8.33
1981	7,681.84	565.46	7.95
1982	8,016.67	334.83	4.36
1983	9,893.82	1,877.15	23.42
1984	11,542.60	1,648.78	16.66
1985	13,113.32	1,570.72	13.61
1986	18,701.30	5,587.98	42.61
1987	21,564.00	2,862.70	15.31
1988	30,159.00	8,595.00	39.86
1989	38,915.87	8,756.87	29.04
1990	23,848.71	−15,067.16	−38.72
1991	22,983.77	−864.94	−3.63
1992	16,924.95	−6,058.82	−26.36
1993	17,417.24	492.29	2.91
1994	19,723.06	2,305.82	13.24
1995	19,868.15	145.09	0.74
1996	19,361.35	−506.80	−2.55
1997	15,258.74	−4,102.61	−21.19
1998	13,842.17	−1,416.57	−9.28
1999	18,934.34	5,092.17	36.79
2000	13,785.69	−5,148.65	−27.19
2001	10,542.62	−3,243.07	−23.52
2002	8,578.95	−1,963.67	−18.63
2003	10,676.64	2,097.69	24.45
2004	11,488.76	812.12	7.61
2005	16,111.43	4,622.67	40.24
2006	17,225.83	1,114.40	6.92
2007	15,307.78	−1,918.05	−11.13
2008	8,859.56	−6,448.22	−42.12
2009	10,546.44	1,686.88	19.04
2010	10,228.92	−317.52	−3.01
2011	8,455.35	−1,773.57	−17.24
2012	10,395.18	1,939.83	22.94
2013	16,291.31	5,896.13	56.72
2014	17,450.77	1,159.46	7.12
2015	19,033.71	1,582.94	9.07
2016	19,114.40	80.69	0.42
2017	22,764.94	3,650.54	19.10
2018	20,015.00	−2,749.94	−12.08
2019	23,657.00	3,642.00	18.20

Bull markets

The Nikkei 225's longest bull market lasted a total of 2,646 days between 1982 and 1989. The bull market with the greatest profit also occurred between 1982 and 1989. Investors gained 468.1 percent in stocks during that time. According to a study by the American analysis company Ned Davis Research, there have been 15 cyclical bull markets with an average duration of 901 days since 1950. The average profit was 75.7 percent.

According to a definition by Ned Davis Research, bull markets are price gains for the Nikkei 225 of at least 30 percent after 50 days or a rise in the index of 13 percent after 155 days.

Beginning	Final score in points	The End	Final score in points	Change in%	Days
0July 6, 1950	85.25	29 Sep 1953	450.87	428.9	1,181
22 Mar 1954	314.08	0May 3, 1957	595.46	89.6	1,138
Dec. 27, 1957	471.53	July 18, 1961	1,829.74	288.0	1,299
Oct 29, 1962	1,216.04	0Apr 5, 1963	1,634.37	34.4	158
July 12, 1965	1,020.49	0Apr 1, 1966	1,588.73	55.7	263
Dec 11, 1967	1,250.14	Jan. 24, 1973	5,359.74	328.7	1,871
0Oct 9, 1974	3,355.13	Aug 17, 1981	8,019.14	139.0	2,504
0Oct. 1, 1982	6,849.78	Dec 29, 1989	38,915.87	468.1	2,646
0Oct. 1, 1990	20,221.86	18 Mar 1991	27,146.91	34.2	168
Aug 18, 1992	14,309.41	June 13, 1994	21,552.81	50.6	664
03rd July 1995	14.485.41	June 26, 1996	22,666.80	56.5	359
0Oct 9, 1998	12,879.97	Apr 12, 2000	20,833.21	61.7	551
Apr 28, 2003	7,607.88	0July 9, 2007	18,261.98	140.0	1,534
10 Mar 2009	7,054.98	0Apr 5, 2010	13,339.10	60.7	391
Aug 31, 2010	8,824.06	Feb 21, 2011	10,857.53	23.0	174
Nov 25, 2011	8,160.01

Bear markets

The Nikkei 225's longest bear market lasted a total of 1,111 days between 2000 and 2003. The bear market with the greatest loss also occurred between 2000 and 2003, when investors lost 63.5 percent with stocks. According to a study by the US analysis house Ned Davis Research, there have been 15 cyclical bear markets with an average duration of 468 days since 1949. The average loss was 37.4 percent.

According to a definition by Ned Davis Research, bear markets are price losses of the Nikkei 225 of at least 30 percent after 50 days or a decline in the index of 13 percent after 145 days.

Beginning	Final score in points	The End	Final score in points	Change in%	Days
0Sep 1 1949	176.89	0July 6, 1950	85.25	−51.8	308
29 Sep 1953	450.87	22 Mar 1954	314.08	−30.3	174
0May 3, 1957	595.46	Dec. 27, 1957	471.53	−20.8	238
July 18, 1961	1,829.74	Oct 29, 1962	1,216.04	−33.5	468
0Apr 5, 1963	1,634.37	July 12, 1965	1,020.49	−37.6	829
0Apr 1, 1966	1,588.73	Dec 11, 1967	1,250.14	−21.3	619
Jan. 24, 1973	5,359.74	0Oct 9, 1974	3,355.13	−37.4	623
Aug 17, 1981	8,019.14	0Oct. 1, 1982	6,849.78	−14.6	410
Dec 29, 1989	38,915.87	0Oct. 1, 1990	20,221.86	−48.0	276
18 Mar 1991	27,146.91	Aug 18, 1992	14,309.41	−47.3	519
June 13, 1994	21,552.81	03rd July 1995	14,485.41	−32.8	385
June 26, 1996	22,666.80	0Oct 9, 1998	12,879.97	−43.2	835
Apr 12, 2000	20,833.21	Apr 28, 2003	7,607.88	−63.5	1,111
0July 9, 2007	18,261.98	10 Mar 2009	7,054.98	−61.4	610
0Apr 5, 2010	13,339.10	Aug 31, 2010	8,824.06	−33.9	148
Feb 21, 2011	10,857.53	Nov 25, 2011	8,160.01	−24.8	277

composition

All companies are listed in the Nikkei 225 (as of April 1, 2019):

rank	code	Surname	Branch	logo	Index weighting in%
1	9983	Fast retailing	retail trade		8.96
2	9984	Softbank	communication		5.58
3	6954	Fanuc	Electronics, machines		3.30
4th	8035	Tokyo Electron	electronics		2.79
5	9433	KDDI	communication		2.48
6th	4543	Terumo	Precision equipment		2.31
7th	6971	Kyocera	Electronics, machines		2.27
8th	6367	Daikin Industries	machinery		2.21
9	8028	Familymart Uny Holdings	retail trade		1.93
10	9735	Secom	Services		1.64
11	4063	Shin-Etsu Chemical	chemistry		1.63
12	6098	Recruit Holdings	Personnel services		1.62
13	6762	TDK	electronics		1.52
14th	4452	Kao	Cosmetics		1.49
15th	4503	Astellas	Pharma		1.45
16	4911	Shiseido	Cosmetics		1.36
17th	4519	Chugai Pharmaceutical	Pharma		1.30
18th	4507	Shionogi	Pharma		1.17
19th	7203	Toyota Motor	automobile		1.13
20th	4523	Eisai	Pharma		1.07
21st	7267	Honda engine	automobile		1.05
22nd	9613	NTT data	communication		1.05
23	6988	Nitto Denko	Other industry		1.01
24	7951	Yamaha Corporation	Other industry		0.95
25th	4568	Daiichi Sankyō	Pharma		0.94
26th	2801	Kikkoman	food		0.93
27	4704	Trend Micro	Services (software)		0.92
28	6645	Omron	electronics		0.91
29	6857	Advantest	electronics		0.90
30th	4021	Nissan Chemical Industries	chemistry		0.87
31	4901	Fujifilm Holdings	chemistry		0.87
32	2502	Asahi Group Holdings	beer		0.84
33	7269	Suzuki engine	automobile		0.84
34	7733	Olympus	Precision equipment		0.83
35	7751	Canon	electronics		0.83
36	9766	Konami	Services (computer games)		0.83
37	4324	Dentsū	Services		0.81
38	6758	Sony	electronics		0.81
39	4502	Takeda Pharmaceutical	Pharma		0.78
40	8830	Sumitomo Realty & Development	property		0.78
41	4578	Otsuka Holdings	Pharma		0.75
42	6902	Denso	electronics		0.75
43	5108	Bridgestone	rubber		0.74
44	3382	Seven & I Holdings	retail trade		0.73
45	8015	Toyota Tsusho	Trading house		0.63
46	6506	Yaskawa Electric	electronics		0.62
47	1925	Daiwa House Industry	construction		0.61
48	6724	Seiko Epson	electronics		0.59
49	1721	Comsys Holdings	construction		0.53
50	8058	Mitsubishi Corporation	Trading house		0.53
51	6305	Hitachi Construction Machinery	machinery		0.52
52	9064	Yamato Holdings	logistics		0.49
53	8801	Mitsui Fudosan	property		0.48
54	2914	Japan Tobacco	tobacco		0.47
55	4506	Sumitomo Dainippon Pharma	Pharma		0.47
56	8766	Tokyo Marine Holdings	insurance		0.46
57	2503	Kirin Holdings	food		0.45
58	6301	Komatsu	machinery		0.45
59	9022	JR Central	Railway operator		0.45
60	2002	Nisshin Seifun Group	food		0.44
61	7270	Subaru Corporation	Automobile, aviation		0.44
62	4151	Kyōwa Hakkō Kirin	Pharma		0.41
63	5332	TOTO	Building materials (toilets)		0.40
64	6770	Alps Alpine	electronics		0.40
65	6841	Yokogawa Electric	electronics		0.40
66	8267	Aeon	retail trade		0.40
67	5901	Toyo Seikan Group Holdings	Non-ferrous metals		0.39
68	6976	Taiyō Yūden	electronics		0.39
69	7272	Yamaha engine	motorcycles		0.38
70	8252	Marui Group	retail trade		0.38
71	2282	Nh Foods	food		0.35
72	8001	Itōchū Shōji	Trading house		0.35
73	9009	Keisei Dentetsu	Railway operator		0.35
74	8802	Mitsubishi Estate	property		0.34
75	1928	Sekisui House	construction		0.32
76	2269	Meiji Holdings	food		0.31
77	2802	Ajinomoto	food		0.30
78	8031	Mitsui Bussan	Conglomerate		0.30
79	5713	Sumitomo Metal Mining	Non-ferrous metals		0.29
80	6479	Minebea Mitsumi	electronics		0.29
81	5333	NGK insulators	Ceramics and accumulators		0.28
82	6326	Kubota	machinery		0.27
83	7731	Nikon	Precision equipment		0.27
84	8053	Sumitomo Corporation	Trading house		0.27
85	9301	Mitsubishi Logistics	Logistics (warehousing)		0.27
86	1963	JGC	construction		0.26
87	5019	Idemitsu Kosan	oil and gas		0.26
88	5802	Sumitomo Electric Industries	Non-ferrous metals		0.26
89	8253	Credit season	Financial services (credit cards)		0.26
90	3405	Kuraray	chemistry		0.25
91	6503	Mitsubishi Electric	electronics		0.25
92	6952	Casio computer	electronics		0.25
93	9008	Keio	Railway operator		0.25
94	5301	Tōkai Carbon	graphite		0.24
95	6473	JTEKT	machinery		0.24
96	2531	Takara Holdings	food		0.23
97	2871	Nichirei	food		0.23
98	4272	Nippon Kayaku	chemistry		0.23
99	7912	Dai Nippon Printing	Printing industry		0.23
100	9007	Odakyū Dentetsu	Railway operator		0.23
101	6178	Japan Post Holdings	logistics		0.22
102	6103	Okuma	machinery		0.21
103	3407	Asahi Kasei	chemistry		0.20
104	7752	Ricoh	electronics		0.20
105	1802	Obayashi	construction		0.19
106	3099	Isetan Mitsukoshi Holdings	retail trade		0.19
107	4902	Konica Minolta	Precision equipment		0.19
108	6113	Amada	machinery		0.19
109	9020	JR East	Railway operator		0.19
110	1801	Taisei	construction		0.18
111	5101	The Yokohama Rubber Company	rubber		0.18
112	6471	NSK	machinery		0.18
113	8628	Matsui Securities	Investment		0.18
114	8630	Sompo Japan Nipponkoa Holdings	insurance		0.18
115	1803	Shimizu Corporation	construction		0.17
116	3105	Nisshinbo Holdings	textiles		0.17
117	4755	Rakuten	E-commerce		0.17
118	6752	Panasonic	electronics		0.17
119	8725	MS&AD Insurance Group Holdings	insurance		0.17
120	9005	Tokyu	Railway operator		0.17
121	7201	Nissan engine	automobile		0.16
122	7205	Hino Motors	automobile		0.16
123	7735	Screen Holdings	electronics		0.16
124	9432	Nippon Telegraph and Telephone	communication		0.16
125	4042	Toso	chemistry		0.15
126	4751	CyberAgent	Services (online services)		0.15
127	5214	Nippon Electric Glass	Glass		0.15
128	7911	Toppan Printing	Printing industry		0.15
129	8355	The Shizuoka Bank	Bank		0.15
130	1332	Nippon Suisan Kaisha	fishing		0.14
131	1812	Kajima	construction		0.14
132	6702	Fujitsu	electronics		0.14
133	8002	Marubeni	Trading house		0.14
134	9021	West Japan Railway	Railway operator		0.14
135	5201	AGC	Glass		0.13
136	5714	DOWA Holdings	Non-ferrous metals		0.13
137	6302	Sumitomo Heavy Industries	machinery		0.13
138	6501	Hitachi	electronics		0.13
139	7202	Isuzu Motors	automobile		0.13
140	8233	Takashimaya	retail trade		0.13
141	3402	Toray Industries	textiles		0.12
142	3861	Ōji Holdings	paper		0.12
143	8804	Tokyo Tatemono	property		0.12
144	3086	J. Front Retailing	retail trade		0.11
145	3289	Tokyu Fudosan Holdings	property		0.11
146	4061	Denka	chemistry		0.11
147	6361	Ebara Corporation	machinery		0.11
148	6504	Fuji Electric	electronics		0.11
149	7762	Citizen Watch	Clocks		0.11
150	8331	Chiba Ginko	Bank		0.11
151	9001	Tōbu Tetsudō	Railway operator		0.11
152	9062	Nippon Express	logistics		0.11
153	8306	Mitsubishi UFJ Financial Group	Bank		0.10
154	9531	Tōkyō gas	gas		0.10
155	2432	DeNA	Internet (mobile gaming)		0.09
156	2501	Sapporo Holdings	beer		0.09
157	4005	Sumitomo Chemical	chemistry		0.09
158	4043	Tokuyama	chemistry		0.09
159	4183	Mitsui Chemicals	chemistry		0.09
160	5020	JXTG Holdings	Oil & coal		0.09
161	8354	Fukuoka Financial Group	Bank		0.09
162	8601	Daiwa Securities Group	Investment		0.09
163	9681	Tokyo Dome	Services		0.09
164	5232	Sumitomo Osaka Cement	Building materials		0.08
165	6674	GS Yuasa	electronics		0.08
166	7011	Mitsubishi Heavy Industries	machinery		0.08
167	7186	Concordia Financial	Finances		0.08
168	9532	Osaka gas	gas		0.08
169	9602	Tōhō	Services		0.08
170	1333	Maruha Nichiro	fishing		0.07
171	1605	INPEX	oil and gas		0.07
172	4004	Shōwa Denkō	chemistry		0.07
173	4188	Mitsubishi Chemical Holdings	chemistry		0.07
174	5233	Taiheiyo Cement	Building materials		0.07
175	5631	The Japan Steel Works	Steel, machines		0.07
176	5803	Fujikura	Non-ferrous metals		0.07
177	8309	Sumitomo Mitsui Trust Holdings	Bank		0.07
178	8316	Sumitomo Mitsui Financial Group	Bank		0.07
179	8604	Nomura Holdings	Investment		0.07
180	8729	Sony Financial Holdings	Bank		0.07
181	9202	ANA Holdings	aviation		0.07
182	3401	Teijin	textiles		0.06
183	4631	DIC	chemistry		0.06
184	5707	Tōhō Aen	Non-ferrous metals		0.06
185	6472	NTN	machinery		0.06
186	6701	NEC Corporation	electronics		0.06
187	1808	Haseko	construction		0.05
188	5541	Pacific Metals	Non-ferrous metals (ferronickel)		0.05
189	5706	Mitsui Mining and Smelting	Non-ferrous metals		0.05
190	5711	Mitsubishi Materials	Non-ferrous metals		0.05
191	5801	Furukawa Electric	electronics		0.05
192	6366	Chiyoda	machinery		0.05
193	7012	Kawasaki Heavy Industries	machinery		0.05
194	7013	IHI	machinery		0.05
195	8304	Aozora Bank	Bank		0.05
196	3863	Nippon Paper Industries	paper		0.04
197	4208	Ube Industries	chemistry		0.04
198	5703	Nippon Light Metal Holdings	Non-ferrous metals		0.04
199	7261	Mazda engine	automobile		0.04
200	8795	T&D Holdings	insurance		0.04
201	9104	Mitsui OSK Lines	shipping		0.04
202	9437	NTT DOCOMO	communication		0.04
203	5401	Nippon Steel	steel		0.03
204	5411	JFE Holdings	steel		0.03
205	8303	Shinsei Bank	Bank		0.03
206	8411	Mizuho Financial Group	Bank		0.03
207	8750	The Dai-ichi Life Insurance	insurance		0.03
208	9101	Nippon Yūsen (NYK)	shipping		0.03
209	9502	Chubu Electric Power	electricity		0.03
210	9503	The Kansai Electric Power Co.	electricity		0.03
211	3101	Toyobo	textiles		0.02
212	3436	SUMCO	Non-ferrous metals		0.02
213	4689	Yahoo Japan	Internet (online services)		0.02
214	5202	Nippon Sheet Glass	Glass		0.02
215	6703	Oki Electric Industry	electronics		0.02
216	7003	Mitsui Engineering & Shipbuilding	shipbuilding		0.02
217	9107	Kawasaki Kisen	shipping		0.02
218	2768	Soyitz	Trading house		0.01
219	3103	Unitika	textiles		0.01
220	5406	Kobe Steel	Steel, machines		0.01
221	7004	Hitachi Zosen	machinery		0.01
222	7211	Mitsubishi Motors	automobile		0.01
223	8308	Resona Holdings	Bank		0.01
224	9501	Tokyo Electric Power	electricity		0.01
225	9412	SKY Perfect JSAT Holdings	communication		0.01

Web links

Commons : Nikkei 225  - collection of images, videos and audio files

• Index at Nikkei Inc.
• Index at Bloomberg
• Index at Yahoo

Individual evidence

1. ↑ Nikkei Inc .: Nikkei Divisors - Current Values ( Memento from March 21, 2011 in the Internet Archive )
2. ↑ Nikkei index slips more than six percent . Mirror online. March 14, 2011. Retrieved November 25, 2011.
3. ↑ Die Presse: Tokyo Stock Exchange: Nikkei temporarily lost over 15 percent , from March 15, 2011
4. ↑ ^{a b} Stooq: Historical prices from 1914
5. ↑ ^{a b} Yahoo: Historical prices from 1984
6. ↑ Nikkei Inc .: Best Days of the Nikkei 225
7. ↑ Nikkei Inc .: Badest Days of the Nikkei 225
8. ↑ Fine Facts: Nikkei 225 Index performance from 1914 to 2005
9. ↑ 1Stock1: Nikkei 225 Index (Japan) Yearly Returns
10. ↑ ^{a b} CFA Institute : Global Strategy Overview - The Current Outlook And Perspectives For 2004 ( Memento from January 17, 2012 in the Internet Archive ) (PDF; 2.5 MB)
11. ↑ KK Nihon Keizai Shimbun / Nikkei, Inc .: All companies in the Nikkei 225 ( English )