# Topix Overhaul Cuts Hundreds of Japanese Stocks

> Japan Exchange Group removes 683 stocks from Topix benchmark to boost market appeal.
- Title: Topix Overhaul Cuts Hundreds of Japanese Stocks | Shortify
- Summary: Japan Exchange Group removes 683 stocks from Topix benchmark to boost market appeal. Japan Exchange Group will remove 683 stocks from its Topix benchmark…
- Keywords: japan exchange group, topix, mcdonalds holdings co japan, ferrotec, securities, stock exchange, news, politics, world, Overhaul, Cuts, Hundreds
- Source: The Japan Times — https://japantimes.co.jp/business/2026/10/07/topix-revamp-cull-stocks
- Author: Kentaro Tsutsumi
- Published: 2026-10-07T09:41:00+00:00
- Read time: 1 min
- Topics: japan exchange group, topix, mcdonalds holdings co japan, ferrotec, securities, stock exchange, news, politics, world
## Japan Exchange Group Unveils Topix Revamp
Japan Exchange Group (JPX) unveiled the biggest-ever reshuffle of the Topix on Wednesday, a revamp that shrinks one of Asia’s broadest major equity benchmarks.
## 683 Companies Earmarked for Removal
There were 683 companies earmarked for removal under tougher inclusion rules, according to JPX’s announcement.
## Gradual Removal Includes Medley and Ichiyoshi
Those slated for gradual removal include Medley and Ichiyoshi Securities Co.
## 35 Stocks Added to Topix
Among the 35 stocks that will be added are McDonald’s Holdings Co. Japan and Ferrotec.
## Changes Effective October 30
The changes will begin to take effect on Oct. 30.
## Second Stage of Multiyear Effort
The changes are the second stage of a multiyear effort by the group, which operates the Tokyo Stock Exchange, to make the Topix more investable.
## Key takeaway

Japan Exchange Group will remove 683 stocks from its Topix benchmark starting October 30 to improve market appeal for investors.