Japan Exchange Group Inc.’s first large-scale reshuffle of the Topix Index goes into effect Friday, part of the biggest overhaul in the benchmark’s history that may shrink the number of constituents by more than one-third
Japan Exchange Group is set to unveil the biggest-ever reshuffle of the Topix on Wednesday, a revamp that could shrink one of Asia’s broadest major equity benchmarks and intensify pressure on Japanese companies to boost their market appeal.