Japan’s Topix stock index is poised for its biggest overhaul, with more than 600 companies — over a third of its constituents — likely to be gradually removed under new eligibility rules, according to analysts’ estimates.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-06/japan-small-caps-face-survival-race-as-topix-cull-looms)