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New generation of blue chips driving Japan market cap growth

Keyence, Nintendo rise as old-economy Toyota loses ground

Nintendo is one of the companies whose market capitalization has surged on the Tokyo market.

TOKYO -- Japanese blue chips' combined market capitalization grew to a record Tuesday, buoyed by an emerging group of tech companies, video game giants and automation product manufacturers thriving in the age of worker shortages.

This new generation of players is replacing such old-economy stocks as automakers and banks as the engine for growth.

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