Tokyo stock market to end $360 minimum buy, seeking small investors

NTT among companies that split stocks to reduce threshold, as requested by TSE

The TSE introduced the 50,000-yen minimum in 2006 as a way to prevent stock splits that could cause wild swings in the market. (Photo by Yutaka Miyaguchi)

TAIZO WADA, Nikkei staff writer

July 29, 2023 02:48 JST

TOKYO -- The Tokyo Stock Exchange will remove its guidance that 50,000 yen ($356) represents the lowest desirable investment amount into a company, as Japan's flagship bourse seeks to make it more affordable for retail investors to buy shares.

The TSE will revise the code of conduct for listed companies by October, the exchange said Friday. It currently gives a range of 50,000 yen to 500,000 yen as the preferred minimum investment.