Tokyo Stock Exchange reshuffle's winners aren't all on Prime market

Shares choosing second-tier Standard market gain 3% from August

20220404N TSE

Critics of the Tokyo Stock Exchange say its new top tier should be more selective. (Photo by Shunsuke Inaba)

KOHEI ONISHI and RYO SAEKI, Nikkei staff writers

TOKYO -- The revamped Tokyo Stock Exchange's new big board may look much like the old one. But a deeper analysis shows how investors are trying to pick winners out of the Japanese stock market's biggest shake-up in six decades.

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