Tokyo Stock Exchange's Prime market sheds 20% of listed companies in 2 years

Firms shift to lower tier or go private in face of tougher standards

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The Tokyo Stock Exchange's top tier has experience a shakeout over the past two years. (Photo by Yutaka Miyaguchi)

KOSUKE OKAMATO, Nikkei staff writer

TOKYO -- The number of companies listed on the Tokyo Stock Exchange's Prime market has shrunk by 20% since the bourse was reshuffled two years ago, reflecting the higher standards expected from Japanese blue chips.

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