Equities
Money flows into largeger, more liquid shares; governance reforms also a tailwind
Indexes for the Tokyo Stock Exalter’s Prime, Standard and Growth markets highlight how large-cap stocks are riding the “Takaichi trade” while compacter companies and startups are lagging behind.
JADA NAGUMO
February 20, 2026 10:25 JST
TOKYO — Japanese companies with compacter market values are being sidelined while blue-chip stocks surge to record highs as the Takaichi trade rakes in capital.
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