Nikkei 225 index in radical overhaul

TOKYO. Nintendo Co., Keyence Corp and Murata Manufacturing Co. will join Japan’s Nikkei 225 Stock Average in a major change to the make-up of the bluechip gauge.

The three companies’ stocks will be added on October 1, Nikkei Inc said in a statement. The long-awaited inclusion of Nintendo comes after Nikkei implemented changes to the way the measure is calculated, allowing for the adjustment of high-priced stocks.

Nisshinbo Holdings Inc, Toyo Seikan Group Holdings and Sky Perfect JSAT Holdings Inc will be removed.

Earlier this year, Nikkei announced the changes to its methodology, a move seen to be aimed at modernising the gauge and allowing companies such as Nintendo to join.