| 1 | Mitsubishi UFJ Financial Group | 8306 | Banking & Financial Services | 266.8 |
| 2 | Toyota Motor Corporation | 7203 | Automotive | 227.3 |
| 3 | Kioxia Holdings Corporation | 285A | Semiconductors & Memory Storage | 212.2 |
| 4 | Sumitomo Mitsui Financial Group | 8316 | Banking & Financial Services | 168.9 |
| 5 | Tokyo Electron Limited | 8035 | Semiconductor Equipment | 165.1 |
| 6 | Advantest Corporation | 6857 | Semiconductor Test Equipment | 159.2 |
| 7 | Hitachi, Ltd. | 6501 | Conglomerate & Industrial Systems | 151.3 |
| 8 | Recruit Holdings | 6098 | HR Technology & Online Platforms | 141.6 |
| 9 | Sony Group Corporation | 6758 | Consumer Electronics & Entertainment | 139.1 |
| 10 | Fast Retailing Co., Ltd. | 9983 | Apparel & Retail | 138.1 |
| 11 | Mizuho Financial Group | 8411 | Banking & Financial Services | 134.9 |
| 12 | Keyence Corporation | 6861 | Factory Automation & Sensors | 124.5 |
| 13 | Mitsubishi Corporation | 8058 | General Trading (Sogo Shosha) | 117.4 |
| 14 | Itochu Corporation | 8001 | General Trading (Sogo Shosha) | 102.4 |
| 15 | Tokio Marine Holdings | 8766 | Insurance | 97.9 |
| 16 | Mitsui & Co. | 8031 | General Trading (Sogo Shosha) | 93.9 |
| 17 | Nippon Telegraph and Telephone (NTT) | 9432 | Telecommunications | 89.4 |
| 18 | Mitsubishi Heavy Industries | 7011 | Aerospace, Defense & Machinery | 83.7 |
| 19 | Murata Manufacturing | 6981 | Electronic Components | 83.2 |
| 20 | Japan Post Bank | 7182 | Banking & Financial Services | 77.4 |
| 21 | Japan Tobacco (JT) | 2914 | Tobacco & Consumer Goods | 76.9 |
| 22 | SoftBank Corp. (Telco) | 9434 | Telecommunications | 75.1 |
| 23 | KDDI Corporation | 9433 | Telecommunications | 74.1 |
| 24 | Chugai Pharmaceutical | 4519 | Pharmaceuticals | 70.0 |
| 25 | Shin-Etsu Chemical | 4063 | Chemicals & Specialty Materials | 69.0 |
| 26 | Mitsubishi Electric | 6503 | Electrical Equipment & Electronics | 67.5 |
| 27 | Nintendo Co., Ltd. | 7974 | Gaming & Entertainment | 65.4 |
| 28 | SoftBank Group Corp. | 9984 | Investment & Technology Holding | 64.2 |
| 29 | Takeda Pharmaceutical Company | 4502 | Pharmaceuticals | 59.6 |
| 30 | Sumitomo Corporation | 8053 | General Trading (Sogo Shosha) | 56.7 |
| 31 | Fujikura Ltd. | 5803 | Fiber Optics & Power Cables | 54.8 |
| 32 | Marubeni Corporation | 8002 | General Trading (Sogo Shosha) | 53.8 |
| 33 | Hoya Corporation | 7741 | Optical & Medical Equipment | 52.5 |
| 34 | MS&AD Insurance Group | 8725 | Insurance | 47.4 |
| 35 | Toyota Tsusho Corporation | 8015 | General Trading (Sogo Shosha) | 45.5 |
| 36 | Dai-ichi Life Holdings | 8750 | Life Insurance | 43.8 |
| 37 | Japan Post Holdings | 6178 | Conglomerate & Logistics | 43.5 |
| 38 | Fujitsu Limited | 6702 | IT Services & Solutions | 43.2 |
| 39 | Komatsu Ltd. | 6301 | Construction & Mining Machinery | 42.9 |
| 40 | ORIX Corporation | 8591 | Diversified Financial Services | 42.8 |
| 41 | Sumitomo Electric Industries | 5802 | Automotive Parts & Optical Cables | 42.0 |
| 42 | Honda Motor Co., Ltd. | 7267 | Automotive | 40.6 |
| 43 | Ibiden Co., Ltd. | 4062 | IC Packaging Substrates & Ceramics | 40.4 |
| 44 | Otsuka Holdings | 4578 | Pharmaceuticals & Nutraceuticals | 40.3 |
| 45 | NEC Corporation | 6701 | IT Systems & Telecommunications | 39.5 |
| 46 | Toyota Industries Corporation | 6201 | Machinery & Automotive Components | 39.2 |
| 47 | Renesas Electronics | 6723 | Semiconductors | 38.7 |
| 48 | Sompo Holdings | 8630 | Insurance | 38.4 |
| 49 | Disco Corporation | 6146 | Semiconductor Dicing & Grinding | 38.0 |
| 50 | NTT DATA Group | 9613 | IT Consulting & System Integration | 37.8 |
| 51 | Daikin Industries | 6367 | HVAC & Air Conditioning | 36.9 |
| 52 | Resona Holdings | 8308 | Banking & Financial Services | 36.1 |
| 53 | TDK Corporation | 6762 | Electronic Materials & Components | 35.1 |
| 54 | Fanuc Corporation | 6954 | Industrial Robotics & Factory Automation | 35.0 |
| 55 | Oriental Land Co., Ltd. | 4661 | Leisure & Entertainment | 33.8 |
| 56 | Daiichi Sankyo | 4568 | Pharmaceuticals | 32.0 |
| 57 | Sumitomo Mitsui Trust Holdings | 8309 | Trust Banking & Asset Management | 31.4 |
| 58 | Ajinomoto Co., Inc. | 2802 | Food & Semiconductor ABF Film | 31.2 |
| 59 | Nomura Holdings | 8604 | Investment Banking & Brokerage | 30.9 |
| 60 | Denso Corporation | 6902 | Automotive Parts | 30.7 |
| 61 | Bridgestone Corporation | 5108 | Tires & Rubber Products | 30.4 |
| 62 | Lasertec Corporation | 6920 | Semiconductor Mask Inspection | 30.1 |
| 63 | Mitsui Fudosan | 8801 | Real Estate Development | 29.8 |
| 64 | Mitsubishi Estate | 8802 | Real Estate Development | 29.2 |
| 65 | Canon Inc. | 7751 | Optical & Imaging Products | 28.9 |
| 66 | Panasonic Holdings | 6752 | Electronics & EV Batteries | 28.5 |
| 67 | Central Japan Railway (JR Central) | 9022 | Rail Transportation | 28.2 |
| 68 | Suzuki Motor Corporation | 7269 | Automotive | 27.9 |
| 69 | Inpex Corporation | 1605 | Oil & Gas Exploration | 27.4 |
| 70 | Shionogi & Co. | 4507 | Pharmaceuticals | 26.8 |
| 71 | East Japan Railway (JR East) | 9020 | Rail Transportation | 26.5 |
| 72 | Kyocera Corporation | 6971 | Electronic Components & Ceramics | 26.1 |
| 73 | Terumo Corporation | 4543 | Medical Devices | 25.8 |
| 74 | Nippon Steel Corporation | 5401 | Steel Manufacturing | 25.3 |
| 75 | Nidec Corporation | 6594 | Electric Motors | 24.8 |
| 76 | Daiwa House Industry | 1925 | Construction & Real Estate | 24.5 |
| 77 | Seven & i Holdings | 3382 | Retail & Convenience Stores | 24.1 |
| 78 | Sekisui House | 1928 | Construction & Residential Housing | 23.6 |
| 79 | Eisai Co., Ltd. | 4523 | Pharmaceuticals | 23.2 |
| 80 | Asahi Group Holdings | 2502 | Beverages & Brewing | 22.8 |
| 81 | Astellas Pharma | 4503 | Pharmaceuticals | 22.4 |
| 82 | Olympus Corporation | 7733 | Precision Medical Optics | 21.9 |
| 83 | SMC Corporation | 6273 | Pneumatic Control Components | 21.5 |
| 84 | Kubota Corporation | 6326 | Agricultural & Construction Machinery | 21.1 |
| 85 | Subaru Corporation | 7270 | Automotive | 20.7 |
| 86 | Toray Industries | 3402 | Specialty Chemicals & Carbon Fiber | 20.2 |
| 87 | Kirin Holdings | 2503 | Beverages & Pharmaceuticals | 19.8 |
| 88 | Shiseido Company | 4911 | Cosmetics & Personal Care | 19.3 |
| 89 | Fujifilm Holdings | 4901 | Healthcare & Precision Materials | 18.9 |
| 90 | Kikkoman Corporation | 2801 | Food Products & Seasonings | 18.5 |
| 91 | AGC Inc. | 5201 | Glass, Chemicals & Advanced Materials | 18.1 |
| 92 | Omron Corporation | 6645 | Automation & Healthcare | 17.6 |
| 93 | Sumitomo Realty & Development | 8830 | Real Estate Development | 17.2 |
| 94 | West Japan Railway (JR West) | 9021 | Rail Transportation | 16.8 |
| 95 | Nissan Motor | 7201 | Automotive | 16.4 |
| 96 | Rohm Co., Ltd. | 6963 | Semiconductors | 16.1 |
| 97 | Hankyu Hanshin Holdings | 9042 | Transportation & Entertainment | 15.7 |
| 98 | JFE Holdings | 5411 | Steel Manufacturing | 15.3 |
| 99 | Kao Corporation | 4452 | Personal Care & Household Chemicals | 15.0 |
| 100 | Shimano Inc. | 7309 | Bicycle Components & Fishing Tackle | 14.7 |
