
Nikkei
Japan's benchmark stock index, tracking 225 large-CAP companies on the Tokyo Stock Exchange since 1950.
The Nikkei 225 tracks 225 large-cap Tokyo Stock Exchange companies and has moved sharply on Gulf oil shocks, falling 7.05% on 14 March 2026 as Hormuz closure fears peaked.
Last refreshed: 22 September 2026 · Appears in 1 active topic
Why does Japan's Nikkei fall so sharply when Gulf oil supplies are threatened?
Timeline for Nikkei
Mentioned in: Japan's megabanks plan a smaller intake
AI: Jobs, Power & MoneyMentioned in: Iran and US name Hormuz two ways
Iran Conflict 2026Mentioned in: Red Cat raises $225m and wins Japan
Drones: Industry & DefenceMentioned in: Dow drops 600; stagflation warnings
Iran Conflict 2026Fell 7.05% below 52,000 as SoftBank slid 11% and Hang Seng dropped
Iran Conflict 2026: Nikkei falls 7% as Asia-Pacific bucklesBackground
The Nikkei 225 is a price-weighted index of 225 large-CAP companies listed on the Tokyo Stock Exchange, operated by Nikkei Inc since 1950. Like the Dow Jones, its price weighting gives higher-priced constituent stocks greater influence. Alongside the KOSPI and Hang Seng, it is one of Asia's primary gauges of regional economic sentiment, closely tracked by global institutional investors.
Japan imports roughly 90% of its crude oil, leaving the Nikkei structurally exposed to any disruption on Gulf supply routes. During the Iran conflict that broke out in early 2026, the index fell 7.05% in a single session on 14 March, dropping below 52,000 for the first time since January as Hormuz closure fears intensified. Nikkei-listed exporters such as SoftBank fell even harder in the same move.
Nikkei Inc also owns the Financial Times, acquired from Pearson in 2015 for £844 million, giving the company a dual identity as both a financial data provider and one of the world's most influential English-language news organisations. The index remains the primary lens through which international investors read Japanese and North Asian economic health.