the index growth has been more moderate at around the 22,000 mark. There is concern that the rise since 2013 is artificial and due to purchases by the Bank of Japan ("BOJ"). From a start in 2013, by end 2017, The BOJ owned circa 75% of all Japanese Exchange Traded Funds ("ETFs"), and are a top 10 shareholder of 90% of the Nikkei 225 constituents. On February 15, 2021, the Nikkei average breached the 30,000 benchmark, its highest level in 30 years, due to the levels of monetary stimulus and asset purchase programs executed by the Bank of Japan to mitigate the financial effects of the COVID-19 pandemic. Weighting The index is a price-weighted index. As of early 2022, the company with the largest influence on the index is Fast Retailing (). Contract Specifications The Nikkei 225 is traded as a future on the Osaka exchange. The contract specifications for the Nikkei 225 (ticker symbol JNK) are listed below: Annual returns The following table shows the annual development of the Nikkei 225, which was calculated back to 1914. Components As of October 2021, the Nikkei 225 consists of the following companies: (Japanese securities identification code in parentheses) Fishery Nissui Corporation () Maruha Nichiro Holdings, Inc. () Mining Inpex Corp. () Construction Comsys Holdings Corp. () Daiwa House Industry Co., Ltd. () Haseko Corp. () JGC Corporation () Kajima Corp. () Obayashi Corp. () Sekisui House, Ltd. () Shimizu Corp. () Taisei Corp. () Foods Ajinomoto Co., Inc. () Asahi Group Holdings, Ltd. () Japan Tobacco Inc. () Kikkoman Corp. () Kirin Holdings Company, Limited () Meiji Holdings Company, Limited () Nichirei Corp. () NH Foods, Ltd. () Nisshin Seifun Group Inc. () Sapporo Holdings Ltd. () Takara Holdings Inc. () Textiles & apparel Teijin Ltd. () Toray Industries, Inc. () Toyobo Co., Ltd. () Unitika, Ltd. () Pulp & paper Nippon Paper Industries Co., Ltd. () Oji Holdings Corporation () Chemicals Asahi Kasei Corp. () Denki Kagaku Kogyo K.K. () DIC Corporation () Fujifilm Holdings Corp. () Kao Corp. () Kuraray Co., Ltd. () Mitsubishi Chemical Holdings Corp. () Mitsui Chemicals, Inc. () Nissan Chemical Industries, Ltd. () Nitto Denko () Shin-Etsu Chemical Co., Ltd. () Shiseido Co., Ltd. () Showa Denko K.K. () Sumitomo Chemical Co., Ltd. () Tokuyama Corporation () Tosoh Corp. () Ube Industries, Ltd. () Pharmaceuticals Astellas Pharma Inc. () Chugai Pharmaceutical Co., Ltd. () Daiichi