Kabutochō (Japanese: 兜町), or more formally Nihonbashi Kabutochō (Japanese: 日本橋兜町), is a neighborhood of Nihonbashi, Chuo-ku, Tokyo, where the Tokyo Stock Exchange and many securities companies are located, so that it is considered Japan's equivalent of Wall Street in New York City.
The name of Kabutochō, literally the town of Kabuto (ancient helmet), is said to come from a legend that Minamoto no Yoshiie, upon his return from having conquered the north-eastern provinces in the eleventh century, buried his helmet there.
[2] It used to be a swampy area till the early 17th century, when the Daimyo who were forced to participate in the building of the Edo Castle built their residences.
As the Tokyo Stock Exchange was established there in 1878, the area soon became Japan's financial center, with many securities companies and banks setting up their headquarters and/or branch offices.
[5] Public elementary and junior high schools are operated by Chuo City Board of Education.