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TSE

Subway operator Tokyo Metro said that its initial public offering was aiming to raise around ¥319.6 billion.
BUSINESS / Markets
Sep 24, 2024
Larger IPOs set to test dominance of smaller listings in Japan
New listings look to be gaining momentum as the Nikkei 225 Stock Average has rebounded more than 20% from this year’s intraday low on Aug. 5.
The government has been encouraging people to shift some of the roughly ¥1 quadrillion held in bank accounts to the stock market, but leading candidates to be the next prime minister have avoided investing in stocks.
BUSINESS
Sep 24, 2024
LDP presidential candidates avoid investing in Japanese stocks
Two of the top candidates, Shinjiro Koizumi and Sanae Takaichi, report owning no shares.
Tokyo Metro will aim to raise $2.25 billion — making it the largest IPO in Japan for six years.
BUSINESS / Companies
Sep 20, 2024
Tokyo Metro and Rigaku set stage for $3 billion Japan IPOs as listings gather pace
Tokyo Metro's indicative price of ¥1,100 per share would raise ¥319.55 billion ($2.25 billion), giving the company a market value of ¥639.1 billion.
The world-beating record rally in Japanese shares this year has stalled, with a 12% plunge in both the Topix and Nikkei 225 gauges on Aug. 5 underscoring the risks of putting money into already high-flying equities.
BUSINESS / Markets
Sep 19, 2024
Japanese share sales reach 20-year high despite market rout
The share surge was driven in part by policymakers pushing companies to boost returns for their shareholders.
The 225-issue Nikkei average plunged 4.2% on Wednesday, its sharpest drop since a 12% crash on Aug. 5.
BUSINESS / Markets
Sep 5, 2024
Japanese stocks seen as volatile and capped as U.S. walks economic tightrope
Japan's stock market is heavily influenced by movements in Wall Street and the exchange rate, which remain uncertain due to the unpredictable U.S. presidential election.
An electronic quotation board shows the Nikkei stock average dropping more than 1,500 points on Wednesday, weighed down by falls on Wall Street following lackluster manufacturing data.
BUSINESS / Markets
Sep 4, 2024
Japanese stocks tumble amid U.S. tech selloff
Some analysts see Wednesday’s drop as a temporary reaction than a start of another meltdown.
An electric stock board displays the rate of the yen against the U.S. dollar at the Tokyo Stock Exchange in early August.
BUSINESS / Markets
Aug 31, 2024
Yen’s rapid advance pressures earnings once thought easy to beat
With stronger signals coming from the Bank of Japan and Federal Reserve, the yen has gained 3.5% against the dollar since the end of July.
Japan's pharmaceutical shares have gained 10% since the start of July through last week.
BUSINESS / Companies
Aug 27, 2024
Japan's pharmaceutical stocks surge to record highs after market rout
The firms' market performance suggest investors favor defensive shares amid concern that global economic growth will slow.
Subway operator Tokyo Metro may raise as much as ¥350 billion as early as October, which will boost the amount of money raised in Japan’s stock market this year.
BUSINESS / Markets
Aug 27, 2024
Jumbo listings set to boost Japan’s market as sentiment recovers
Two jumbo initial public offerings may roughly triple the amount of money raised in Japan’s stock market this year as sentiment bounces back from this month’s selloff.
Launched in 2012 in collaboration with the Tokyo Stock Exchange, the Nadeshiko Brand recognition aims to spotlight companies that not only prioritize gender diversity but also maintain solid financial performance.
BUSINESS / Companies
Aug 26, 2024
METI to expand Nadeshiko Brand criteria for women-friendly listed firms
Companies that offer support for women’s health in a bid to foster corporate awareness and encourage long-term career development for women will be eligible.
An electronic ticker at the Tokyo Stock Exchange in Tokyo earlier this month
BUSINESS
Aug 21, 2024
Sticky money stays in Japan while short-term players dump stocks
Foreign investors sold $5.28 billion in Japanese equities, cash and futures combined in the first week of August.
The 225-issue Nikkei average ended in negative territory Monday for the first time in six sessions.
BUSINESS / Markets
Aug 19, 2024
Nikkei falls on yen's gain, while Seven & I surges
The Nikkei index closed 1.77% lower at 37,388.62, snapping a five-day winning run that pushed up the index 8.7% last week.
Activist funds added to their holdings during the Aug. 5 selloff in the Japanese stock market, an indication that they don’t mind taking significant risks to boost their stakes in target companies.
BUSINESS / Markets
Aug 19, 2024
Activists bought Japanese stocks during worst rout since 1987
Activists bought a total of 2.8 million shares during the Aug. 5 selloff, the most in at least 60 days.
The central and Tokyo governments, which own 100% of Tokyo Metro, expect to receive approval for the firm's listing from the Tokyo Stock Exchange as soon as mid-September, sources said.
BUSINESS / Companies
Aug 19, 2024
$4.7 billion valuation for Tokyo Metro targeted in IPO, sources say
Tokyo Metro could have Japan's biggest initial public offering in roughly six years.
The display window of a brokerage showing the closing numbers of the Tokyo Stock Exchange, along a street in the capital on Tuesday.
BUSINESS / Markets
Aug 17, 2024
Foreign investors are trading Japan’s stocks like never before
The Nikkei 225-issue average slumped 12% on Aug. 5, the biggest percentage fall since Black Monday in 1987, before rebounding 10% the next day.
A monitor in Tokyo's Shibuya Ward displays a news headline reporting the Nikkei stock average plunging on Aug. 5.
BUSINESS / Markets
Aug 16, 2024
Foreign investors buying Japanese stocks after recent slump, Goldman says
The investment bank's chief Japan equity strategist notes that interest levels from certain segments of the foreign investor community have grown noticeably higher.
A monitor in Tokyo on Friday shows the Nikkei stock average rising more than 1,000 points from the previous day.
BUSINESS / Markets
Aug 16, 2024
Nikkei surges on back of strong U.S. economic data
The 225-issue Nikkei average added 3.64% to end the session at 38,062.67, a gain of 8.7% over the week.
Prime Minister Fumio Kishida leaves at the end of a news conference, in which he announced he is stepping down, at the Prime Minister's Office in Tokyo on Wednesday.
BUSINESS / Markets
Aug 14, 2024
Kishida's shock announcement shakes already unsettled Japanese markets
The prime minister's decision to step down follows the Bank of Japan's surprise rate hike just two weeks earlier.
JPMorgan Asset Management (Japan) President Shoichi Okoshi speaks during an interview in Tokyo in July.
BUSINESS / Companies
Aug 14, 2024
JPMorgan wants a 30% female exec ratio in Japan
The Japanese affiliate of U.S. financial giant JPMorgan Chase plans to adopt the threshold within several years
The WisdomTree Japan Hedged Equity Fund saw an outflow of more than $400 million last week, the most since 2018.
BUSINESS / Markets
Aug 13, 2024
Yen-hedged ETF suffers exodus of cash from carry-trade fiasco
The fund’s cash withdrawal last week now puts it on pace for its worst month of outflows since December 2018, though it still has a positive haul overall for the year.

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