Daily BriefsECM

Daily Brief ECM: Timee Pre-IPO – Peer Comparison – Stronger Growth Has Allowed It to Close the Margin Gap and more

In today’s briefing:

  • Timee Pre-IPO – Peer Comparison – Stronger Growth Has Allowed It to Close the Margin Gap
  • ECM Weekly (1st July 2024)-Aisin, Mitsui, Japan Hotel, Allied Blenders, Webtoon, Hyundai India


Timee Pre-IPO – Peer Comparison – Stronger Growth Has Allowed It to Close the Margin Gap

By Clarence Chu

  • Timee Inc (215A JP) is looking to raise US$290m from its Japan IPO. The IPO will be a 100% secondary selldown by existing shareholders.
  • Timee operates an on-demand staffing platform that connects part-time jobseekers with businesses in Japan. 
  • In an earlier note, we looked at the firm’s past performance. In this note, we undertake a peer comparison.

ECM Weekly (1st July 2024)-Aisin, Mitsui, Japan Hotel, Allied Blenders, Webtoon, Hyundai India

By Sumeet Singh

  • Aequitas Research’s weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.
  • On the IPO front, we looked at the upcoming mega-listing for Hyundai Motor India.
  • On the placement front, the week was dominated by the cross-shareholding unwinds in Aisin (7259 JP) and Mitsui & Co Ltd (8031 JP)

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