Daily BriefsESG

Daily Brief ESG: Rather and more

In today’s briefing:

  • Rather, Listing Criteria for Prime Market Should Be Modified to the Original Concept of the Market

Rather, Listing Criteria for Prime Market Should Be Modified to the Original Concept of the Market

By Aki Matsumoto

  • While the listing criteria aren’t consistent with the initial concept of the prime market, “investment targets for global investors,” “transitional” companies that don’t meet those listing criteria are allowed listing.
  • Delisting through TOB or MBO will lead to the metabolism of listed companies and maintain the quality of the TSE as an “investment target for global investors” market.
  • It is not about bringing “transitional” companies into compliance with the listing criteria of the prime market, but about modifying the listing criteria to the original concept of the market.

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