In today’s briefing:
- TSE Growth Market Reforms Also Expected to Be Effective in “Request”

TSE Growth Market Reforms Also Expected to Be Effective in “Request”
- A drastic shift by the TSE to focus on quality without increasing the number of listed companies by reducing the number of IPO companies is not very promising.
- TSE will raise the hurdle for listing maintenance criteria slightly, but it will ask companies to make a commitment to post-listing growth during the listing examination process.
- It’ll take time for quality of market to increase, and we expect that companies that are aware of listing costs with help from investors will naturally move to de-list themselves.