Daily BriefsTMT/Internet

Daily Brief TMT/Internet: Tokyo Stock Exchange Tokyo Price Index Topix and more

In today’s briefing:

  • Conflicts of Interest Prevent TSE from Resolving Prime Market Listing Criteria Issues

Conflicts of Interest Prevent TSE from Resolving Prime Market Listing Criteria Issues

By Aki Matsumoto

  • For companies applying transitional measures, it was an opportunity to attract investor attention and consider what is listing. This should serve as an opportunity to promote metabolism of listed companies.
  • Listing fees are set at the highest rates for prime market, so if the number of prime market companies decreases, TSE revenues will decrease. A conflict of interest has arisen.
  • With such a conflict of interest at TSE, it is unlikely that the contradiction between the prime market concept and listing criteria that many market participants perceive can be resolved.

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