Daily BriefsUtilities Sector

Daily Brief Utilities: Tokyo Stock Exchange Tokyo Price Index Topix and more

In today’s briefing:

  • Growth in Corporate Value over Longer Term Is More Important than Meeting Immediate Listing Criteria


Growth in Corporate Value over Longer Term Is More Important than Meeting Immediate Listing Criteria

By Aki Matsumoto

  • Largest 500 companies in prime market of 1,800 companies account for 90% of the market capitalization, which shows how low the listing standard of JPY10 billion tradable market capitalization is.
  • It’s more important to implement measures that will grow corporate value over the medium-t0-long term than whether or not the market capitalization standard can be achieved by March 2025.
  • Since companies that choose standard market at market reclassification include companies that don’t want to resolve corporate governance issues, more companies in standard market won’t be proactive in corporate governance.

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