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
- 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.