Line said to pursue U.S. IPO with confidential filing to SEC

Jul 18, 2014

Line said to pursue U.S. IPO with confidential filing to SEC

Line Corp., operator of Japan’s most popular mobile messaging service, filed confidentially for an initial offering in the United States, people with knowledge of the matter said, taking a step closer to a dual-listing in New York and Tokyo. Morgan Stanley is managing the ...

Jun 4, 2014

Line Corp. weighs Tokyo, New York IPOs this year

Smartphone messaging app operator Line Corp. is considering initial public offerings on bourses in Japan and the U.S. this year to raise funds and accelerate overseas business, according to sources. Line, a Tokyo-based subsidiary of South Korea’s Naver Corp., is considering listing on the ...

May 14, 2014

Staffing agency Recruit plans IPO

Staffing services provider Recruit Holdings Co. plans an initial public offering on the Tokyo Stock Exchange as soon as October, people with knowledge of the matter said. The Tokyo-based firm is expected to seek a valuation of more than ¥1 trillion, the people said, ...

Weibo's Nasdaq debut highlights Chinese censorship

| Apr 18, 2014

Weibo's Nasdaq debut highlights Chinese censorship

Weibo Corp. executives on Thursday toasted the Chinese social media firm’s debut at Nasdaq’s New York headquarters. Hours earlier in Beijing, Charles Xue, a Chinese-American venture capitalist and prominent Weibo user, celebrated a different kind of coming-out: his release after eight months in jail. ...

Apr 10, 2014

Chagrined Seibu cuts IPO value 73%

Seibu Holdings Inc., owner of Japan’s biggest hotel chain, reduced the size of its initial public offering by at least 73 percent with its largest shareholder opting out after investors balked at the valuation. Seibu is seeking as much as ¥50.1 billion ($491 million) ...

Mar 25, 2014

Japan Display earns big return for INCJ despite IPO flop

Look beyond the messy initial public offering of Japan Display Inc. and there’s a surprising tale in the numbers: The government helped combine three struggling businesses, restructure them to turn the combined entity profitable — and made money in the process. The government-backed Innovation ...

Screen maker's IPO 'a disaster'

Mar 19, 2014

Screen maker's IPO 'a disaster'

by Hiroshi Hiyama

Shares in Japan Display, the world’s biggest maker of screens for smartphones and tablets and a key Apple supplier, lost more than 15 percent of their value Wednesday following a $3.2 billion initial public offering. The stock, which at one stage lost more than ...

Jan 29, 2014

Skylark said working with Nomura, BoA on IPO

Restaurant operator Skylark Co., which is controlled by Bain Capital LLC, is working with Nomura Holdings Inc. and Bank of America Corp. to prepare its initial public offering, two sources said. Skylark plans to go public on the Tokyo Stock Exchange later this year, ...

Dec 4, 2013

IPOs on pace to grow 20% in '13

Initial public offerings in 2013 are on track to grow some 20 percent from the previous year amid a buoyant stock market thanks partly to Prime Minister Shinzo Abe’s economic policies. The number of newly listed companies is likely to rise to 58, exceeding ...