Tag - ipo

 
 

IPO

Kioxia Holdings plans to go public on the Tokyo Stock Exchange as early as October.
BUSINESS
Apr 16, 2024
Kioxia plans to list as early as October as merger talks stall
Kioxia faces a June deadline to refinance as much as ¥900 billion worth of loans, and a public listing will help its negotiations with banks.
Yukio Kani, chairman and global CEO of Jera
BUSINESS / Companies
Apr 15, 2024
Japan’s top power producer Jera considers IPO to fund green push
The Tokyo-based company plans to develop 20 gigawatts of renewable generation capacity by fiscal 2035.
The New York Stock Exchange in New York. Japanese startups have been turning to the United States where institutional investors are more willing to bet on innovative technologies.
BUSINESS / Companies
Apr 10, 2024
New York Stock Exchange trying to get Japanese companies to list in the U.S.
South Korean, Indonesian and Singaporean companies from across various sectors are also looking to list in the U.S..
A prototype of the Astroscale Holdings ELSA-d in-orbit debris capture and removal craft is displayed at the company's office in Tokyo in December 2018.
BUSINESS / Companies
Apr 5, 2024
Japan space startup Astroscale aims for June listing, sources say
The 11-year-old company spoke to overseas institutional investors in March to gather feedback before making a decision on a listing.
An electronic board shows Shanghai and Shenzhen stock indexes at the Lujiazui financial district in Shanghai on March 24.
BUSINESS / Markets
Mar 29, 2024
Chinese firms face funding drought for IPOs amid heavy scrutiny
China's securities watchdog has sharply tightened scrutiny of IPOs this year, leading to companies scrapping domestic listing plans in droves.
Reddit CEO Steve Huffman rings a ceremonial bell at the New York Stock Exchange (NYSE) to celebrate the company's initial public offering on March 21.
BUSINESS / Tech
Mar 28, 2024
Reddit’s IPO is a content moderation success story
Deciding what users are and aren’t allowed to post is something every social media company has to embrace eventually, if it wants to succeed.
Sony Group has lifted its net profit forecast for the year ending March to ¥920 billion from an earlier estimate of ¥880 billion.
BUSINESS / Companies
Feb 14, 2024
Sony Group lifts profit forecast, aims to list financial unit in 2025
The sales projection for fiscal 2023, however, was lowered to ¥12.3 trillion from its November forecast of ¥12.4 trillion.
Tokyo Metro plans to go public in the fiscal year that starts in April.
BUSINESS / Companies
Jan 26, 2024
Tokyo Metro to go public as Japan seeks to reap benefits of buoyant stock market
The company, which is owned by the national government and the Tokyo Metropolitan Government, will be listed in the year that begins in April.
The Financial Services Agency ordered SBI Securities to halt part of its business related to initial public offerings through Jan. 18 as a penalty for having manipulated clients' post-IPO share prices.
BUSINESS / Companies
Jan 13, 2024
Japan’s biggest online brokerage SBI punished for market rigging
The Financial Services Agency on Friday instructed the nation’s biggest online broker SBI Securities not to solicit trade orders from clients for shares on the day they list.
Officials from iQPS celebrate in the city of Fukuoka in June after the successful launch of a rocket carrying a small satellite developed by the firm.
BUSINESS / Companies
Dec 6, 2023
Satellite imagery startup iQPS surges 82% in Tokyo debut
The stock opened at ¥860 per share versus its IPO price of ¥390, with trading delayed by nearly five hours due to a glut of buy orders.
Mizuho Financial Group will raise its stake in Rakuten Securities to nearly 50%.
BUSINESS / Companies
Nov 9, 2023
Mizuho said to raise Rakuten Securities stake to almost 50%
The banking group plans to increase its investment in Rakuten’s online securities arm, which isn’t proceeding with an initial public offering for now.
Kokusai Electric's technology and manufacturing center in the city of Toyama
BUSINESS / Companies
Oct 25, 2023
Kokusai Electric shares jump 28% in Tokyo debut
The stock closed at ¥2,350, valuing the company at ¥541.5 billion as investors grabbed shares following the IPO.
An electronic stock board in Tokyo. Kokusai Electric is set to go public on the Tokyo Stock Exchange on Wednesday.
BUSINESS / Markets
Oct 24, 2023
KKR poised for Kokusai payoff with largest Japan IPO since 2018
The American private equity firm acquired the business from Hitachi Kokusai Electric through a tender offer in 2018.
Arm CEO Rene Haas participates in the opening bell ceremony at the Nasdaq exchange in New York on Sept. 14 as the chip design firm holds an initial public offering.
BUSINESS / Markets
Oct 6, 2023
SoftBank’s Arm faces Wall Street scrutiny after massive IPO
Arm Holdings raised $4.87 billion last month in the largest IPO on a U.S. exchange since November 2021.
The Nasdaq market site in New York. Dozens of Japanese startups are preparing to list on the Nasdaq in the next few years.
BUSINESS / Markets
Oct 2, 2023
Nasdaq helps Japan startups escape risk-averse home market
An unprecedented number of entrepreneurs turn away from an aging, risk-averse home market.
There were 73 Japan initial public offerings during the first nine months of this year that raised a combined $3.3 billion, nearly four times as much as the same period a year earlier.
BUSINESS / Markets
Sep 29, 2023
Tokyo equity offerings surge amid shift toward capital efficiency
Investors were encouraged by a surge in the 225-issue Nikkei stock index and signs that firms have begun to manage their capital more efficiently.
Arm CEO Rene Haas participates in the opening bell ceremony, as Softbank's Arm holds an initial public offering at Nasdaq Market site in New York on Thursday.
BUSINESS
Sep 19, 2023
SoftBank Group to gain $5.12 billion from blockbuster Arm IPO
Arm, whose chips power most of the world's smartphones, debuted on the U.S. Nasdaq stock exchange last Thursday in the largest U.S. IPO this year.
Banking on strong investor appetite for emerging market growth in the absence of Chinese stock offerings, some Southeast Asian companies are considering listing in the U.S.
BUSINESS / Companies
Sep 19, 2023
More Southeast Asian firms consider U.S. IPOs
Senior executives at some firms have said they were looking into New York as one of their initial public offering venues.
Arm executives gather outside the Nasdaq Market site, as the chip design firm held an initial public offering in New York on Thursday.
BUSINESS / Tech
Sep 16, 2023
SoftBank's Arm ends down, a day after $65 billion Nasdaq debut
Some strategists said trading volatility in the stock may be tied to the limited number of publicly traded shares.
Arm CEO Rene Haas rings the opening bell, as Softbank's Arm, a chip design firm, holds an initial public offering at Nasdaq MarketSite in New York on Thursday.
BUSINESS / Companies
Sep 15, 2023
Chip designer Arm soars 25% in IPO win for owner SoftBank
Shares in the chip designer, still 90% owned by SoftBank, closed at $63.59 in New York trading Thursday, giving it a market value of over $65 billion.

Longform

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