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Markets

Japan job site operator valued at $2.3bn in IPO

Visional sold 89% of shares to overseas investors in Tokyo listing

Visional, which owns the executive job matching site Bizreach, raised $92 million in an IPO. (Source photos from Visional website and Kai Fujii)

TOKYO -- A Japanese operator of a jobs website was valued at 249 billion yen ($2.3 billion) in its trading debut on Thursday, a sign of how investors are betting that Japanese companies will break away from the tradition of hiring employees for their entire careers.

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