ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Markets

Japan seeks more unicorns by easing rules on unlisted shares

New startup market proposed as country trails US and China

A busy street crossing in Tokyo. Japan's securities industry wants to build a more dynamic market for unlisted stocks.   © Reuters

TOKYO -- Japan's securities industry will ease rules on investing in unlisted stocks to increase the flow of risk money into young companies, hoping to lift the country higher in global rankings of multibillion-dollar startups.

The Japan Securities Dealers Association confirmed the initiative at a working meeting Thursday, with Vice Chairman Manabu Morimoto saying the body is "responding to societal needs."

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more