Tokyo Stock Exchange's reform push leads to record delistings

TOKYO -- Companies are delisting from the Tokyo Stock Exchange at a record pace, as one after another are acquired or go private against the backdrop of market reforms aimed at boosting corporate value and share prices.

A total of 31 companies have delisted or are scheduled to delist from the TSE Prime, Standard and Growth markets in January to March, up from 29 during the same period last year. That is almost one-third of the 94 companies that delisted in full-year 2024, which was the most since 2013, when the TSE merged with the Osaka Securities Exchange.