TOKYO -- The Tokyo Stock Exchange's upcoming reorganization will set tougher standards for its new blue chip market, according to details of the plan released Friday, in a move that the bourse hopes will both reassure global investors and encourage businesses to shape up.
The April 2022 revamp will replace the existing four-section structure -- the first and second sections, the Mothers market for startups, and the tech-focused Jasdaq -- with "prime," "standard" and "growth" markets.
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