TOKYO -- The Tokyo Stock Exchange will ease requirements for promotion to its main market as early as next year, Nikkei has learned, a controversial move that goes against an ongoing debate to tighten listing standards.
Under the proposed new rules, to be announced as soon as this month, a company would need only two years of auditor-approved financial reports to move from the exchange's second section to the first section, against the current requirement of five years' filings.
