TOKYO -- The amount of capital raised by Japanese companies via foreign equity financing jumped about 30% last fiscal year to 2.3 trillion yen ($14.9 billion), as progress on governance reform attracted deep-pocketed international investors.
Businesses seeking growth funds tap enthusiasm for governance reform
The Charging Bull or Wall Street Bull is pictured in New York City. Japanese companies are raising more capital from flush overseas investors. © Reuters
TOKYO -- The amount of capital raised by Japanese companies via foreign equity financing jumped about 30% last fiscal year to 2.3 trillion yen ($14.9 billion), as progress on governance reform attracted deep-pocketed international investors.