Tokyo Stock Exchange seeks Asian unicorns to revive foreign listings

14 overseas companies picked to receive advisory support for Japan IPOs

20241010N Tokyo Stock Exchange REUTERS

The number of foreign firms listed on the Tokyo Stock Exchange fell from 127 in 1991 to just six in 2023. © Reuters

SHIKO UEDA and KENYA AKAMA, Nikkei staff writers

TOKYO -- The Tokyo Stock Exchange has chosen more than a dozen promising Asian startups for a program that offers support for initial public offerings, looking to reverse a steep decline in listings by foreign companies.

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