IPOs plunge 70% on TSE's Growth market as tighter standards loom

Tokyo bourse aims to weed out small listings to draw more global money

20250926N JPX

Japan Exchange Group is raising the standards for companies to stay listed on the Tokyo Stock Exchange's Growth market. © Reuters

Nikkei staff writers

TOKYO -- Initial public offerings on the Tokyo Stock Exchange's startup-focused Growth market dropped roughly 70% on the year in the six months to September ahead of tougher requirements meant to make it more competitive.

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