Tokyo Metro ends first day of trading 45% above IPO price

Subway operator is the biggest listing since a SoftBank unit went public in 2018

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The Tokyo subway operator aims to take advantage of its position as a provider of vital infrastructure for the city of 14 million people. (Photo by Ken Kobayashi)

MITSURU OBE and AKANE OKUTSU, Nikkei staff writers

TOKYO -- Tokyo Metro on Wednesday embarked on a journey to transform from a public service provider into a potentially hot ticket for investors, with its shares soaring 45% on the day they debuted on the Prime section of Japan's main bourse.

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