TOKYO -- Even as the Nikkei Stock Average reaches multidecade highs, some Japanese startups are looking overseas for their initial public offerings in search of investors more open to pushing the envelope.
Cautious investors and brokerages hamper new domestic listings

Syla Technologies decided to list on the Nasdaq instead of the Tokyo Stock Exchange after struggling to drum up interest among Japanese investors. (Photo courtesy of Syla Technologies)
TOKYO -- Even as the Nikkei Stock Average reaches multidecade highs, some Japanese startups are looking overseas for their initial public offerings in search of investors more open to pushing the envelope.