TechnologyAsia

Deals for Startups Reach Record in Japan Before Listing Curbs

FacebookXLinkedInEmailLinkGiftExpand

The Tokyo Stock Exchange in Japan.

Photographer: Shoko Takayasu/BloombergFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Min-Jeong Lee and Natsuko KatsukiOctober 20, 2025 at 9:00 PM UTCBookmarkSave

A plan to cull the smallest listings on the Tokyo Stock Exchange is spurring a record number of buyouts of young companies in Japan, reflecting Tokyo’s push to create more billion-dollar startups to better match the country’s global standing in scientific research.

Regulators are ratcheting up pressure on startups to gain more scale before debuting on the stock market, warning that the TSE will seek to delist Bloomberg Terminalcompanies that fail to reach a market value of at least ¥10 billion ($66 million) within five years of going public, starting 2030. More than 60% of the roughly 600 companies on Tokyo’s Growth Market for young companies fall below that threshold, representing some $12 billion of value.

Source: Original