Update : Aug. 14, 2013
Listing offers a variety of benefits to corporations, including access to diverse fund-raising methods, enhanced social credibility and recognition, the ability to secure excellent human resources, improved employee morale, and sound internal management. These benefits extend even when business conditions are difficult, and many companies view listing as an important tool for growth.
In order to properly fulfill the functions of a securities market, enhance listed company value, and improve international competitiveness, Tokyo Stock Exchange has conducted comprehensive revisions to the listing rules, including amending those for the Mothers market in 2011 and the 1st/2nd Sections in the following year.
On July 16, 2013, we completed a successful cash equity market integration with Osaka Securities Exchange. Following the integration, we now offer 5 markets: the TSE 1st Section, 2nd Section, Mothers, JASDAQ, and TOKYO PRO Market.
We will continue to strengthen our support for prospective listings, and look forward to welcoming you to the TSE market.
Through the primary market and share liquidity, listed companies are able to gain access to direct financing via means such as public offerings or the issuance of subscription warrants and convertible bonds. Such expanded fund raising capabilities allow listed companies to streamline and diversify their plans for growth.
Becoming a listed company offers increased opportunities of exposure in stock price columns and newspaper articles, which improve the recognition of your company and increase chances to secure excellent human resources.
By disclosing corporate information, listed companies open themselves to the scrutiny of investors and other third parties, leading to organized corporate operations and enhanced internal management systems. Additionally, the motivation of officers and employees will improve due to being part of a public company.