Daily BriefsEnergy & Materials Sector

Daily Brief Energy/Materials: Chubu Steel Plate and more

In today’s briefing:

  • Chubu Steel Plate (5461) – Unusual TOPIX Inclusion Possibility

Chubu Steel Plate (5461) – Unusual TOPIX Inclusion Possibility

By Travis Lundy

  • Today, Nagoya Premier-listed Chubu Steel Plate (5461 JP) announced that it had applied today to be listed in Tokyo. 
  • It is one of very few Japan names not listed in Tokyo. A TSE listing examination will be conducted, and there is a possibility it moves to TSE Prime.
  • There are 6 key segment transfer and listing requirements to gain a listing in TSE Prime. Chubu Steel Plate is really close.

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