In today’s briefing:
- Raising the Quality of Listed Companies Is Quite Challenging for the Nagoya Stock Exchange

Raising the Quality of Listed Companies Is Quite Challenging for the Nagoya Stock Exchange
- Among companies failing the listing criteria for Standard Market and Growth Market, many that cannot meet 1 billion yen tradable shares market capitalization criteria will migrate to Nagoya Stock Exchange.
- These companies failed to grow market capitalization. For these companies, the purpose of going public may have been to increase their visibility and credibility than to achieve growth after listing.
- Companies migrating from TSE to other markets face a significant hurdle in achieving growth and improving corporate governance to enhance management transparency, especially when institutional investor engagement is lacking.

