• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

Japan’s securities industry group to review IPO price-setting process

September 15, 2021 by David Barret Leave a Comment

September 15, 2021

TOKYO (Reuters) – A Japanese brokerage industry group said on Wednesday it would review the process for setting the price of initial public offerings (IPO), responding to criticism from startups that IPO prices have often been too low and surged on market debuts.

The Japan Securities Dealers Association said it would set up a panel consisting of scholars, investors and executives from major brokerage houses and startups this month to review the process.

On the Tokyo bourse’s Mothers market for start-ups, it is common to see wide gaps between IPO prices and prices fetched on debut, which some startups blame on brokerage houses setting IPO prices excessively low.

Brokerage houses say the wide gaps as a result of high volatility in the Mothers market, where share prices of firms with very small market capitalisations tend to swing wildly.

“We hope to examine the process from various perspectives,” Toshio Morita, chief executive of the industry group and the former head of Nomura Holdings’ main securities arm, told a news conference.

He said prices on a firm’s market debut were bound to surge due to tight supply, although he said the process had not been reviewed extensively and more flexibility could be introduced.

(Reporting by Makiko Yamazaki; Editing by Edmund Blair)

Source Link Japan’s securities industry group to review IPO price-setting process

David Barret
David Barret

Related posts:

  1. Amagi tunes into $100M for cloud-based video content creation, monetization
  2. China’s factory inflation hits 13-year high as materials costs soar
  3. Former Giuliani associate Igor Fruman pleads guilty in campaign finance case
  4. U.S. House committee moves to block Rio Tinto’s Resolution mine

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • Wondrous And Worrying Sights: What Explorers Discovered At The Bottom Of The Great Blue Hole
  • What’s The Biggest Volcano In The World? It Depends How You’re Measuring
  • “Every Species On The Planet Self-Medicates In Some Way”: How Wild Animals Use Medicine
  • Deepest Complex Ecosystem Ever Discovered 10 Kilometers Below The Sea, 892-Kilometer “Megaflash” Lightning Sets New World Record, And Much More This Week
  • The Life And Death Of David Vetter, The Boy Who Lived His Whole Life In A Bubble
  • Time’s Arrow Within Glass Appears To Go Both Ways, Raising Huge Questions
  • World’s “Oldest Baby” Born From Embryo Frozen In 1994 In New World Record
  • What Can Spain’s “Tunnel Of Bones” Tell Us About The Fate Of Human Species On The Brink Of Extinction?
  • Rhino Horns Go Radioactive As Anti-Poaching Project Gets Off The Ground
  • Manta Rays Officially Get Third New Species – 15 Years After First Suspected
  • “Space Hurricanes” Are Happening At Earth’s Poles – And They Can Affect GPS Signals
  • There Is A Crucial Reason Why We Will Never See The Big Bang Directly With Our Telescopes
  • How Does An MRI Machine Work?
  • Catch A Glimpse Of One Of The World’s Rarest Sharks In Dreamy New Footage
  • A One-Shot Vaccine For HIV Might Actually Be On The Cards
  • Chikungunya Virus Is Spreading In China: As CDC Considers Travel Advisory, Here’s What To Know
  • First-Of-Its-Kind Vagus Nerve Implant Gets FDA Approval As A Therapy For Rheumatoid Arthritis
  • First Time Crystal Made Of “Exotic” Giant Atoms 1,000 times Larger Than Hydrogen
  • Prehistoric Humans Began Eating Tubers 700,000 Years Before Our Teeth Evolved To Do So
  • The World’s Oldest Wild Bird “Surprised” Everyone With A Hatched Chick At 74
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version