Japan stock exchange chief says reforms are cutting down ‘aimless’ listings

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Financial Times 3d ago

Japan stock exchange chief says reforms are cutting down ‘aimless’ listings - Financial Times

Quick Summary:

JPX is updating the list monthly and has canvassed investors about the measures companies have taken in order to build a playbook for others to emulate.

At the end of June, 1,335 of the 1,643 companies listed on the exchange’s most prestigious section have complied with its request to outline plans to raise their valuations.

The exchange’s campaign has helped, along with a weak yen and investors choosing Japan over China due to geopolitical tensions, to lift the country’s benchmark stock index above its bubble-era peak set in the late 1980s.