Overview of IPO
Listing Schedule
Depending on the internal systems of the company, it takes about one year from kick-off to listing. Note that the company needs to be audited for two business years.
Listing Examination Schedule
When a foreign company files an application for listing on TSE, the listing examination will require about three months. After listing approval by TSE, about one month will be required for public offering procedures (the IPO). An applicant therefore needs four months, as a rule, from the listing application date to the first day of listing.
- Regarding TOKYO PRO Market, the applicant company is required to file a listing application by at least 10 business days prior to the desired listing approval date.