Measures to Enhance the Functionality of the TOKYO PRO Market
Based on discussions at the Council of Experts Concerning the Follow-up of Market Restructuring, Tokyo Stock Exchange (TSE) is positioning the TOKYO PRO Market (TPM) as a market to accommodate the diverse needs of companies to utilize the space between the unlisted and public markets, and is actively working to enhance its functionality to this end.
| Future Direction of the TOKYO PRO Market (Published April 3, 2026) |  |
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For details on the discussions at the “Council of Experts Concerning the Follow-up of Market Restructuring,” please see the following link:
Disclosure of Listing Objectives for the TOKYO PRO Market
In April 2026, TSE requested all listed and newly listing companies on TPM to disclose their objectives for listing on this market. This disclosure of listing objectives (reasons for listing on TPM, how they would like to use TPM) aims to help each company meet its needs with support from investors and stakeholders. Starting July 2026, TSE plans to publish a list of companies that have made this disclosure.
| Request for Disclosure of Listing Objectives for the TOKYO PRO Market (Published April 3, 2026) | |
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| List of Disclosing Companies (scheduled to be published from July 2026) (Japanese only) | - |
Support for Companies Listed on the TOKYO PRO Market
Going forward, in collaboration with market stakeholders, TSE intends to support TPM-listed companies as they prepare to aim for significant growth after listing on the public market. Further details will be provided at a later date.