TOKYO AIM, the previous form of TOKYO PRO Market, was established in June 2009 as a market operated by TOKYO AIM, Inc., which was created as a joint venture between Tokyo Stock Exchange Group, Inc. and London Stock Exchange, based on the provisions for markets for professional investors introduced in the 2008 amendments to the Financial Instruments and Exchange Act.
The objectives of TOKYO AIM were to provide new opportunities for financing and advantages other markets could not offer to companies with growth potential in Japan and Asia, to offer new investment opportunities to professional investors at home and abroad, and to revitalize and internationalize the financial market in Japan. TOKYO AIM worked to realize agile and flexible market management by adopting the J-Adviser System based on the Nomad System of London AIM operated by London Stock Exchange. In July 2012, TOKYO AIM changed its name to TOKYO PRO Market, and since then Tokyo Stock Exchange, Inc. has continued to operate TOKYO AIM based on the original market concept.

TSE’s New Equity Market "TOKYO PRO Market" icon-pdf

Overview of TOKYO PRO Market

Item TOKYO PRO Market
Disclosure English or Japanese
Listing criteria No numerical criteria
Period from listing application to listing approval 10 business days (J-Adviser to express intent before listing application)
Audit period before listing Last 1 year
Internal control report Optional
Quarterly disclosure Optional
Investors Specified investors, etc. (i.e., professional investors)

Please see "New Listing Guidebook" about the listing rule and process of TOKYO PRO Market.

New Listing Guidebook