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Apr. 03, 2026 TSE Request for Disclosure of Listing Objectives for 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 considering measures to enhance its functionality.

As part of these efforts, TSE has requested all companies currently listed on TPM, as well as newly listing companies, to disclose their objectives for listing on the TOKYO PRO Market.

Through this initiative, companies are requested to disclose their listing objectives (reasons for listing on TPM, how they would like to use TPM) so that they may meet their respective needs with support from investors and other stakeholders. Starting July 2026, TSE plans to publish a list of companies that have made such disclosures.