Market News

Jul. 01, 2026 TSE Publication of the “List of Companies Disclosing Their Listing Objectives for the TOKYO PRO Market” and the “Introduction to J-Advisers on 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 has been advancing initiatives to enhance its functionality.

As part of these efforts, on April 3, 2026, TSE requested all existing and newly listed TPM companies to disclose their listing objectives through the publication of the “Request for Disclosure of Listing Objectives for the TOKYO PRO Market.” Today, TSE has begun publishing a list of companies that have disclosed their listing objectives in response to this request. This list will continue to be updated on a monthly basis for the foreseeable future.

In addition, J-Advisers have long played an important role on TPM by conducting assessments of companies’ suitability for listing and providing guidance and advice after listing. In recent years, J-Advisers, with their diverse backgrounds and expertise, have also been expected to serve as trusted partners supporting TPM-listed companies in achieving their listing objectives. In this context, TSE has also published the “Introduction to J-Advisers on the TOKYO PRO Market,” which provides information on the areas of expertise and strengths of each J-Adviser.

Furthermore, on July 2, TSE will hold a “Growth Seminar for TPM-Listed Companies Looking Beyond a Public Market Listing” at TSE Hall. As many TPM-listed companies aim to pursue a listing on a public market, the seminar is intended to help companies prepare not only for a public market listing but also for growth thereafter. Representatives of companies that have transitioned from TPM to a public market, lead underwriter securities companies, and institutional investors will share key points and considerations from their respective perspectives.

TSE will continue to work closely with market participants to support TPM-listed companies in achieving their listing objectives and to further promote the effective utilization of TPM.