New JPX IPO - Tokyo Metro Co.,Ltd. (9023) - Wed 23 Oct 2024

Company Profile
Company Name: Tokyo Metro Co.,Ltd.
Scheduled Listing Date: Wed, Oct. 23, 2024
Market Section: Prime Market
Representative: YAMAMURA Akiyoshi, President
Address of Main Office 3-16-6 Higashiueno, Taito-ku Tokyo, 110-8614
Tel. +81-3-3837-7022
Website: https://www.tokyometro.jp/lang_en/index.html
Date of Incorporation: April. 1, 2004

Description of Business
1. Operating and managing passenger railway business
2. Operating and managing urban design & lifestyle creation
businesses
・Retail-related Business (Management of shops in the stations and other commercial facilities, etc.)
・Real estate Business (Developing office buildings for rent, etc.)
・Information and Communications Business (Leasing optical fiber cable, etc.)

Expected IPO price: Around 1,200 yen
Ticker: 9023
Expected market capitalisation: 640 billion yen (4.5 billion dollars)
Major shareholders: Japan's central government 53.4%, Tokyo government 46.6%

Note: Both major shareholders will sell half of their stakes to raise about 2.25 bil dollars to fund reconstruction work in northeastern Japan hit by the March 2011 earthquake and tsunami.

Comments

Post a Comment

Popular posts from this blog

Yang Mi's young daughter Xiao Nuomi with Hawick Lau cute as her mother; turns down 50 mil offer for appearance

Image
Chinese actress Yang Mi's has recently been spotted bringing her daughter Xiao Nuomi (11) with ex-husband Hawick Lau to her school in Hong Kong. The doting mother has exerted great efforts to protect her daughter from the paparazzi. There was ever a variety show who offered her 50 million yuan to have her daughter featured on the show but she turned it down to protect her daughter's privacy. Besides, Yang Mi is also not short of money from her years of success in showbiz.
Read more

Yao Ming's 2m tall daughter Amy Yao Qinlei growing into giant at 15; overtakes wife Ye Li

Image
Yao Ming (birthday, September 12, 1980, 44) is a Chinese basketball executive, former NBA professional player and one of China's best known athletes internationally. In April 2016, Yao was elected into the Naismith Memorial Basketball Hall of Fame, alongside Shaquille O'Neal and Allen Iverson, becoming the first Chinese national to be inducted into the Hall of Fame. Yao Ming married fellow female basketball player Ye Li (43), the only lady he has ever dated on earth, on 6 Aug 2007. Husband and wife delivered baby daughter, Amy Yao Qinlei on 21 May 2010 in Houston, Texas. At 15 years old, Amy Yao Qinlei has an American citizenship is already 1.94m and still growing, currently standing around her father's shoulders, she was last spotted in Jun 2025 at the airport with her father Yao Ming. She is more introverted compared to her parents and will likely not be a professional athlete as she exhibits great intelligence and is very good in her studies. Her parents will give her th...
Read more

Nikkei drops 0.50% on technical retracement; BOJ keeps rates unchanged - Thu 31 Oct 2024

Image
Nikkei225 Summary Thu 31 Oct 2024 - Japan’s Nikkei drops 0.50% due to a technical retracement after 3 days of gains. The BOJ has decided to keep interest rates unchanged at 0.25% in view of policy uncertainties under a new US president after 5 Nov. Nikkei225  39,081.25 (-196.14 -0.50%) 109 up 111 down 5 flat Topix  2,695.51 (-8.21 -0.30%) REIT    1,682.36 (-5.52 -0.33%) JGB 10YR  0.941% (-0.0114)             USD/JPY  151.99 (-1.44 -0.94%) Crude Oil  70.39 (+1.78 +2.59%)      Top Performers Mitsubishi Motors Corp.     ¥460.00 (+39.10 +9.29%) - automotive Tokyo Gas Co. Ltd.     ¥3,769.00 (+237.00 +6.71%) - utility DeNA Co. Ltd.     ¥1,886.00 (+117.50 +6.64%) - games & ecommerce Bottom Performers M3 Inc.     ¥1,585.50 (-248.00 -13.53%) - online medical services Kyocera Corp.   ...
Read more