Friday, 27 September 2024, Japan – Tokyo Stock Exchange, Inc. (TSE) announced the launch of the TSE Asia Startup Hub on March 25, 2024
The TSE Asia Startup Hub aims to create an ecosystem that fosters startup growth, focusing on promising Asian companies with ties to Japan, to support business expansion in Japan and partnerships with Japanese firms. This will in turn support IPOs on TSE as one of the outcomes.
Since the announcement of this initiative, it has highly resonated with the value of this initiative with a wide range of stakeholders, including securities companies, audit firms, banks, law firms, media organizations , and venture capitalists. With 52 organizations from Japan and overseas signing up as partners and four as observers, we have established a comprehensive support system for Asian companies.
In this context, today we have selected 14 companies, including a so-called unicorn, from six countries/regions (Singapore, Taiwan, Republic of Korea, Malaysia, Indonesia, and Vietnam) as companies to be supported (the “Supported Companies”), as shown in the table below. These companies belong to promising industries such as drones, healthcare, AI, IoT, SaaS, fintech, inbound tourism, and content provision, and aim to grow their businesses through expanding dealings with Japanese customers.
Going forward, TSE, together with our partners, will provide support tailored to the needs of the Supported Companies, including business and fundraising assistance in Japan as well as IPO support.
Notes:
- The publication of the TSE Asia Startup Hub Supported Companies (the Supported Companies ””) is not intended to solicit investment in or recommend transactions with the Supported Companies, nor is it a guarantee or approval of the future listing of the Supported Companies on the TSE market , or any matters, including the products and services provided by the Supported Companies.
- TSE plans to carry out a periodic review of the Supported Companies annually.
View the List of the Supported Companies here.
