Tokyo Metro, Rigaku set stage for $3b Japan IPOs as listings gather pace

Tokyo Metro, Rigaku set stage for $3b Japan IPOs as listings gather pace

Tokyo. Photo by Pixabay

Japan’s Tokyo Metro and Rigaku on Friday kicked off the processes to launch a combined $3.1 billion in initial public offerings (IPOs) next month, according to term sheets, as the local capital markets emerge as a global hotspot for investors.