Tokyo Metro's IPO: A Deep Dive for Potential Investors

Please note: This article is for informational purposes only and is not intended as investment advice. The mention of specific stocks is not a recommendation to buy or sell any securities.

Tokyo Metro Co., Ltd. (TSE: 9023), one of the world’s largest metro companies, is making its debut on the Tokyo Stock Exchange’s Prime Market on October 23, 2024.

As Japan’s most prominent urban transit operator, the company's IPO is drawing considerable attention, especially given its role in shaping Tokyo's infrastructure. But, how does this listing shape up for potential investors, and what does Tokyo Metro offer beyond its core transport services?

Here’s a breakdown of what’s relevant from both a business and investment perspective.

Key IPO Details:

• Bookbuilding Period: October 8, 2024 (00:00) to October 11, 2024 (11:00)

• Tentative Pricing Decision: October 7, 2024

• Shares for Sale:

  • Domestic offering: 232.4 million shares

  • Overseas offering: 58.1 million shares

• Final Pricing Date: October 15, 2024

• Number of Shares to Apply For: 100 shares per lot

• Listing Date: October 23, 2024

Business Overview: