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Japan IPOs Hit 32 First-Time Offerings, Lowest Since 2012

By Drooid · Oct 9, 2026, 6:36 AM UTC · How we work

Summary

Story summary

Japan’s IPO market fell to 32 first-time offerings through September, the lowest since 2012.
Go Inc. raised $607 million, the largest Japanese IPO of 2023.
Tokyo Stock Exchange will raise the Growth Market value threshold to ¥10 billion after five years, effective 2030.
DG Ventures’ Keith Yuki Isobe warned capital remains in private AI rounds, leaving Japan behind AI-driven IPOs.

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Story summary

Japan’s IPO market fell to 32 first-time offerings through September, the lowest since 2012.
Go Inc. raised $607 million, the largest Japanese IPO of 2023.
Tokyo Stock Exchange will raise the Growth Market value threshold to ¥10 billion after five years, effective 2030.
DG Ventures’ Keith Yuki Isobe warned capital remains in private AI rounds, leaving Japan behind AI-driven IPOs.