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IPOs almost flat at 41 in first half

Jiji Press TOKYO (Jiji Press) — The number of initial public offerings in Japan was nearly flat at 41 in the first half of 2019, up one from a year before, Japan Exchange Group Inc., or JPX, said Tuesday.

The total amount of money raised by the IPOs decreased by more than half to ¥101.38 billion from ¥260.26 billion.

“Stock listings were active, mainly on the Mothers market,” Hidetoshi Nagata, an official at JPX’s Tokyo Stock Exchange said, referring to the TSE’s market for startups.

“But there were no IPOs valued at ¥100 billion or more,” Nagata said.Speech

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