Following a decline in foreign investment in Japan over the
past 12 months, the Tokyo Stock Exchange (TSE) is promoting its
new secondary market – Tokyo Aim – as a venue
for foreign issuers. But the role of advisers will need some
tweaking before anyone lists.
"The aim in starting this project was to help the Japanese
capital markets flourish so that Japan can become an
international financial centre," said Tetsutaro Muraki,
president and CEO of Tokyo Aim...