This time, the number of companies newly listing stocks on domestic stock exchanges is expected to exceed 100 in total, the highest level in 13 years.

Companies that once canceled their new listing due to the effects of the new coronavirus are also listed one after another due to the subsequent rise in stock prices.

On the 16th, a commemorative ceremony was held on the Tokyo Stock Exchange with a new listing of a company that operates fitness gyms nationwide on "Mothers," a market for start-up companies.



The company was originally scheduled to go public in March, but was withdrawn shortly before due to the spread of the new coronavirus.



Atsuyuki Tsuchiya, president of "Fast Fitness Japan," said, "I was relieved to be listed safely."



According to the Tokyo Stock Exchange, the total number of companies newly listed on the domestic stock exchange has increased to 102, which is expected to be the highest level in 13 years since 2007 before the Lehman shock.



Due to the spread of the new coronavirus, 10 of the 18 companies that were temporarily suspended in early spring when stock prices plummeted will be listed by the end of the year.



In the background, stock prices are rising worldwide due to the fiscal mobilization of governments, large-scale monetary easing by central banks, and the expectation that the new coronavirus vaccine will spread steadily.



The new listing of a company is said to be one of the indicators to determine whether the economy is active, but some market participants have pointed out the gap between the stock price and the real economy, and the company meets the expectations of the market. You will be asked if you can make a profit.

Chairman of Japan Stock Exchange Association Expected to increase new listing

Shigeharu Suzuki, chairman of the Japan Securities Industry Association, said at a press conference that the number of companies newly listing stocks on domestic stock exchanges is increasing, "Investing in stocks related to IT-related, DX = digital transformation I'm concentrating. I think that the number of newly listed companies is around 100, which is the best number. "



He pointed out that "in Japan, the scale of each company is small, but as the number of new listings increases, some companies will have a market capitalization of over 100 billion yen," and companies aiming for a new listing of stocks. He expressed his hope for an increase.

Changes in the number of new listings

In Japan, the number of newly listed companies has exceeded 100 every year since 1999, when materials remain on the Tokyo Stock Exchange.



In 2007, a total of 121 companies were newly listed.



However, the situation changed completely due to the Lehman shock in 2008, and only 49 companies were newly listed this year.



The following year, 2009, the number dropped further, with a total of 19 companies.



After that, the number of new listings increased due to the recovery of stock prices due to the effect of the Bank of Japan's large-scale monetary easing measures, but the most recent peak was 98 companies, which did not reach 100 companies. It was.



This year, due to the influence of the new coronavirus, in early spring, market participants said that the number of new listings would definitely be much lower than last year, but as a result, it exceeded 100 companies for 13 years. It is expected to reach the highest level for the first time.

Experts need to be careful about certain evaluations

Experts appreciate the increase in new listings, but point out that it is necessary to pay attention to whether the stock price is higher than the company's ability, saying that it is in a "money surplus" situation now. I am.



Koichi Fujishiro, chief economist at Daiichi Seimei Keizai Kenkyusho, said, "Increasing new listings has a positive effect on promoting the metabolism of industry, and as a result, the Japanese economy is expected to be revitalized." ..



On the other hand, "Now, due to the government's economic measures and the Bank of Japan's large-scale monetary easing, a considerable amount of money is flowing into the stock market. It has been pointed out that stock prices have risen to a relatively high level and are overvalued. It is true, and in the future, the issue will be whether companies can meet market expectations and make a profit. "