Discussions have begun at the Ministry of Finance's council to sell the shares of Tokyo Metro held by the government.
The proceeds from the sale will be used to finance reconstruction after the Great East Japan Earthquake.
The government owns 53% of the shares of Tokyo Metro and Tokyo holds 47% of the shares, but it has been decided to sell them and privatize them completely.
Discussions on the sale of shares began at the Finance System Council of the Ministry of Finance held on the 8th.
The Ministry of Finance will decide concretely when and how to sell it.
Tokyo Metro's net assets are approximately 640 billion yen, and if this is regarded as corporate value, the final sale of the country is expected to be more than 300 billion yen.
The proceeds from the sale will be used to finance reconstruction after the Great East Japan Earthquake.
Regarding the sale of Tokyo Metro shares, the Ministry of Land, Infrastructure, Transport and Tourism's council said in July that the number of shares to be sold should be halved for the time being, and that the government and the capital should maintain the state of supporting management such as the extension business of the subway. increase.