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Bloomberg Television

Japan’s train lovers are snapping up Tokyo Metro shares #bloomberg 🤪

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to buy or not to buy Tokyo Metro’s public listing is Japan’s biggest IPO since 2018 with a sale of 50% of his shares raising as much as $2.3 billion the railway operator is jointly owned by the Central and Tokyo Metropolitan government and Carries more than 6 and a half million passengers a day in the world’s biggest metropolitan area and it set its sights on individual investors promising perks like train tickets free tempora and entry to a golf range to those who buy the shares reflecting a desire to draw in those retail investors as Japan emerges from Decades of deflation Japanese companies are navigating corporate governance reforms Rising shareholder activism and increased m&as but are investors sold shareholder perks programs in Japan often get criticized because they can be difficult to actually access

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