Living House Listing Application on TOKYO PRO Market
In a significant development, Living House Co., Ltd., with its headquarters in Osaka, has submitted an application for listing on the TOKYO PRO Market. The news was announced today by SBI Securities, which serves as the J-Adviser for Living House. The Tokyo Stock Exchange manages the TOKYO PRO Market, designed to accommodate institutional investors.
The proposed listing date for Living House is set for May 26, 2025. This will mark the first instance where SBI Securities is acting as J-Adviser for a client in this unique market segment. It is important to note that Living House does not plan to conduct any financing in conjunction with its listing on the TOKYO PRO Market.
Overview of Living House’s Application for TOKYO PRO Market Listing
Living House has successfully moved forward with its listing application following guidance from its J-Adviser, SBI Securities. This crucial step followed a thorough examination of the company's eligibility for listing.
Once the necessary approvals are secured from the Tokyo Stock Exchange, Living House expects to solidify its position on the market by the scheduled date in May 2025.
What is the TOKYO PRO Market?
The TOKYO PRO Market stands out due to its flexibility in listing requirements compared to traditional markets. The market is specifically tailored for professional investors, meaning that companies seeking to list are exempt from stringent criteria like shareholder count and profit thresholds usually associated with public listings.
This market has seen a rise in companies opting to list, as it presents an opportunity for increased recognition and trust, serving as a possible stepping stone towards entering broader markets.
Company Profile: Living House
- - Company Name: Living House Co., Ltd.
- - Headquarters: 2-10-8 Minamihorie Nishi-ku, Osaka, Japan
- - CEO: Kosuke Kitamura
- - Established: June 5, 1954
- - Business Focus: Furniture and Interior Design Sales
- - Website: Living House
- - Details on Listing: Tokyo Stock Exchange Listing Information
This potential listing represents a crucial step for Living House as it seeks to expand its market presence and boost its credibility within the investment community. As the company prepares for this new phase, attention will undoubtedly be drawn to how this transition unfolds in the coming months.