Tokyo Metro Makes Strong TSE Debut at 1,630 Yen

Tokyo Metro Makes Strong TSE Debut at 1,630 Yen

   Tokyo, Oct. 23 (Jiji Press)--Tokyo Metro Co. made a strong debut on the Tokyo Stock Exchange's top-tier Prime section Wednesday, fetching the first quotation of 1,630 yen apiece, higher than its initial public offering price of 1,200 yen.
   The subway operator's market capitalization calculated based on the initial quotation came to 947 billion yen. The secondary offering of Tokyo Metro shares made in line with the IPO came to 348.6 billion yen, making it the largest IPO since some 2.6 trillion yen for major mobile phone carrier SoftBank Corp., which debuted on the Prime section in 2018.

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