IPOAverage reaches $193m as new listing standards weed out smaller debutsStartups on the Tokyo exchange have struggled to grow and mature into larger-cap companies. (Photo by Shintaro Ino)RYUTA MINAMIHATAAugust 30, 2026 01:21 JSTTOKYO -- Initial public offerings of startups on the Tokyo Stock Exchange are becoming larger, reaching an all-time high in terms of average market capitalization in the first eight months of 2026.Read NextEquitiesJapan greenlights new trading platform for unlisted sharesIPOJapan ride-hailing app Go races toward robotaxis after successful IPOStartupsSeed-stage startup funding in Japan sinks 40% as investors grow selectiveFinanceJapan brokerages set sights on US mega-IPOs after strong SpaceX debutEquitiesMajority of Tokyo Growth stocks below market cap cutoff as deadline nearsStartupsJapan to expand support for post-IPO startups in AI, roboticsMarketsFewer Asian companies list in US, but IPO proceeds outpace last yearTrading AsiaIndonesia's IPO market stalls as quality reforms deter potential issuersLatest on IPOIPOShein launches IPO at valuation of up to $27bn, far below past figureIPOYMTC parent seeks $4.9bn Shanghai IPO on AI memory boomIPOFrom Vietnam to Malaysia, Southeast Asian IPOs haul in $3bn in first half