Market Chatter: Average Market Cap of Japanese Startup IPOs Hits All-Time Peak
The average market capitalization of startup IPOs in the Tokyo bourse rose 60% year over year to a record 30.9 billion yen for the first eight months of 2026, Nikkei Asia reported Sunday.The average is also up 60% compared to the average from 2013 to 2025, the report said.The IPOs include ride-hailing platform Go (TYO:581A) with a market capitalization exceeding 150 billion yen and autonomous driving technology company Tier IV (TYO:593A) at 64.4 billion yen, the report said.The average time from a company's founding to its IPO is 15 years, more than the usual 12 to 13 years, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)