The Tokyo Stock Exchange's reforms are insufficient to attract funds from overseas investors and invigorate the market. Stricter listing criteria will be necessary in order for the TSE to be a market that can drive corporate growth.
The TSE has announced the selection of the new market segments for its 3,777 listed companies that will come about when restructuring occurs in April.
The First Section, Second Section, Jasdaq and Mothers are being restructured into three new segments.