SGX-Nasdaq Dual-Listing Bridge: A New Paradigm for Cross-Border Listings
Noriko Nirei
Dec 6, 2025
Starting with English disclosures of quarterly financial information A Nikkei article on March 15, 2019 caught our attention. “Tokyo Stock Exchange to reduce first section listings by 30% – Market cap requirement to be raised and English disclosures mandated” https://asia.nikkei.com/Business/Markets/Tokyo-Stock-Exchange-to-reduce-first-section-listings-by-30 There is an ongoing deliberation at the Tokyo Stock Exchange to reduce the number of …
Quantum Accounting Inc. is pleased to announce that it has joined “J-Startup,” a startup nurturing support program promoted by the Ministry of Economy, Trade and Industry (METI), as a supporter. J-Startup is a venture support program launched by METI in 2018 with the goal of creating startup companies that can compete and win globally, and …
On December 24, 2018, Takeda Pharmaceutical Co., Ltd. was listed on the NYSE. In conjunction with this event, we have updated our “U.S. Securities Market Guide Part 1: NYSE Listing by Japanese Companies.” https://quantum.accountants/ja/usipo_series1/
Wishing Everyone a Happy New Year! May all your dreams, wishes, and KPI targets come true. Quantum Accounting Team, Tokyo 2019
Please note that the original article is in Japanese. The following is a summary of its content. Nasdaq’s Mission and Strategy in Japan This article summarizes an interview with Mr. Mikio Sugihara, Nasdaq’s Japan Representative, on the exchange’s activities in Japan and the appeal of a Nasdaq listing for Japanese companies. Nasdaq’s Tokyo office, established …
Disclosure Rules for Executive Compensation in Japan Sparked by the controversy surrounding Mr. Carlos Ghosn’s compensation, disclosure requirements for the details and determination methods of executive compensation in Japan are set to be expanded. In Japan, a rule was introduced for fiscal years ending in or after March 2010, requiring listed companies to disclose the …
Pepper Food Service, the operator of Ikinari! Steak, which had filed for a Nasdaq listing with the SEC on September 3, 2018, has successfully received approval and was listed on Nasdaq on September 28. This makes it the third currently listed Japanese company on Nasdaq, following IIJ and Fronteo. The most recent Nasdaq listing by …
Please note that the original article is in Japanese. The following is a summary of its content. IASB Reconsiders Mandatory Goodwill Amortization The Nikkei recently reported that the International Accounting Standards Board (IASB), which sets IFRS, has begun discussions to mandate the amortization of goodwill. According to the article, IASB Chairman Hans Hoogervorst stated that …
Please note that the original article is in Japanese. The following is a summary of its content. Japan’s Governance Baseline for Listed Companies Under Japan’s Company Act, companies that are both “Large Companies” and “Public Companies” must adopt one of three robust governance structures. A Japanese venture company listing on Nasdaq will become a “Public …
BlockChainJam A Day to Glimpse the Future, One Step Ahead BlockChainJam 2018 is an event designed to help attendees experience blockchain as a “technology that will create the future.” The event will feature a distinguished lineup of speakers, including leading blockchain researchers and members of various blockchain projects. They will explain the fundamentals of blockchain—what …
