The Tokyo Stock Exchange has approved the listing of Tokyo Metro in its Prime Market. The listing date is October 23, with the code being 9023.
The indicative price range will be decided on October 7, with the book-building period running from October 8 to October 11. The offering price will be determined on October 15, with the subscription period scheduled from October 16 to October 21. The Minister of Finance and Tokyo Metropolitan Government will sell 290.5 million shares.
The performance forecast for the fiscal year ending March 2025 anticipates operating revenue to be 407.5 billion yen, operating profit to be 88 billion yen, net profit to be 52.3 billion yen, and a dividend of 40 yen per share.
A shareholder benefits program will be introduced, issuing subway passes and coupons for related facilities to shareholders who own two units (200 shares) or more.
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