Visional Surges in Biggest New Tokyo Listing Since SoftBank
- Operator of Bizreach recruiting platform raised $632 million
- Recent large listings in Tokyo have tended to struggle
This article is for subscribers only.
Human resources firm Visional Inc. surged on its first day of trading on the Tokyo Stock Exchange’s Mothers market in Japan’s biggest new listing in more than two years.
The operator of Bizreach, one of the country’s most popular recruiting platforms for professionals, Visional rose as much as 50% above its 5,000 yen IPO price, which was the top of the indicated range.