Japan’s Kishida Calls for IPO Rethink in New Capitalism Drive
- Panel report says listing system isn’t kind to entrepreneurs
- Says SPACs should be considered to help startups get funding
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Prime Minister Fumio Kishida called for a shakeup of the initial public offering process to better serve startups as Japan’s new capitalism panel released its recommendations ahead of a stimulus package.
In a 21-page document that came out Monday, the panel pointed to some of the themes likely to feature in the package of economic measures promised by the premier later this month.