Events

・Previous Events

28th Jan 2025
Palace Hotel Tokyo

STJ’s third IPO conference was held on 28th January 2024 at the Palace Hotel Tokyo. This is the only independent IPO conference in Japan. The conference was very well attended. It covered the latest developments including:

S-1 Method – Guest speaker: Katsumasa Suzuki of MORI HAMADA
・Why is it so important? It enables full disclosure to investors before the IPO price is set
・Why does STJ have a remarkable 100% success record in Europe – all the IPOs launched by STJ over 15 years have successfully listed. ・What are the key elements of Investor education in Europe?
・What remains to be done?

1st Sept 2017
Palace Hotel Tokyo

STJ’s second IPO conference was held on 1st Sep at the Palace Hotel Tokyo. This is the only independent IPO conference in Japan. The conference was very well attended. It covered the latest developments including:

What is Pilot fishing/ Pre- Hearing / test the water/ Price discovery?
Why is it so important? Because the supply and demand in this institutional tranche prices the IPO.
When can it be done? What are the restrictions? What are the developments and why aren’t they all being used?

14th Dec 2016
Palace Hotel Tokyo
Topics:
International IPO practice vs Japanese practice

6 main issues with Japanese IPOs:
1. Lack of investor education
2. Lack of price discovery
3. Illiquid institutional tranche sizes
4. “regulated” allocations
5. Lack of interest from institutional investors
6. Lack of transparency

These issues were likened to “chicken and egg” in terms of the causes.
The event was attended by all the main participants and it is believed to be the only such forum which brings together all the participants.