Japanese companies depart Tokyo Stock Exchange at unprecedented speed
Japan's Tokyo Stock Exchange is seeing an all-time high in companies leaving—59 have already exited or plan to by mid-2025, and that's on track to break last year's record.
Why this matters
If you're curious about how markets change, this is a big deal.
The TSE is raising the bar for listed companies, pushing them to improve profits and governance.
Companies that can't keep up are merging, getting bought out, or going private—so the market might shrink in numbers but get stronger overall.
What's driving the trend?
Since 2022, stricter rules mean companies must meet higher standards or face delisting by 2026.
Add rising costs of staying public and more activist investor pressure, plus government policies making buyouts easier.
Big names like NTT buying its own subsidiary show how much things are shifting toward consolidation.