Prime Market
E720726
Prime Market is the Tokyo Stock Exchange’s top-tier market segment for large, highly liquid companies that meet the exchange’s most stringent listing and governance standards.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
securities market
ⓘ
stock market segment ⓘ |
| abbreviation | TSE Prime NERFINISHED ⓘ |
| comparedTo |
Growth Market
ⓘ
Standard Market NERFINISHED ⓘ |
| country | Japan ⓘ |
| effectiveFrom | 2022-04-04 ⓘ |
| focus |
companies meeting advanced governance practices
ⓘ
companies with global investor base ⓘ |
| governanceCode | Japan’s Corporate Governance Code NERFINISHED ⓘ |
| hasListingCategory |
ETFs
ⓘ
REITs NERFINISHED ⓘ domestic stocks ⓘ foreign stocks ⓘ |
| introducedInReform | Tokyo Stock Exchange market restructuring of 2022 NERFINISHED ⓘ |
| languageOfOperation |
English
ⓘ
Japanese ⓘ |
| launchDate | 2022-04-04 ⓘ |
| listingCriteria |
enhanced disclosure requirements
ⓘ
high liquidity ⓘ large market capitalization ⓘ minimum market value of tradable shares ⓘ minimum number of shareholders ⓘ stringent corporate governance standards ⓘ tradable share ratio requirements ⓘ |
| locatedIn | Tokyo ⓘ |
| marketTier | top-tier segment ⓘ |
| operator | Tokyo Stock Exchange NERFINISHED ⓘ |
| parentOrganization | Tokyo Stock Exchange NERFINISHED ⓘ |
| partOf | Tokyo Stock Exchange cash equity markets NERFINISHED ⓘ |
| predecessorSegments |
First Section
ⓘ
JASDAQ Growth NERFINISHED ⓘ JASDAQ Standard NERFINISHED ⓘ Mothers ⓘ Second Section ⓘ |
| purpose |
attract global institutional investors
ⓘ
enhance corporate governance in Japan ⓘ improve market liquidity ⓘ |
| regulator | Japan Exchange Group NERFINISHED ⓘ |
| replaced | First Section of the Tokyo Stock Exchange NERFINISHED ⓘ |
| requires |
dialogue with shareholders
ⓘ
enhanced board oversight ⓘ independent outside directors ⓘ timely disclosure of corporate information ⓘ |
| segmentLevel | highest ⓘ |
| segmentType | equity market segment ⓘ |
| supervisingAuthority | Financial Services Agency of Japan NERFINISHED ⓘ |
| tradingCurrency | Japanese yen NERFINISHED ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.