Softbank Subsidiary TSX Listed on October

Japan Exchange Group (JPX) has decided to approve the listing of Softbank Group (SBG) ‘s communications subsidiary Softbank (Tokyo · Port) during October.

Softbank will be listed on the First Section of the Tokyo Stock Exchange in mid-December. Market capitalization is expected to be 7 trillion to 8 trillion yen scale.

SBG will become the largest initial public offering (IPO) this year, as it will raise the 2.5 trillion yen scale by selling it