The Tokyo Stock Exchange announced 7 new companies and 16 reselected companies, for a total of 23 companies, as eligible for support under the TSE Asia Startup Hub, expanding the scope to 10 countries and regions. The group includes companies with connections to the Japanese market, creating potential partnership opportunities for Japanese companies.
In its announcement on 25 September 2026, the Tokyo Stock Exchange disclosed that 7 new companies and 16 reselected companies, for a total of 23 companies, would be eligible for support under the TSE Asia Startup Hub, expanding the target area to 10 countries and regions. This indicates a path toward supporting business expansion in Japan, collaboration with Japanese companies and fundraising.
The 7 new companies span a wide range of sectors, including jewelry, agricultural products, accommodation, beauty, fashion, cross-border shopping and financial services. Their connections to Japan include cases involving existing operations in Japan and cases involving export transactions to Japan, while some companies regard expansion in Japan as a future challenge. Based on information disclosed by each company, issues requiring explanation in future IPO preparations include the composition of revenue and the organization of business relationships in the Japanese market.
Specifically, IPO preparation issues have been identified according to each company's business characteristics, including companies with connections to Japan such as amondz Lab and Pacifica Retail, TechCoop, which has export transactions to Japan, KONVY and Buyandship, which deliver products to overseas markets, Bobobox, which is considering developing accommodation facilities, and AND Global, which uses financial technology in Mongolia. Japanese companies will consider specific partnership opportunities with these companies, including supply sources, distribution hubs, and the development of systems for financial and legal disclosure.
Eligibility for support is reviewed annually, and the focus is expected to shift to how specifically the new companies develop transactions in Japan and how far existing connections can be expanded. TechCoop's announcement identifies greater exposure to investors and advisers, as well as the development of information disclosure and governance, as challenges, requiring preparations to demonstrate each company's track record and risks to investors.