Glossary · Japan
TOKYO PRO Market
Definition
A Tokyo Stock Exchange board for professional investors only, with lighter listing requirements than the main market — used by smaller and growth-stage Japanese companies as a stepping-stone listing venue.
Why it matters for a secondary
It's a real, if narrow, exit and liquidity venue for Japanese growth companies; the exchange operator (JPX) has started publishing which of its ~163 listed companies disclose why they chose to list there, a transparency step relevant to anyone pricing pre-listing shares.
Frequently asked questions
Does "TOKYO PRO Market" apply the same way everywhere in Asia-Pacific?
No. Each market in this glossary has its own regulator, corporate forms, and rules — this term is specific to Japan. Check the linked market page for the fuller picture.
Is this legal or financial advice?
No. This is orientation for investors and allocators, not legal or financial advice. Confirm current rules with a licensed adviser in the relevant market before acting on anything here.