Primelisted9023

Tokyo Metro Co.

東京地下鉄

Transportation · Listed 2024-10-23

Price Overview

Offer Price

¥1,200

Range: ¥1,100–¥1,200

First Day Open

¥1,630

First Day Close

¥1,739

Current Price

¥1,668

Post-IPO Returns

1st Day

—

30d

—

90d

—

180d

—

52W High

¥1,712

52W Low

¥1,569

Avg Volume

3,204,490

Business Description

Tokyo Metro operates 9 subway lines covering 195 km across central Tokyo, serving approximately 6.5 million passengers daily. The company also derives revenue from real estate development around major stations.

Risk Factors

Natural disaster risk (earthquakes) affecting infrastructure
Population decline in Tokyo suburbs reducing ridership
Large capital expenditure requirements for aging infrastructure maintenance

Offering Details

Lead UnderwriterNomura Securities

Bookbuilding2024-10-08 – 2024-10-11

Shares (Koubo)0

Shares (Uridashi)290,000,000

Overallotment43,500,000

Lock-up

Typeperiod

Period180 days