On Jul. 7, TSE updated standards of conduct that firms should follow.
TSE made amendments to the Securities listing regulations, to ensure that the framework of the Guidelines on fair M&A practices function more effectively.
The amendments involve necessary updates to the standards of conduct that firms should follow in cases such as MBOs and full acquisitions by controlling shareholders.
Require listed companies to establish an appropriate investor relations (IR) system.
The amended Securities listing regulations will be implemented from Jul. 22, 2025.
Follows JPN METI Nov. 2018 launched a study group on fair mergers, see #49585.
