Japan Deal Drought Cuts IPO Fundraising to Lowest in 14 Years

(Bloomberg) -- Fundraising through initial public offerings in Japan is drying up, in contrast to a dealmaking boom across Asia, after regulatory changes and a dearth of artificial intelligence related companies depleted up the listings pipeline. The number of first-time offerings fell to 32 through the end of September, the lowest nine-month tally since 2012, according to Bloomberg-compiled data. Companies including taxi app provider Go Inc.

Fundraising through initial public offerings in Japan is drying up, in contrast to a dealmaking boom across Asia, after regulatory changes and a dearth of artificial intelligence related companies depleted up the listings pipeline.

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