Izawa Towel Co., Ltd. (Head office: Shibuya-ku, Tokyo; President and CEO: Masashi Izawa; hereinafter "the Company") is pleased to announce that Tokyo Stock Exchange, Inc. (hereinafter "Tokyo Stock Exchange") has approved the initial listing of the Company's shares on the Tokyo Stock Exchange Standard Market today.
The company plans to list on the Tokyo Stock Exchange Standard Market on Friday, June 20, 2025, after which its shares will be available for trading on the exchange.
We are pleased to report this news to you and would like to express our sincere gratitude to all our stakeholders who have supported us since our founding.
Since our founding in 1970, we have always put the consumer's perspective first and have continued to focus on the comfort of towels, an everyday item. With a vision of creating a global standard for towels, we have expanded our operations from Osaka to Tokyo and then to the world.
We sincerely hope for your continued support.
For details regarding new listing approvals, please refer to the "New Listing Company Information" page on the Japan Exchange Group's website.
Japan Exchange Group "New Listing Company Information" website:
https://www.jpx.co.jp/listing/stocks/new/index.html
Notice regarding approval of new listing (PDF)
◼️Caution
This document is a press release for public announcement and has not been prepared for the purpose of soliciting investment or engaging in any similar activities, whether in Japan or overseas. When making an investment, investors are advised to make their own decisions after reading the "Stock Offering Registration Prospectus" (and any amendments) prepared by our company. In addition, this document is not a solicitation for the sale of securities in the United States. Securities may not be offered or sold in the United States unless registered under the Securities Act of 1933 or an exemption from the registration requirements is obtained. In addition, no offering of securities will be made in the United States in relation to this matter.
*For requests for the "Share Offering Prospectus" (and any amendments) or inquiries regarding the application method, please contact the securities company listed below.
Lead underwriter:
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., Morgan Stanley MUFG Securities Co., Ltd., SBI Securities Co., Ltd.
Other securities companies:
SMBC Nikko Securities Inc., Nomura Securities Co., Ltd., Aizawa Securities Co., Ltd., Iwai Cosmo Securities Co., Ltd., Tokai Tokyo Securities Co., Ltd., Matsui Securities Co., Ltd.