Japan Exchange Group’s Post

𝗔𝗲𝗿𝗼𝗱𝘆𝗻𝗲 𝗚𝗿𝗼𝘂𝗽 𝗶𝘀 𝗽𝗮𝗿𝘁 𝗼𝗳 𝗧𝗼𝗸𝘆𝗼 𝗦𝘁𝗼𝗰𝗸 𝗘𝘅𝗰𝗵𝗮𝗻𝗴𝗲 (𝗧𝗦𝗘) 𝗔𝘀𝗶𝗮 𝗦𝘁𝗮𝗿𝘁𝘂𝗽 𝗛𝘂𝗯. Official news: https://lnkd.in/gTFkNC8P How will this impact sustainability reporting journey for Aerodyne Group? 𝙀𝙫𝙚𝙧𝙮𝙩𝙝𝙞𝙣𝙜 𝙬𝙞𝙡𝙡 𝙗𝙚 𝙢𝙤𝙧𝙚 𝙨𝙩𝙧𝙚𝙖𝙢𝙡𝙞𝙣𝙚𝙙. As of March 2024, Japan released exposure drafts under Sustainability Standards Board of Japan (SSBJ) with recommendation to IFRS disclosures. Last week, September 2024, Malaysia has joined the global coalition of reporting with IFRS S1 and S2 disclosures through phased implementation under National Sustainability Reporting Framework (NSRF). We have been reporting with reference to Global Reporting Initiative (GRI) Standards since 2023. Good news that GRI and IFRS Foundation collaboration to deliver full interoperability that enables seamless sustainability reporting (News released in May 2024: https://lnkd.in/gpW84q6p)

🌟 South Korea’s oldest startup demo day D.Day was held in Japan this month for the first time since its inception. 🇰🇷 🇯🇵 The vibrant interaction between Seoul and Tokyo startups not only fosters cross-cultural innovation but also heralds new growth avenues for fintech enterprises. 🤝 The initiative by ambitious firms like Shopl n Company, Realdraw, GRASSMEDI and Sionic AI Inc to capitalise on Japan's robust push for digital transformation showcases not just their forward-thinking approach but also illuminates the path for fintech companies looking to thrive in different markets. Stories like these affirm our commitment to partnering with fintech innovators seeking to make a mark globally. 💡🌏 Read the full The Korea Economic Daily story here: https://lnkd.in/gRKzGhxZ #FintechGrowth #InnovationInAsia #PublicRelations 🇰🇷

The Japanese startup ecosystem is flourishing, buoyed by soaring stock markets and advancements in AI technology, creating a fertile ground for innovation and investment. #Japan #Startups #AI #Investment #Innovation Visa liberalization in Japan is fostering international collaboration and attracting global talent, contributing to the country's dynamic growth and diverse cultural exchange. #Japan #Visa #InternationalCollaboration #GlobalTalent #CulturalExchange

Japan's wealth is a gift and a curse to its startups. Here's what Ikuo Hiraishi, founder of DreamVision has to say: "Japan’s large, wealthy domestic market (the third in the world, in GDP terms) gives Japanese startups a ready supply of high-purchasing power customers. Unfortunately, the supply is so large that in many cases, it doesn’t make rational sense for a Japanese startup to expand internationally. This hurdle is amplified by another factor. In 1999, Japan’s stock market launched its so-called “Mothers” section (now known as Growth Market). The latter enabled smaller-cap startups to list, benefiting from softer listing requirements. It worked well. Too well maybe. Around 300 Japanese startups are listed on the Growth Market today. The Growth Market incentivizes relatively small but growing Japanese startups to go public early. This is attractive to founders for two main reasons: the ability to cash out, and the ego boost from publicly listing one’s company. It is also a boon for venture capitalists, making it easier to get a liquid return on investment. These early exits can reduce founders’ global ambition as they fail to see the point of potentially discomforting foreign forays. Even if the company wished to grow abroad, prolonged Japan-centric operations could lead to the product’s “Galapagosization”, rendering it incompatible with non-Japanese audiences. One might wonder why this issue hasn’t affected Japan’s original corporations, which have evolved into undeniable global successes. Part of the reason may sound counter-intuitive: selling hardware internationally is relatively easier if the products are excellent. Translating the TV or the car’s instruction manual is an easy way to boost sales abroad. Of course, an effective marketing strategy is also essential. Software, although easily distributed, contains a myriad of discreet cultural specificities that are harder to decipher and amend as one expands." Read Ikuo's full Realistic Optimist op-ed here: https://lnkd.in/gntcN3vS

Share and highlights Investments in startups in Japan has grown 10x in the last decade, reaching JPY 850 billion (approximately USD 6 billion) in 2023, and is expected to grow even more. The growth is fueled by larger Japanese VC funds, corporate trends towards open innovation, and the government's Five-Year Plan, which aims to create 100 unicorns. Startups are becoming mainstream, with an increasing number of serial entrepreneurs and top talents from academia and corporations entering the startup field. The emergence of Japanese unicorns is altering the startup valuation landscape, highlighted by Mercari's IPO at JPY 676 billion (approximately USD 4.8 billion). Investment themes are diverse, from B2B SaaS to consumer apps to deep tech, in a less crowded market compared to the US and China. Growth stage startups are attracting significant funding, offering opportunities for global investors. Despite the global downturn in technology stocks, the Japanese startup ecosystem is demonstrating strong resilience in 2023, with investment, IPO, and M&A activities surpassing the levels of 2019-2020.

💡 Discover the latest trends, key players, and business opportunities within Vietnam's startup ecosystem in 2024! https://bit.ly/46YHhdv #JDI #LaunchJDI #businessexpansion #Vietnam #Vietnammarket #opportunity #startupecosystem

Explore Bulgaria's thriving startup scene: 💡 Home to 800+ startups 🚀€1B invested in deep tech & AI startups 💰 Advantageous tax policies & EU funding access ✨ Introduction of Variable Capital Company in 2023 And more! Dive deeper in the story! 👇 #BulgarianStartupScene #InnovationHub

Explore Bulgaria's thriving startup scene: 💡 Home to 800+ startups 🚀€1B invested in deep tech & AI startups 💰 Advantageous tax policies & EU funding access ✨ Introduction of Variable Capital Company in 2023 And more! Dive deeper in the story! 👇 #BulgarianStartupScene #InnovationHub

Explore Bulgaria's thriving startup scene: 💡 Home to 800+ startups 🚀€1B invested in deep tech & AI startups 💰 Advantageous tax policies & EU funding access ✨ Introduction of Variable Capital Company in 2023 And more! Dive deeper in the story! 👇 #BulgarianStartupScene #InnovationHub

🇯🇵 Ikuo Hiraishi, who runs DreamVision, is striving to make Japan's startup scene more global. 💰 However, data suggests that despite the country's strong economy and tech capabilities, startups in Tokyo raise 16x less funding per capita than those in Berlin. 📈 The Japanese ecosystem is starting to progress in the right direction, but still has many challenges to overcome to be able to compete on the global stage. - Want full insights? Subscribe to Tech in Asia to read the entire article.