Local News

Fukuoka-Based Retailer’s Successful IPO

Trial Holdings, a major retail company based in Fukuoka City, successfully listed on the Tokyo Stock Exchange Growth Market. This company, which operates 311 discount stores nationwide primarily in Kyushu, is known for its innovative use of AI, including shopping carts with self-checkout features to minimize wait times at registers. The listing coincided with a record high in the Nikkei Stock Average, reflecting the company’s strong position in the market. President Koichi Kameda expressed intentions to leverage the listing to further innovate in the retail sector, particularly in integrating digital technology into everyday living. The stock closed its first day at a price 30% higher than its initial offering. Source: Minkabu Press / KBC

Fukuoka-Based Retailer's Successful IPO

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Category
Business
Fukuoka City
Published: Mar 22, 2024 / Last Updated: Mar 22, 2024

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