August 18, 2017
In a joint research project by the Masahiro Kotosaka Laboratory and SMBC Nikko Securities Inc.,
the TSE Mothers Market Visualization Project was conducted.
As part of a joint research project with SMBC Nikko Securities, the Masahiro Kotosaka Laboratory at Keio University conducted research on the theme of "Visualization of Officer Career Data at the Time of Listing on the TSE Mothers Market." This research involved analyzing and visualizing information on officers at the time of their listing on the TSE Mothers market (from 1999 to 2016).
1. Summary of Joint Research
This project aims to provide useful information to practitioners aiming to go public by shedding light on the quantitative data available in the TSE Mothers market and accumulating knowledge (e.g., officer composition, officer career backgrounds, and fundraising environment). The project will continue to collect and analyze data on an ongoing basis.
2. Research Findings
Based on data from securities registration statements at the time of listing, we visualized which industries and companies officers frequently come from, as well as the profile of a CFO (Chief Financial Officer), who supports the listing process. Through this, we have accumulated knowledge about the TSE Mothers market.
3. Future Research Possibilities
We plan to analyze not only the career information of officers at the time of listing but also use the longitudinal performance of actual listed companies as an indicator. By doing so, we aim to accumulate more precise knowledge regarding officer composition and CFOs.
4. About the Masahiro Kotosaka Laboratory
The Kotosaka Laboratory, under the keyword of International Business & Entrepreneurship Research (IBER), conducts broad research from a strategic perspective on the intersection of international business and entrepreneurship. It aims to accumulate knowledge about the founding, growth, and internationalization of startups, while also working to widely return this accumulated knowledge to society.
[Inquiries regarding this matter]
Keio University, Masahiro Kotosaka Laboratory
Attn: Toshiyasu Matsui / Daichi Inoue
Email: iber-kotosaka@sfc.keio.ac.jp
[Distributed by]
Office of Research Development and Sponsored Projects at Shonan Fujisawa Campus