【News】CYBERDYNE was selected as “IPO of the Year”, a category of Thomson Reuters Markets’ DEALWATCH AWARDS 2013.

In March 26th, 2014, the company was listed in “Mothers” section of the Tokyo Stock Exchange, as a company which issued class shares for the first time in Japan. In addition, attributable to its advanced technology and growth probability, the company’s public offering was selected as “IPO of the Year”, a category of Thomson Reuters Markets’ DEALWATCH AWARDS 2013^*1 which would be given to a company of the most remarkable initial public offering in fiscal year 2013. The award presenting ceremony was held in the evening today (May 15th). The reason for the award is as below.

CYBERDYNE is a university venture that develops and manufactures a wearable Robot Suit “HAL”. Due to its excellent technology and growth probability, market’s expectation is heightened and the stock is called in the market “ the stock of dreams, which is suitable for initial public offering”. A new scheme of preferred class shares and ordinary shares with limited voting rights draws market’s attention. (Abstracted from the news release by Thomson Reuters Markets KK)

*1 DEALWATCH AWARDS:
The annual DEALWATCH AWARDS were established in 1995 with the aim of rewarding excellence and innovation in Japan’s capital markets over the course of a financial year in order to contribute to development and enlargement of Japan-related capital markets. For further development of Japanese capital market as one of major capital markets of the world, main criteria of awards are proper pricing in the primary markets, fair price formation in the secondary markets, contribution to capital markets’ development, ingenuity and so on.