Asian Capital Markets Cross-Border Listing Support Services

Transcription

1 Asian Capital Markets Cross-Border Listg Support Services

2 1 offers tailor-made services and support for companies that are considerg cross-border listg. The rapid growth of Asian countries consumer markets and capital markets recent years has given the Japanese companies the drive to develop their global strategies. For Japanese companies that have already expanded their busesses or are considerg future busesses Asian markets, crossborder listg on Asian stock markets is seen as a strategy with a variety of potential benefits. Cross-border listg can allow companies to ga access to local capital, expand their vestor base, enhance creditability and brand recognition and enable the companies to attract and reta talented personnel. In addition, the Japanese economy has shown signs of recovery. Many foreign companies are considerg to expand their busesses Japan as the Japanese market is an important market Asia. Listg on Tokyo Stock Exchange is an option for the foreign companies to raise funds Japan and to enhance the relationship with busess partners Japan. On the other hand, it is essential to create an appropriate and effective roadmap order to achieve a successful listg. However, practice, due to the time constrats and lack of expertise and resources and so on, crossborder listg and fundraisg create challenges for companies areas such as compliance with local accountg and regulatory requirements and adjustg to cultural differences. Japan together with member firms other Asian countries offer tailor-made accountg, tax and advisory services to support companies their cross-border listg journey. Yutaka Yuguchi Masaru Sugiyama Ryoji Komiya Hiroto Yamane Lead 2018 AZSA LLC, a limited liability audit corporation corporated under the Japanese Certified Public Accountants Law and a member firm of the network of dependent member firms affiliated with International Cooperative ( International ), a Swiss entity. All rights reserved.

3 2 Asia Listg Advisory Group Japan Market Professionals team Sgapore Taiwan Korea Hong Kong Shanghai Thailand Others Sgapore Taiwan Korea Hong Kong Shanghai Thailand other overseas offices Japan, comprised of AZSA LLC, Tax Corporation, FAS, Consultg and other member firms, provide tailor-made services to companies that are considerg cross-border listg. By utilizg global network, Japan provides high-quality services that are tailored to meet the companies needs the cross-border listg process, not only for Japanese companies overseas listg on Asian stock markets but also for foreign companies listg on the Tokyo Stock Exchange. Specialized teams for each stock market that work closely with the respective overseas member firms are formed Japan Asia Listg Advisory Group. Each country team consists of professionals who are familiar with the listg regulation and are experienced public offergs. Furthermore, we mata close contact with other professional parties volved the listg process such as lawyers and underwriters (sponsors, issue managers) order to provide companies with tegrated and marketspecific services AZSA LLC, a limited liability audit corporation corporated under the Japanese Certified Public Accountants Law and a member firm of the network of dependent member firms affiliated with International Cooperative ( International ), a Swiss entity. All rights reserved.

4 3 How we can help offers tegrated and high-quality services for: Japanese companies overseas listg on Asian stock markets Sp-off listg of Japanese companies overseas busess on Asian stock markets Foreign companies listg on Tokyo Stock Exchange Global offerg/ cross-border fundraisg by listed companies GAAP Conversion Services Many of the Asian stock markets permit the listed companies to prepared their fancial statements to be cluded listg documents and for contug disclosure obligation accordance with International Fancial Reportg Standards (IFRS). adopts a structured approach to help Japanese companies convert their fancial statements from Japanese GAAP to IFRS. On the other hand, foreign companies listed on the Tokyo Stock Exchange are required to prepare their fancial statements to be cluded the offerg documents and for contug disclosure requirements accordance with Japanese GAAP. also provides advisory services to foreign companies to assist them preparg the Japanese GAAP fancial statements. Reportg Accountants and Fancial Statement Audit Durg the listg process, acts as reportg accountants and perform procedures on historical fancial formation to be cluded the listg documents. After the listg, provides annual audit and terim review services to the listed companies. Short Review and IPO Advisory Services assists the companies to assess IPO readess such as reviewg the existg accountg policies and the quality of accountg records, reviewg ternal controls over fancial reportg processes and providg recommendations. offers IPO advisory services such as assistg the companies to prepare the listg documents (provided that is not the reportg accountant or external auditor), communicatg with the stock exchanges and/ or the underwriters (sponsors/ issue managers). Tax Advisory Services Group restructurg is often undertaken the listg process. Tax professionals provides advice on planng and implementation of group restructurg to achieve tax efficiency as well as dealg with various tax issues such as transfer pricg, tax haven, corporate version and global tax planng. Development and Implement of Management System Support Services In response to the global strategy and the listg requirements, a well-established and more sophisticated management system is required to capture busess formation a timely and efficient manner. assists companies to develop and implement a management system which is consistent with the companies mission and vision AZSA LLC, a limited liability audit corporation corporated under the Japanese Certified Public Accountants Law and a member firm of the network of dependent member firms affiliated with International Cooperative ( International ), a Swiss entity. All rights reserved.

5 Members Japan Members Yutaka Yuguchi Hiroto Yamane Naohiro Nishida Alice Cheng Senior Manager Sgapore Members Barry Lee Atsushi Hosho Ryo Kato Manager AZSA LLC, a limited liability audit corporation corporated under the Japanese Certified Public Accountants Law and a member firm of the network of dependent member firms affiliated with International Cooperative ( International ), a Swiss entity. All rights reserved.

6 Contact us Asia Listg Advisory Group AZSA LLC OTEMACHI FINANCIAL CITY South Tower Otemachi, Chiyoda-ku Tokyo, Japan TEL : FAX : asialistg@jp.kpmg.com Sgapore 16 Raffles Quay #22-00 Hong Leong Bldg., Sgapore Tel This formation contaed here is of a general nature and is not tended to address the circumstances of any particular dividual or entity. Although we endeavor to provide accurate and timely formation, there can be no guarantee that such formation is accurate as of the date it is received or that it will contue to be accurate the future. No one should act on such formation without appropriate ate professional advice after a thorough examation of the particular situation AZSA LLC, a limited liability audit corporation corporated under the Japanese Certified Public Accountants Law and a member firm of the network of dependent member firms affiliated with International Cooperative ( International ), a Swiss entity. All rights reserved The name and logo are registered trademarks or trademarks of International.