Freee has submitted paperwork for approval to list on the TSE Mothers Market next month, potentially offering exits to more than half a dozen corporates such as Line and Sharp.

Japan-based accounting software provider Freee has filed for an initial public offering on the TSE Mothers Market that would provide exits to corporates Line, Mitsubishi UFJ, Nippon Life, Life Card, Salesforce, Sharp, Recruit and SBI, Nikkei reported today.

The company is reportedly looking to push its valuation to $1bn through the offering, though terms have not yet emerged.

The application is expected to be approved by the Tokyo Stock Exchange in the near future, and Freee is thought to be…

Thierry Heles

Thierry Heles is the former editor-at-large of Global University Venturing and Global Corporate Venturing, and was the producer and host of the Beyond the Breakthrough podcast until December 2024.