The creative digital studio has floated on TSE’s Mothers Market, enabling Kaga Electronics, Sony and Norinchukin Bank to exit.

Sun Asterisk, the Japan-based digitisation services studio backed by electronics manufacturers Kaga Electronics and Sony, listed on Tokyo Stock Exchange (TSE)’s Mothers Market today.

The company’s shares were priced at ¥700 ($6.66) each and the offering could raise approximately $13.7m, including the over-allotment option.

Founded in 2012 as Framgia, Sun Asterisk provides consulting services for businesses on areas including programming, graphic design, project management, financial support and marketing.

Norinchukin Bank had provided the company’s $9.2m funding in December 2019,…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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