Insider News: KKR To List Japan’s Kokusai Electric As Early As June, Sources Say

Apr 11, 2022

Insider News: KKR To List Japan's Kokusai Electric As Early As June, Sources Say

According to three individuals familiar with the matter, US private equity firm KKR & Co Inc wants to take Japanese microchip equipment producer Kokusai Electric Corp public in an IPO as early as June, making it Tokyo's largest listing in the last three years.

While the scale of the IPO was not immediately known, one source claimed Kokusai Electric would most probably list with a market valuation of roughly 700 billion yen ($5.67 billion).

According to Refinitiv figures, this would make it the largest business to list in Tokyo since SoftBank Group Corp floated its telecommunication subsidiary with a market valuation of 7.2 trillion yen in late 2018.

Two sources indicate that Goldman Sachs Group Inc. and SMBC Nikko Securities, a division of Sumitomo Mitsui Financial Group, are the major underwriters.

Three sources have reported that KKR intends to sell a portion of its interest to local and international investors.

KKR, Kokusai Electric, the Tokyo Stock Exchange, SMBC Nikko, and Goldman Sachs refused to answer questions.

Kokusai Electric was split out from Hitachi Kokusai Electric Inc in June 2018.

The anticipated IPO comes after Applied Materials, a US corporation, canceled its $3.5 billion proposal to purchase Kokusai Electric in March 2021 after failing to secure Chinese regulatory permission.

Kokusai Electric specified that it was looking for strategic partners and contemplating an IPO at the time.

KKR had planned to go public in March but chose to postpone it due to the Russia-Ukraine war and increased US interest rates, which weighed on the international financial markets.

In the fiscal year ending March 31, 2017, Kokusai Electric, a manufacturer of thin-film forming equipment, declared an operating income of 60 billion yen on sales of 178 billion yen.

As microprocessors are utilized everywhere, from artificial intelligence to self-driving vehicles and other cutting-edge technologies, global demand for semiconductor electronics has skyrocketed.

The industry association SEMI reports that original equipment manufacturers' total microchip production equipment sales reached $103 billion in 2021, up 44.7% over the previous high of $71 billion in 2020.

Subscribe Our Newsletter

FXCM Australia
“Save Money, Sleep Better” — the New Initiative by FXCM Australia

FXCM Group, the world's leading provider of online foreign exchange, is launching a new ‘Save Money, Sleep Better' campaign in Australia. The new campaign offers zero rollover fees for customers holding overnight trades in selected Indices, Gold and Silver.

Companies
The Economy Isn't Improving, And Tech Giants Report Only Bad News

Alexander

The Economy Isn’t Improving, And Tech Giants Report Only Bad News

Amazon is the latest company to make a decision that suggests the economy isn't doing well.

Companies
Get the ultimate solution: B2BinPay Get the ultimate solution: B2BinPay
Sponsored
Nato

Decentralized Physical Infrastructure Network (DePIN) Explained
Explore DePINs, how they work, their benefits, and real-world applications in wireless connectivity, energy distribution, and data storage solutions.

discover
Why Do Brokers Need PAMM Accounts?

Liquidity Provider

Why Do Brokers Need PAMM Accounts?

In this article, we will take a look into what a PAMM account is, its functions, what value it brings to brokerages and to various types of investment firms, and describe some of the best and most efficient PAMM solution providers in the industry. We will also consider the features of such accounts and their advantages and disadvantages.

Trading
Contact us bg

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiries

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Successful!
    Thank you for your request.
    We will contact you shortly.
    Close

    Alex

    Top 10 Fintech Website Development Agencies for 2025

    Best Fintech Website Development Agencies for 2025

    Сonstantine

    Internal vs External Range Liquidity In ICT Trading Explained

    Internal vs External Range Liquidity In ICT Trading

    Constantine

    Portfolio Backtesting — Tools, Metrics, and Methods Explained

    Portfolio Backtesting

    Сonstantine

    ICT Trading Explained: Smart Money Concepts, Tools and Setups

    ICT Trading Explained

    Сonstantine

    CFD Trading Strategies: A Practical Guide to Risk and Execution

    CFD Trading Strategies

    Alexander

    What is a Fair Value Gap? A Guide to Trading Market Imbalances

    What is Fair Value Gap

    Vitaliy

    Triangle Patterns in Trading: Mastering Ascending, Descending & Symmetrical Strategies for Maximum Profit

    Triangle Patterns in Trading: Ascending, Descending & Symmetrical Guide

    Alexander

    What Is COTI? Payments, Token & Price Prediction

    What is a COTI coin

    Constantine

    Best Copy Trading Software in 2025

    Best Copy Trading Software in 2025

    Alex

    What Is an AI Agent? The Future of Finance Explained

    AI Agent Explained

    Constantine

    How to Start a Liquidity Provider Business?

    How to Start a Liquidity Provider Business

    Constantine

    How to Start a White Label Brokerage?

    How to start a white label brokerage

    Constantine

    How to Start a Multi-Asset Brokerage?

    How to Start a Multi-Asset Brokerage

    Hazem

    Crypto Ransomware – How They Happen and How to Avoid Them

    Crypto ransomware explained

    Constantine

    Best Web3 Browsers in 2025

    Best Web3 Browsers

    Constantine

    Best DAO Projects in 2025

    Best DAO projects in 2025

    Alexander

    Crypto Nodes That Pay: Your 2025 Guide to Top Passive Income Opportunities in Crypto

    crypto nodes that pay

    Alex

    Pi Network: Scam or Groundbreaking Crypto? The Full Analysis

    Pi Network Explained

    Constantine

    Triple Net Lease: Meaning, Benefits, and Strategies Explained

    Triple Net Lease

    Constantine

    Hanging Man Pattern: How to Identify and Trade It Effectively

    Hanging Man Pattern

    Alex

    5 Infinite Banking Mistakes That Could Cost You Thousands

    Infinite Banking Mistakes to Avoid

    Aleksander

    Solana Firedancer: Solving Solana’s Biggest Problems with a New Engine

    Solana Firedancer explained

    Alexander

    What Is an Interest Coverage Ratio? How to Use This Financial Metric to Evaluate Company Health

    Interest Coverage Ratio Explained

    Hazem

    After-Hours Trading: Can You Trade After Financial Markets Close?

    After-Hours Trading Explained
    liquidity-provider-logo
    • News
      • Stock Market Forecast
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
      • AI
      • Technology
      • DeFi
      • NFT
    • Articles
      • Crypto Payments
      • Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
      • FinTech Awards
      • Blockchain
      • Investing
      • NFT
      • DeFi
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
      • White Label Brokerage Platforms
      • Broker CRM Platforms
    [email protected]

    © 2024 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy
    This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.