Tokyo Metro soars 36% on Japan market debut

Tokyo Metro soars 36% on Japan market debut Tokyo Metro soars 36% on Japan market debut

TOKYO — Tokyo Metro on Wednesday embarked on a journey to transform from a public service provider into a potentially hot ticket for investors, with its shares soaring 36% as they debuted on the Prime section of Japan’s main bourse.

The operator of the Japanese capital city’s 104-year-old subway system aims to take advantage of its position as a provider of vital infrastructure for the city of 14 million that is now a major hub of inbound tourism, a global financial center, and a booming real estate market.