Skadden advised JX Advanced Metals Corporation on its ¥439 billion (approximately US$3 billion) global initial public offering (IPO) and listing on the Tokyo Stock Exchange on March 19, 2025. At the IPO offer price of ¥820 per share, the company is valued at ¥761 billion (approximately US$5 billion). This was Japan’s largest IPO since 2018.
JX Advanced Metals is a leading global producer and supplier of copper and minor metal materials that focuses on the supply of advanced materials for the semiconductor and ICT industries.
The Skadden team was led by Corporate Partner Kenji Taneda (Tokyo), with Counsel Ken Kiyota (Tokyo), Asia Pacific Counsel Yuko Ozaki and Associate Jaewon Moon (Tokyo).