Tokyo Metro Co., Ltd. (Ticker: 9023.T) is a Japanese railway operator that manages Tokyo's subway system. Tokyo Metro will list on the Tokyo Stock Exchange on October 23, 2024. The company is offering shares at an indicative price of 1,100 yen, aiming to raise 319.55 billion yen (USD 2.25 billion). The expected market capitalization at the time of the offering is 639.1 billion yen (USD 4.51 billion).

The central government and the Tokyo government, which together hold 100% of Tokyo Metro, plan to sell half of their shares. Proceeds from the sale will be used to repay reconstruction bonds from the 2011 earthquake. The offering is managed by Goldman Sachs, Mizuho, and Nomura.