The company seeks to solve the nagging problems of an ageing population: many of Japan’s manufacturers make first-rate products but they have nobody to inherit their firms.
Next Generation Technology Group, the first listing on the Tokyo Stock Exchange this year, jumped on its trading debut.
The shares climbed as much as 58% to JPY3,165 ($27.90) in early trading in Tokyo on Wednesday. It later pared some of those gains and traded at JPY2,906 at 10.32am in Tokyo, giving it a market value of JPY25 billion.
