Nigo's Human Made Boosts Tokyo IPO Price Amid Resurgence of Japanese Pop Culture

Human Made Inc., a Japanese streetwear firm founded by Nigo, has boosted its initial public offering (IPO) price to ¥3,130 after strong investor demand. The IPO could raise up to ¥17.8 billion and value the company at ¥71.7 billion. The stock is expected to start trading on Nov. 27 on the Tokyo bourse after a pricing next week. Nomura Holdings and Mizuho Financial Group are the arrangers of the IPO. Investors such as Sumitomo Mitsui DS Asset Management and MY.Alpha Management HK Advisors Ltd. have expressed interest.