Japan’s ‘name-and-shame’ fix for listco valuation is short-term, may not work in Singapore

THE move by Japan Exchange Group (JPX) to “name and shame” listed companies into improving their corporate valuation is laudable, but market watchers said it may only lead to short-term gains.

Singapore, which is also struggling with weak stock market valuations, would be better off working to educate companies on how to boost their valuations, and attracting better-quality companies to list, they said.

JPX, which controls the Tokyo and Osaka exchanges, will in January begin publishing a monthly list of companies that are making an effort to lift their valuations.