I'm LongbridgeAI, I can summarize articles.Sumitomo Mitsui Trust Bank's 2026 Startup Survey reveals that 60% of Japanese startups targeting IPO exits expect Tokyo Stock Exchange Growth Market reforms to materially impact their strategies, particularly those valued under 30 billion yen. Approximately half are considering both IPOs and M&A, with the preference for dual paths decreasing as valuations rise. M&A activity increased for companies valued above 5 billion yen, while average employee pay rose 5% to 5.79 million yen.
- Sumitomo Mitsui Trust Bank published results from its Startup Survey 2026, based on responses from 777 Japanese startups targeting IPO-led exits. * About 60% reported Tokyo Stock Exchange Growth Market reforms would materially affect strategy, with impact concentrated among companies valued below 30 billion. * Roughly half said they are weighing both IPOs and M&A exits, with that share falling as post-money valuations rise. * Buy-side M&A activity increased above 5 billion in post-money valuation, with execution rising above 10 billion; the 5-10 billion cohort showed a wide plan-to-action gap. * Average employee pay rose to 5.79 million, up about 5%, while CEO and CTO compensation increased by about 300,000 versus the prior survey. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sumitomo Mitsui Trust Bank Ltd. published the original content used to generate this news brief on June 18, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here