Batonz Listed on the Tokyo Stock Exchange Growth Market
Implications for SME Succession and Cross‑Border M&A in Indonesia
Nihon M&A Center Holdings Inc. announces that Batonz Co., Ltd., an equity‑method affiliate of the Group, was listed on the Tokyo Stock Exchange (TSE) Growth Market on April 21, 2026.
Batonz operates “BATONZ,” one of Japan’s largest digital platforms for M&A and business succession, enabling efficient and transparent matching between business owners and buyers. Since its launch in 2018, the platform has grown to more than 350,000 registered users and has supported over 3,000 completed transactions, particularly among small and medium‑sized enterprises (SMEs).
Indonesia, like Japan, faces growing challenges related to SME sustainability, owner succession, and the preservation of local businesses as founders age and market competition intensifies. Batonz’s experience demonstrates how digital M&A platforms can lower barriers to succession, improve access to buyers, and help SMEs continue growing beyond generational transitions.
This listing underscores the Nihon M&A Center Group’s commitment to building M&A as a form of social and economic infrastructure. Looking ahead, the Group sees strong potential to apply insights gained through Batonz to cross‑border M&A between Japan and Indonesia, supporting collaboration, investment, and long‑term growth for SMEs in both countries.