AudioStock debuts on Tokyo Stock Exchange Growth Market

AudioStock Inc., an Okayama-based startup operating the stock music service ‘Audiostock’, has successfully listed on the Tokyo Stock Exchange Growth Market. The company’s opening price reached 1,554 yen, which was 46.6% higher than its initial public offering price of 1,060 yen.

AudioStock provides a platform for the online sale and purchase of BGM and sound effects, aiming to support creators by managing copyright and expanding revenue opportunities amidst the growing demand for digital content. The company was supported by investments from Chugin Capital Partners through various funds, including Chugin 4 and Chugin Infinity Fund.