KKR-Backed SmartHR is said to delay Tokyo IPO beyond this year
Sources have said timing and valuation could change due to investors’ concerns over the disruptive impacts of the artificial intelligence boom on the software-as-a-service sector.
Japanese human resources platform operator SmartHR has delayed its plans for an initial public offering to next year at the earliest as investors viewed the company’s targeted valuation as too high, according to people familiar with the matter.
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Published by: The Japan Times
Read full article here: https://www.japantimes.co.jp/business/2026/07/08/companies/smarthr-tokyo-ipo-delay/
