Handbook of Corporate Finance Empirical Corporate Finance Volume 1

(nextflipdebug5) #1

Ch. 6: Security Offerings 303


Ta b l e 1 1(Continued

)

Rights offerings

Public offerings

Preferred stocks

Private placements

Exercise of warrants

Total

Year

No. ofissues

Amountraised(

bils.)

No. ofissues

Amountraised(

bils.)

No. ofissues

Amountraised(

bils.)

No. ofissues

Amountraised(

bils.)

No. ofissues

Amountraised(

bils.)

No. ofissues

Amountraised(

bils.)

1996

9

337

36

305

5

539

20

219

187

674

257

2 ,

074

1997

9

73

26

128

2

224

19

370

88

368

144

1 ,

162

1998

1

0.
3

12

284

5

471

35

696

35

88

88

1 ,

540

1999







35

371

27

7 ,

012

86

2 ,
445

74

262

222

10

,^090

2000

2

8

36

573

5

137

56

972

94

111

193

1 ,

798

2001

3

32

18

1 ,

201

6

228

71

567

92

38

190

2 ,

067

2002







21

156

40

1 ,

029

79

502

82

276

222

1 ,

963

2003

3

2

40

573

75

2 ,

537

103

234

126

40

347

3 ,

385

2004

4

4

80

754

55

1 ,

411

142

624

241

104

522

2 ,

900

Source: The Tokyo Stock Exchange Fact Book, 2005.aThe table includes foreign issues.
Free download pdf