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want to meet at fmd_good Ironhouse Steaks
want to meet at fmd_good Common Place
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How do you guys feel about the IPO on Tokyo Metro? Will it affect how the metro works?
ngl i'm more curious about how this affects the tokyo metro museum and those old trains they keep. if they start chasing shareholder returns they might scrap the cool retro stuff or sell off the rolling stock to some regional line. the 5000 series is iconic but investors don't care about nostalgia
honestly i think most tokyoites are pretty neutral on it. the metro runs well enough already and the government isn't gonna sell off enough to lose control so service wise nothing changes. the real talk is whether they overvalued it at 4.7 billion which feels rich for a subway company with fixed routes and no real competition
i mean the ipo is more about the government cashing out than changing anything on the ground. tokyo metro already runs like a well oiled machine, this is just a way for them to raise funds without raising fares. the real question is if foreign investors will bite at that valuation, japanese stocks are hot rn but a subway monopoly isn't exactly a growth story
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Bagel scam at Hole in One Tokyo 2026?
yep, the "reserve" line is textbook
Cash-only "reserve" is the tell.
1800 yen is omotesando pricing not kagurazaka