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Pola To List on Tokyo Exchange

Firm plans to sell 4 million shares in IPO.

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By: TOM BRANNA

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The Tokyo Stock Exchange has given the green light to Pola Orbis Holdings Inc.’s plan to list on the exchange on Dec. 10. According to published reports, the Japanese cosmetics company will offer 4 million shares in its initial public offering. Pola is one of Japan’s leading cosmetics firms, selling products at retail and directly to the consumer. As of January 2010, the firm had 1,005 employees. The company, which was ranked No. 21 in Happi’s 2010 International Top 30 Report, is...

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