Japan: Sunwels prepares to price Tokyo IPO

Sunwels, which has a mission to “evolve and change long-term care services” has set an indicative price of ¥1,940 per share for an up to ¥5.7bn (US$59m) IPO on the Tokyo Stock Exchange (TSE). It is being listed in the TSE’s growth sector. The offer comprises 2.935 million shares, of which 1.761 million are new…