# WHI IPO Targets Japan's Biggest Listing by 2026

> Bain- and GIC-backed WHI to list in Tokyo by Dec 15, aiming for Japan's largest IPO in 2026.
- Title: WHI IPO Targets Japan's Biggest Listing by 2026 · Nikkei Asia
- Summary: Bain- and GIC-backed WHI to list in Tokyo by Dec 15, aiming for Japan's largest IPO in 2026.
- Keywords: whi, bain, gic, ipo, tokyo, human resource systems, japan, 2026, valuation, Nikkei Asia
- Source: Nikkei Asia — https://asia.nikkei.com/business/markets/ipo/bain-and-gic-backed-whi-on-track-for-japan-s-largest-ipo-in-2026
- Published: 2026-11-13T22:03:38+00:00
- Read time: 1 min
- Topics: whi, bain, gic, ipo, tokyo, human resource systems, japan, 2026, valuation, news, business, world
## WHI IPO Timeline
Bain- and GIC-backed WHI Holdings is set to list on Tokyo's exchange on December 15, 2026.
## Valuation Target
The company aims for a valuation of 400 billion yen ($2.5 billion) in Japan's largest 2026 IPO.
## WHI Background
WHI Holdings is a human resource systems developer with CEO Tomitaro Anzai.
## Key takeaway

WHI Holdings, a human resource systems developer backed by Bain and GIC, plans a Tokyo IPO on December 15, 2026, expected to reach a valuation of 400 billion yen ($2.5 billion).