知情人士称，高端度假别墅运营商NOTA Co., Ltd.正计划最早于12月在东京进行首次公开募股（IPO），这将成为日本股市低迷之年规模较大的交易之一。
Inc. is planning an initial public offering in Tokyo as soon as December, according to people familiar with the matter, setting up what could be one of the larger deals in a down year for Japanese debuts.
知情人士表示，这家奢侈别墅运营商正与野村控股合作推进其潜在的IPO。由于信息尚未公开，知情人士要求匿名。相关商议仍在进行中，时间和细节等因素可能会发生变化。NOTA的一位代表拒绝置评。野村控股未立即回应置评请求。
The luxury villa operator is working with Nomura Holdings on its prospective IPO, said the people, who asked not to be identified as the information isn’t public. Deliberations are ongoing and details such as the timing could change. A representative of NOTA declined to comment. Nomura didn’t immediately respond to a request for comment.
此次上市将考验投资者对日本初创企业的投资意愿，目前日本市场的IPO数量有所下降。由于投资者批评小型上市公司的表现不佳，东京证券交易所一直强调新上市企业的质量而非数量。
The listing would test investor appetite for Japanese startups in a market where the number of IPOs has declined. With investors criticizing the underperformance of small-sized listings, the Tokyo stock exchange has emphasized the quality of newcomers over the quantity of debuts.
随着监管规则调整后小型公司重新考虑过早上市，且国内缺乏人工智能相关的IPO潜力企业，日本的首次公开募股数量已降至14年来的最低点。在今年已完成的33笔交易中，只有3笔筹集资金超过1亿美元，其中只有1笔——即出租车软件运营商Go公司的交易——超过了5亿美元。
With smaller companies reconsidering early listings after regulatory changes and a dearth of artificial intelligence-related IPO prospects in the country, the number of first-time offerings in Japan has dropped to 14-year low. Even among the 33 deals this year, only three raised more than $100 million and one — taxi app operator Go Inc.’s — exceeded $500 million.
日本金融数据提供商Speeda的数据显示，8月份，NOTA从丰田汽车的投资部门和思佰益（SBI Holdings）筹集了100亿日元（合6300万美元），当时公司的估值为1120亿日元。密涅瓦成长合伙公司（Minerva Growth Partners Inc.）和高瓴资本（Hillhouse Investment Management Ltd.）也在2月向该公司进行了投资。
NOTA raised ¥10 billion ($63 million) from Toyota’s investment arm and SBI Holdings in August, when the company was valued at ¥112 billion, according to financial data provider Speeda in Japan. Minerva Growth Partners Inc. and Hillhouse Investment Management Ltd. also invested in the company in February.
NOTA提供高端度假屋的份额所有权，其中大多数位于北海道等乡村地区，也有部分位于东京郊区。随着公司向住宅地产业务扩展，本月已将其名称从Not A Hotel更改为NOTA。该公司已开始接受起售价为6980万日元的住宅单元预订。
NOTA offers fractional ownership of high-end vacation homes, most of which are located in rural areas like Hokkaido, while some are in the suburbs of Tokyo. The company has changed its name from Not A Hotel this month as it expands into residential property business. It has started taking orders for the sale of residential units starting at ¥69.8 million.