Anthropic cuts Japan share offering target to $3 billion

The Claude developer trimmed its Japanese tranche from up to $3.5 billion, though the deal is still expected to set a record for a foreign listing in Japan Anthropic has lowered the amount it hopes to raise from Japanese investors in its upcoming IPO. The Claude developer now targets $3 billion from its Japan tranche, down from an earlier goal of up to $3.5 billion. Even after the trim, the Japanese slice is still expected to be the largest offering ever by a foreign company in Japan. Anthropic PBC first filed documents for the Japanese portion of its offering on November 2, 2026. That filing sought up to $3.5 billion, or ¥552.9 billion, from investors in Japan. An updated prospectus followed on November 10.

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