KKR-Backed SmartHR Is Said to Delay Tokyo IPO Beyond This Year

Japanese human resources platform operator SmartHR Inc. has delayed its plans for an initial public offering to next year at the earliest as investors viewed the company’s targeted valuation as too high, according to people familiar with the matter. Japanese human resources platform operator SmartHR Inc. has delayed its plans for an initial public offering to next year at the earliest as investors viewed the company’s targeted valuation as too high, according to people familiar with the matter.