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Underwrites a large number of listings and lets you enter with no money deposited. Note that the business transfers to SBI Securities in October 2026.
Open an account (free)67/100
Straightforward to use
This score is this site's own. It measures how accessible the lottery is without a large balance — not the chance that you will win. The same calculation is used on the Japanese pages.
💰Upfront deposit
Not required. After winning, fund the account by 15:00 on the deposit deadline.
🎯How the lottery works
Tiered into S, A and B according to your trading record.
🎫The pool open to everyone
At least 10% of the allocation goes to a third draw that includes people with no trading record.
🆓Fees
None, either to apply or to buy.
You can apply during book building with nothing deposited.
Results are published for the first, second and third draws.
If you win, deposit at least the offer price multiplied by your shares by 15:00 on the deposit deadline.
Once the funds are confirmed, complete the purchase. Normally one lot per person.
Once the purchase is settled, there is nothing left to do.
The securities business is scheduled to transfer to SBI Securities on 13 October 2026, announced on 26 March 2026. IPO coverage is expected to run only until listings in September 2026. What follows describes the rules as they stand until the transfer.
Nothing needs to be deposited when you apply. Money is only required after you win, by 15:00 on the deposit deadline, and there is no commission to apply or to buy.
The draw is tiered by trading record into S, A and B, but at least 10% of the allocated shares is guaranteed to go to a third draw open to every tier. Someone who has just opened an account still has a real chance.
It draws on the underwriting network of the long-established Okasan Securities group, and has handled a large number of listings as a delegated underwriter.
The online broker of the Okasan Securities group, distinguished by the underwriting network the parent has built over many years. Because the business transfers to SBI Securities on 13 October 2026, check the latest official information on services and accounts.
Start applying for IPOs at 岡三オンライン
Opening an account is free. You need to be resident in Japan — what that requires is on the account opening page.
Open an account (free)Conditions are those published by 岡三オンラインand can change. Confirm the current terms on the broker's own site before applying. Nothing here is investment advice.
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