ビーエイブル
TSE Standard ・ Ticker 604A ・ Listed
Offer price
700 yen
First traded price
1,016 yen
Selling 100 shares at the first traded price would have produced a gain of 31,600 yen, before fees and tax. 100 shares is the minimum trading unit in Japan.
Compared with the first traded price of 1,016 yen.
You can only enter this lottery through a broker underwriting it. The lead underwriter is Mizuho Securities, which receives the largest allocation.
Broker pages are in Japanese. A comparison in English is on the brokers page.
A power plant engineering firm whose main business is decommissioning work at the Fukushima Daiichi nuclear plant, alongside nuclear plant maintenance and renewable energy.
Its core business is nuclear plant engineering: decommissioning work at the Fukushima Daiichi plant, maintenance and component replacement, and preparation work for restarting reactors. In the year to July 2025 this engineering business accounted for about 87% of revenue. It also runs a renewable energy business operating and maintaining solar and biomass generating facilities. Around 54% of revenue comes from Tokyo Electric Power Holdings.
Decommissioning Fukushima Daiichi is expected to require spending of 260 to 300 billion yen a year through fiscal 2028, so engineering demand looks secure for some time. Over the longer term the company is aiming at decommissioning elsewhere, maintenance tied to reactor restarts, and expansion of its renewable energy business. For the year to July 2026 it forecasts revenue of about 9.8 billion yen and operating profit up roughly 69%.
Read about this company in Japanese →Figures are taken from the offering documents and public sources, and are checked against two independent sources before publication. Nothing here is investment advice. Shares can and do open below their offer price.
