カドス・コーポレーション
TSE Standard ・ Ticker 211A ・ Listed
Updated
Offer price
2,900 yen
First traded price
3,210 yen
Selling 100 shares at the first traded price would have produced a gain of 31,000 yen, before fees and tax. 100 shares is the minimum trading unit in Japan.
You can only enter this lottery through a broker underwriting it. The lead underwriter is SMBC Nikko Securities, which receives the largest allocation.
Broker pages are in Japanese. A comparison in English is on the brokers page.
A company based in Yamaguchi and Hiroshima that matches landowners with chains looking to open stores, such as drugstores, then designs and builds the stores and also leases them out.
Its main business is construction. Using its own matching approach, カドスLANシステム (the Cados LAN System), it connects landowners who want to make use of their land with tenant companies looking for store sites (drugstores, convenience stores, restaurants and others), and is then hired to design and build the store. It also runs a real estate business, leasing land itself, building stores on it and renting them to tenants. In the year to July 2026, construction was 78.2% of revenue and real estate 21.8%. The head office is in Yamaguchi City, with branches in Hiroshima and Fukuyama.
On top of its home markets of Yamaguchi and Hiroshima, it is expanding its sales area into Fukuoka and Okayama, and aims to develop カドスタウン (Cados Town), a suburban multi-tenant shopping complex. In the year to July 2026, fewer large property sales and delays on some construction projects cut revenue by 22.5% and net profit by 52.1%. For the year to July 2027, the company forecasts revenue of 7.0 billion yen (up 19.0%) and net profit of 330 million yen (up 4.8%).
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.
