サイバーソリューションズ
TSE Growth ・ Ticker 436A ・ Listed
Updated
Offer price
1,380 yen
First traded price
1,914 yen
Selling 100 shares at the first traded price would have produced a gain of 53,400 yen, before fees and tax. 100 shares is the minimum trading unit in Japan.
Compared with the first traded price of 1,914 yen.
You can only enter this lottery through a broker underwriting it. The lead underwriter is Daiwa Securities, which receives the largest allocation.
Broker pages are in Japanese. A comparison in English is on the brokers page.
Provides cloud email and email security services to companies and local governments in Japan.
It reports a single segment, but the work splits in two. Security covers email sanitisation and data-leak prevention; communication covers corporate email, business chat and groupware. Most revenue is monthly subscription fees, and at the time of the listing filing the effective churn rate on its cloud services was zero or below, meaning existing customers expanding their use more than offset cancellations. It develops no products in house, outsourcing that to partner firms in what it calls a fabless model, which keeps fixed costs down. Its operating margin was 42.5% in the year to April 2026.
For the year to April 2027 the company forecasts revenue of 4.0 billion yen, up 13.5%, and operating profit of 1.8 billion yen, up 20.0%. Its stated approach is a hybrid one, earning steadily in the mature market for corporate email while growing in the expanding market for email security, and it is rolling out AI-based services such as a gateway that detects misaddressed email. In the year to April 2026, its first full year as a listed company, it paid a dividend of 32 yen a share, a payout ratio of 45.5%.
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.
