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Geekly

ギークリー

TSE Standard ・ Ticker 505A Listed

Result on listing day

-7.5%

Offer price

1,900 yen

First traded price

1,757 yen

Selling 100 shares at the first traded price would have produced a loss of 14,300 yen, before fees and tax. 100 shares is the minimum trading unit in Japan.

Application period (book building)
2026-02-10 — 2026-02-16
Lottery result
2026-02-18
Listing date
2026-02-27
Cash needed to apply for one lot (100 shares)
about 190,000 yen
Offering size (at the offer price)
7 billion yen ・ 3,691,500 shares
Market capitalisation at listing
24 billion yen
Lock-up
Not translated — this is the wording from the Japanese offering documents, kept verbatim so it matches what your broker shows: 既存株主の全てに180日間

Closing prices after listing

Compared with the first traded price of 1,757 yen.

2026-02-271,670 yen-5.0%
2026-03-021,590 yen-9.5%
2026-03-031,509 yen-14.1%
2026-03-041,350 yen-23.2%
2026-03-051,385 yen-21.2%

Brokers you can apply through

You can only enter this lottery through a broker underwriting it. The lead underwriter is Nomura Securities, which receives the largest allocation.

Broker pages are in Japanese. A comparison in English is on the brokers page.

What stands out

  • Revenue of 9.78 billion yen in the year to May 2026, up 36.9%, with operating profit of 2.16 billion yen, more than three times the previous year
  • A repeat rate of 80.2% among client companies in the year to May 2025
  • Focused only on recruitment for the IT, web and gaming industries

What could go wrong

  • At listing there was no new share issue, only existing shareholders selling, so no new money went to the company
  • Recruitment demand follows how keen companies are to hire, and job openings tend to fall when the economy weakens
  • In the year to May 2025 operating profit fell 41.3% as spending on attracting candidates and personnel costs rose, so profit can swing widely with costs

About the company

A recruitment agency that places people into jobs only in the IT, web and gaming industries.

How it makes money

Its only business is matching people who want to change jobs with companies hiring engineers and similar staff. It is paid by the company on success, as a percentage of the expected annual salary of the person hired. By covering only the IT, web and gaming industries, and by splitting the work between career advisers who handle candidates and staff who handle client companies, supported by its own system, it runs a high volume of interviews and placements. In the year to May 2025 it had 1,417 client companies and a repeat rate of 80.2%.

Where growth is meant to come from

It has raised the number of placements by adding career advisers and improving matching, and lifted the fee per placement through more senior-level hires and a review of its commission rates. For the year to May 2027 the company plans revenue of 12.08 billion yen, up 23.5%, and operating profit of 2.5 billion yen, up 16.2%.

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.