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KOMPEITO

TSE Growth ・ Ticker 618A Applications open

Application period (book building)
2026-08-27 — 2026-09-02
Lottery result
2026-09-03
Listing date
2026-09-11
Cash needed to apply for one lot (100 shares)
about 160,000 yen
Tentative price range (kari-joken)
1,560 — 1,600 yen
Offering size (estimated)
7.7 billion yen ・ 4,817,500 shares
Market capitalisation at listing
16 billion yen
Lock-up
Not translated — this is the wording from the Japanese offering documents, kept verbatim so it matches what your broker shows: 既存株主に90日間(公開価格の1.5倍を超えると解除)・180日間・360日間の3種類

Brokers you can apply through

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

SBI証券松井証券マネックス証券SBIネオトレード証券静銀ティーエム証券中銀証券八十二証券西日本シティTT証券ひろぎん証券九州FG証券DMM.com証券

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

What stands out

  • Its in-office canteen OFFICE DE YASAI had 6,644 contracted companies at the end of May 2026
  • Revenue rose 85% in the year to August 2025, and it turned an ordinary profit in the first three quarters of the year to August 2026
  • The tax-free allowance for employer-provided meals was raised from 3,500 yen to 7,500 yen a month in April 2026

What could go wrong

  • Venture capital and other investment funds hold about 60% of the shares, which is likely to weigh on the stock after listing
  • Only 50,000 new shares are being issued against 4,139,300 shares sold by existing holders, and the offering is large at about 7.5 billion yen
  • No full-year earnings forecast is disclosed in the filing, so it is not yet settled whether the return to profit will hold for the full year

About the company

Runs an in-office canteen service that places refrigerators in workplaces so employees can buy salads and boxed meals from about 100 yen an item.

How it makes money

Its main business is OFFICE DE YASAI, an in-office canteen service that puts refrigerators and freezers in workplaces and delivers salads, fruit and boxed meals. The client company pays a monthly service fee and employees buy individual items from 100 yen each, and this business accounts for about 95% of revenue. At the end of May 2026 it had 6,644 contracted companies and annual recurring revenue of 8.92 billion yen, so income that builds up month by month is the core of its earnings.

Where growth is meant to come from

It plans to widen adoption among smaller regional companies through about 270 sales partners, mainly regional banks, and to raise the amount each client spends. In April 2026 the tax-free allowance for employer-provided meals was raised from 3,500 yen to 7,500 yen a month, the first change in 42 years, which the company describes as a tailwind. It is also acquiring dairy delivery businesses to make its own logistics more efficient, and has started a service in the United States.

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.