リップス
TSE Growth ・ Ticker 373A ・ Listed
Updated
Offer price
3,130 yen
First traded price
3,200 yen
Selling 100 shares at the first traded price would have produced a gain of 7,000 yen, before fees and tax. 100 shares is the minimum trading unit in Japan.
Compared with the first traded price of 3,200 yen.
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.
A men's beauty company that develops and sells hair and skincare products and runs the LIPPS men's hair salon chain as a franchisor.
It has two sources of revenue. The first is its product business, planning hair styling, skincare and makeup items under the LIPPS BOYS brand and selling them through drugstores and variety stores nationwide as well as its own online store. The second is its salon franchise business, where it acts as the franchisor of the LIPPS hair men's salon chain and earns income from franchisees. Stylists who build their own following also act as the brand's voice, so product awareness and salon traffic reinforce each other. The company had 48 employees at the end of August 2025, excluding part-timers.
The strategy is to widen the distribution of its products while using the franchised salon network to build brand awareness. In the year to August 2025 revenue reached 4.41 billion yen and net profit 650 million yen, both records for the company. For the year to August 2026 it forecasts revenue of 4.75 billion yen and net profit of 490 million yen, so sales are expected to grow while profit falls below the previous year.
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.
