Neis

ネイス

TSE Growth ・ Ticker 589A ・ Listed

Result on listing day

+11.8%

Offer price

1,320 yen

First traded price

1,476 yen

Selling 100 shares at the first traded price would have produced a gain of 15,600 yen, before fees and tax. 100 shares is the minimum trading unit in Japan.

Application period (book building): 2026-06-12 — 2026-06-18
Lottery result: 2026-06-19
Listing date: 2026-06-30
Cash needed to apply for one lot (100 shares): about 132,000 yen
Offering size (at the offer price): 1.7 billion yen ・ 1,322,500 shares
Market capitalisation at listing: 5.4 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
Company website: https://ne-is.com/

Closing prices after listing

Compared with the first traded price of 1,476 yen.

2026-06-301,776 yen+20.3%

2026-07-012,176 yen+47.4%

2026-07-021,676 yen+13.6%

2026-07-031,348 yen-8.7%

2026-07-061,487 yen+0.7%

Brokers you can apply through

You can only enter this lottery through a broker underwriting it. The lead underwriter is 岡三証券, which receives the largest allocation.

SBI証券松井証券マネックス証券岡三証券

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

What stands out

The company says it has more gymnastics studios than any other operator in Japan, and over 90% sit inside shopping centres, which makes them easy to get to
Revenue is on track to grow from 1.14 billion yen in the year to August 2022 to a forecast 3.65 billion yen in the year to August 2026
More than 50,000 enrolled children, with monthly fees giving the business a recurring revenue base

What could go wrong

Japan's falling birth rate means fewer children over the long run, an effect the company itself expects to feel 15 to 20 years out
Much of the store expansion depends on franchisees, so results are sensitive to how well those partners run their sites
The company discloses that its free-float ratio is close to the minimum the Tokyo Stock Exchange Growth Market requires for continued listing

About the company

Runs children's gymnastics schools across Japan, mostly inside shopping centres, and also operates support facilities for children with developmental disabilities.

How it makes money

Its main business is NEIS Gymnastics, for children from age two up to junior high school age. More than 90% of its studios sit inside shopping centres, so a class fits into a trip the parent was already making. Income comes from monthly fees at company-run studios plus royalties and opening-support fees from franchisees, who run about two thirds of all locations. Its second pillar, NEIS Plus, provides exercise-based therapy for children with developmental disabilities, and roughly 90% of the cost is covered by public funding rather than by the family.

Where growth is meant to come from

It has set a medium-term target of 530 locations, made up of 500 gymnastics studios and 30 developmental-support facilities, and expects franchising to drive most of that expansion. It set up a Malaysian subsidiary in October 2024 and is preparing its first overseas studio as a step into Southeast Asia. It is also developing a new type of class aimed at older primary and junior high school students.

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.