パパネッツ
福証Q-Board ・ Ticker 9388 ・ Listed
Updated
Offer price
700 yen
First traded price
830 yen
Selling 100 shares at the first traded price would have produced a gain of 13,000 yen, before fees and tax. 100 shares is the minimum trading unit in Japan.
You can only enter this lottery through a broker underwriting it. The lead underwriter is フィリップ・キャピタル証券, which receives the largest allocation.
Broker pages are in Japanese. A comparison in English is on the brokers page.
Takes on work for property management companies and other clients, such as patrolling and inspecting apartment buildings and rental storage containers, and delivering and installing furniture with two-person crews.
The property management company support business, about 77% of revenue in the year to February 2026, handles regular patrols and inspections of apartments, buildings and rental storage containers, pre-move-in checks, and preparing rooms for monthly rental apartments, with the work carried out by the many contractors it has agreements with. The remaining 23% comes from the interior total support business: a nationwide delivery network that carries large furniture with two-person crews and unpacks, assembles and installs it, plus support for running interior trade fairs.
In the year to February 2026 it captured demand for preparing rooms in monthly rental apartments and for outsourced pre-move-in checks, and revenue rose 7.5% and operating profit 25.9%. For the year to February 2027 it forecasts revenue up 7.7% and net profit up 11.4%. In July 2026 it applied to list on the TSE Standard Market and to move to the main board of the Fukuoka Stock Exchange, partly to raise its profile in western Japan, where it is weaker than in the east; whether and when it will list has not been decided.
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.
