Skyfall
TSE Growth ・ Ticker 625A ・ Listed
Updated
Offer price
1,500 yen
First traded price
1,760 yen
Selling 100 shares at the first traded price would have produced a gain of 26,000 yen, before fees and tax. 100 shares is the minimum trading unit in Japan.
Compared with the first traded price of 1,760 yen.
You can only enter this lottery through a broker underwriting it. The lead underwriter is SBI Securities, which receives the largest allocation.
Broker pages are in Japanese. A comparison in English is on the brokers page.
Runs SKYFLAG, a reward advertising platform that connects advertisers with the mobile games and comic apps whose users try an offer in exchange for in-app rewards.
SKYFLAG, the core business, links three parties — advertisers, the apps that carry the ads such as mobile games and comic apps, and the people who use those apps. Advertisers pay only when a user completes a set action, for instance signing up or staying with a service for a set period, and Skyfall keeps the difference after passing part of that fee to the app that carried the ad. In the year to September 2025 this business was about 96% of revenue, with the rest coming from the poker game Poker Chase, the points app Pocket Play, and SKYORDER, a self-ordering system for restaurants.
The number of media apps that have adopted its own ad format is the measure the company watches most closely. It set up a Korean subsidiary in August 2025 and began serving ads there in its own format from April 2026. The money raised in this offering, a net total of about 1.5 billion yen, is earmarked for hiring, advertising and office costs for an expansion into the United States and Europe from the year to September 2027 onwards.
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.
