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Softtex

ソフトテックス

TSE Standard ・ Ticker 550A Listed

Result on listing day

+64.9%

Offer price

1,940 yen

First traded price

3,200 yen

Selling 100 shares at the first traded price would have produced a gain of 126,000 yen, before fees and tax. 100 shares is the minimum trading unit in Japan.

Application period (book building)
2026-03-24 — 2026-03-30
Lottery result
2026-04-01
Listing date
2026-04-09
Cash needed to apply for one lot (100 shares)
about 194,000 yen
Offering size (at the offer price)
539 million yen ・ 277,900 shares
Market capitalisation at listing
1.7 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180日間

Closing prices after listing

Compared with the first traded price of 3,200 yen.

2026-04-092,613 yen-18.3%
2026-04-103,115 yen-2.7%
2026-04-133,815 yen+19.2%
2026-04-144,515 yen+41.1%
2026-04-154,115 yen+28.6%

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.

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

What stands out

  • An independent system developer founded in 1984, tied to no hardware maker group, serving both corporate and medical customers
  • A certified IT support office of the Japan Medical Association, with 1,750 ORCA billing software sites handled as of April 2026, 60 of them hospitals
  • For the year to March 2027 the company forecasts higher revenue and profit and a dividend of 75 yen a share, including a 5 yen listing commemorative dividend

What could go wrong

  • About 65% of the software development business is engineer support, where staff work at the client site, so results depend on hiring and keeping engineers
  • 57.7% of orders in that business come through systems integrators, leaving it exposed to how those prime contractors place work
  • Demand in medical IT shifts with changes to medical fee rules and to government subsidies

About the company

An independent IT company based in Nagoya that builds systems for businesses under contract and provides IT support to medical institutions.

How it makes money

The work splits in two. One is software development, designing and building systems for companies and public bodies, which was 73.9% of revenue in the year to March 2025. The other is medical IT, the remaining 26% or so. In medical IT it installs and maintains ORCA, the medical billing software created by the Japan Medical Association, and as a certified support office it had handled 1,750 sites as of April 2026.

Where growth is meant to come from

For the year to March 2027 the company forecasts revenue of about 3.95 billion yen and operating profit of about 325 million yen, both above the previous year. Most of the money raised at listing is earmarked for hiring and training engineers, so that a larger workforce can take on more work.

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.