スタートライン
TSE Growth ・ Ticker 477A ・ Listed
Offer price
480 yen
First traded price
935 yen
Selling 100 shares at the first traded price would have produced a gain of 45,500 yen, before fees and tax. 100 shares is the minimum trading unit in Japan.
Compared with the first traded price of 935 yen.
You can only enter this lottery through a broker underwriting it. The lead underwriter is Mizuho Securities, which receives the largest allocation.
Broker pages are in Japanese. A comparison in English is on the brokers page.
A company that works between employers required to hire people with disabilities and disabled people looking for work, handling everything from designing the workplace to recruitment and helping staff stay in their jobs.
It sells to companies satellite offices such as INCLU where its own support staff are stationed, support delivered inside client offices, consulting on disability employment, and recruitment and retention services, earning mostly monthly service fees. Almost all of its revenue comes from the disability employment support business, and recurring monthly fees accounted for 64.4% of revenue in the year to March 2026. It had 373 client companies and supported 2,514 people with disabilities as of the end of March 2026, and about 65% of its clients are listed companies or their subsidiaries.
Its sites are concentrated in the Kanto and Kansai regions plus Niigata, and expanding across the country is its main growth plan, including a first location in the Tokai region planned for the year to March 2027. It also intends to widen its range of services and move further into disability welfare services such as Type B continuous employment support.
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.
