TSE Growth ・ Ticker 290A ・ Listed
Updated
Offer price
480 yen
First traded price
736 yen
Selling 100 shares at the first traded price would have produced a gain of 25,600 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 Nomura Securities, which receives the largest allocation.
Broker pages are in Japanese. A comparison in English is on the brokers page.
A space company that builds and operates its own small SAR (synthetic aperture radar) satellites, StriX, which observe the ground with radio waves, and sells the data and analysis services.
It sells ground data captured by its StriX satellites and offers analysis services for areas such as natural disasters, national security and environmental risk. Its main customers are government bodies such as the Cabinet Office and the Ministry of Defense, and satellites delivered under demonstration projects also count as revenue. At the end of 2025 it was operating four satellites in orbit.
It aims to operate more than 30 satellites from 2028 onward. As of its February 2026 results briefing it planned six launches in 2026 and twelve in 2027, and in September 2026 it completed the launch of its 13th satellite. It won the Ministry of Defense satellite constellation project together with six other companies, and expects services starting in fiscal 2026 to be its main source of revenue in the short to medium term. For the year to December 2026 it forecasts a continued operating loss from its core business but a net profit of 2.62 billion yen thanks to government subsidy income.
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.
