TSE Growth ・ Ticker 280A ・ Listed
Updated
Offer price
1,500 yen
First traded price
2,128 yen
Selling 100 shares at the first traded price would have produced a gain of 62,800 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 SBI Securities, which receives the largest allocation.
Broker pages are in Japanese. A comparison in English is on the brokers page.
A semiconductor services company based in Oita City that buys and sells used chip-making equipment and sells and repairs equipment parts for semiconductor factories.
Its main businesses are buying and reselling used semiconductor manufacturing equipment, and selling and repairing equipment parts (such as vacuum pump repairs). It also runs LAYLA, a cross-border e-commerce site for business buyers of semiconductor parts. In the year to November 2025, 7.28 billion yen of its 8.63 billion yen in revenue came from China, and sales to its largest customer, a Chinese company (New Eastech (Shanghai)), were 5.39 billion yen. As a rule it receives payment from customers before paying its suppliers.
On top of its existing businesses, it aims to build a new pillar as a sales agent for advanced equipment to major domestic chipmakers. For the year to November 2026 the company forecasts revenue of 3.18 billion yen and a net loss of 195 million yen, partly because it had fewer chances to buy large used equipment (the forecast was cut in July 2026).
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.
