Geekly Inc opens at 1,757 yen, IPO at 1,900 yen

Geekly Inc opens at 1,757 yen, IPO at 1,900 yen

Geekly Inc. IPO Pricing and Market Debut: Key Details

Geekly, Inc. (ticker: 505A JP), a Japanese recruitment and human resource services firm specializing in the IT, web, and game industries, is set to debut on the Tokyo Stock Exchange Standard Market on February 27, 2026. The company's initial public offering (IPO) was priced at 1,900 yen per share, within its tentative range of 1,880–1,900 yen. However, the stock opened at 1,757 yen on its first trading day, marking a 7.6% discount to the IPO price.

Geekly, founded in 2011 and headquartered in Shibuya, Tokyo, reported non-consolidated revenue of over 7.1 billion yen for the fiscal year ended May 2025. The IPO is structured as a 100% secondary offering, meaning no new shares are issued. Instead, 3,210,000 existing shares will be sold by current shareholders, including founder Takahiro Okuyama and Bridge Investment Co., Ltd. Proceeds from the offering will flow to these selling shareholders, not the company.

Nomura Securities Co., Ltd. serves as the lead underwriter. The offering size is approximately 6.1 billion yen (USD 38.53 million), with the share price determined through standard IPO valuation practices, including company valuation, growth potential, and market conditions. According to market analysis, the opening price of 1,757 yen reflects immediate market sentiment, which may signal cautious investor confidence. While IPOs can offer opportunities for early participation in high-growth companies, they also carry risks such as volatility and limited historical performance data. Geekly's focus on niche sectors—engineering, creative professionals, and gaming—positions it within a specialized labor market, though broader economic and industry trends will influence its long-term performance.

Investors are advised to conduct thorough due diligence, considering both the company's operational strengths and macroeconomic factors ahead of the listing.