Growthlisted311A

Nihon Cloud Infrastructure

日本クラウドインフラ

SaaS · Listed 2025-05-07

Price Overview

Offer Price

¥3,600

Range: ¥3,200–¥3,800

First Day Open

¥5,400

First Day Close

¥5,100

Current Price

¥700

Post-IPO Returns

1st Day

—

30d

—

90d

—

180d

—

-80.6%

52W High

¥700

52W Low

¥700

Avg Volume

Business Description

Nihon Cloud Infrastructure provides Japanese-compliant cloud infrastructure with data sovereignty guarantees. ISMAP-certified for government and defense workloads.

Risk Factors

Intense competition from AWS/Azure/GCP
High capex for data center infrastructure
Government procurement timeline risks

Offering Details

Lead UnderwriterMorgan Stanley

Bookbuilding2025-04-23 – 2025-04-28

Shares (Koubo)1,500,000

Shares (Uridashi)300,000

Overallotment270,000

Lock-up

Typeboth

Period180 days

Price Trigger¥5,400

Financials

Revenue (Latest)¥9M

Revenue (Prev)¥5M

Revenue Growth66.7%

Op. Margin20.0%

Net Income¥1M

Ownership

CEOMasahiro Ito

Founder Ownership32.0%

VC Ownership18.0%

Employees350

Founded2017-11-01

Use of Proceeds

Data center expansion (Osaka, Fukuoka), government cloud certification, security features