Tokyo IPO

Japanese

PowerX, Inc.

Code Sector Market
485A Electric Equipment Growth
Date of listing approval 2025/11/21
Expected Date 2025/12/19
Lead Underwriter Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. SMBC Nikko Securities Inc.  
Description  
Listed Shares(total) 8,388,300
Trading Unit 100
New Shares 4,166,700
Existing Shares 4,221,600
Shares Outstanding PreIPO 32,132,000.00
PostIPO 36,298,700.00
Paid Up Capital PreIPO Y2,270,000,000
PostIPO  
Expected Pricing Date 2025/12/03
Book Building Start 2025/12/03
Book Building End 2025/12/09
Fix Date 2025/12/10
Offering Starts 2025/12/11
Offering Ends 2025/12/16
Expect Pricing  - 
Notional PER
(based on previous period)
 - 
Offering Price  
Offering Price PER
(based on previous period)
 - 
Offering Price PBR
(based on previous period)
 
Use of Funds Raised  

Financial Data

Units:Y1,000

Fiscal Year End:2022/12
Consolidated Non-consolidated
Revenue - -
Current Profit - -2,004,000
Net Profit - -2,255,000
Net Assets - 5,967,000
Fiscal Year End:2023/12
Consolidated Non-consolidated
Revenue 327,000 327,000
Current Profit -5,737,000 -5,737,000
Net Profit -6,166,000 -6,157,000
Net Assets 5,244,000 5,252,000
Fiscal Year End:2024/12
Consolidated Non-consolidated
Revenue 6,161,000 6,161,000
Current Profit -5,702,000 -5,699,000
Net Profit -8,013,000 -8,008,000
Net Assets 1,670,000 1,682,000
Recent Quarter
2025/09
Consolidated Non-consolidated
Revenue 7,323,000 -
Current Profit -2,986,000 -
Net Profit -3,046,000 -
Net Assets 482,000 -

Per Share Units:Y1

Fiscal Year End:2022/12
Consolidated Non-consolidated
Dividend 0.00
Net Earning - -
Equity -136.08 -112.01
Fiscal Year End:2023/12
Consolidated Non-consolidated
Dividend 0.00
Net Earning -253.78 -306.64
Equity -253.44 -306.35
Fiscal Year End:2024/12
Consolidated Non-consolidated
Dividend 0.00
Net Earning -280.07 -535.46
Equity -279.92 -535.05
Fiscal Year End:Recent Quarter
2025/09
Consolidated Non-consolidated
Dividend
Net Earning -95.77 -
Equity - -

Comment

ąŁOver allotment (1,258,200)

Consolidated Subsidiaries

Name Address

Underwriters

Allocation Underwriter Tel
0% Nomura 03-3211-1811
0% Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. 03-6213-8500
0% Mitsubishi UFJ Morgan Stanley Securities Co., Ltd 03-5424-5000
0% SMBC Nikko Securities Inc. 03-5644-3111
0% Nomura Securities Co., Ltd 03-3211-1811
0% Mizuho Securities Co., Ltd 03-5208-3210
0% SBI SECURITIES Co.,Ltd. 03-5562-7210
0% Monex, Inc 03-4323-3800
0% Matsui Securities Co., Ltd 03-5216-0606
0% Chugin Securities Co., Ltd. 086-235-3441
0% OKASAN SECURITIES GROUP INC 03-3272-2211
0% IwaiCosmo Securities Co.,Ltd. 06-6229-2890

Data

Date of incorporation 2021/03/22
Company address  Okayama 706-0001
Telephone 03-4400-7296
President  
Homepage https://power-x.jp/
Auditor Deloitte Touche Tohmatsu LLC
Major Shareholders
Shareholder Name Ratio
86.62%
  12.95%
  12.91%
  8.85%
  5.69%
  2.97%
  2.39%
  2.34%
  2.29%
  2.23%
  2.01%
Number of Employees 164 as of 2025/09/30
Birth Date of Representative 1983/09/05

Comment