Tokyo IPO

Japanese

Innovacell Inc.

Code Sector Market
504A Pharmaceuticals Growth
Date of listing approval 2026/01/19
Expected Date 2026/02/24
Lead Underwriter Nomura Securities Co., Ltd    
Description  
Listed Shares(total) 9,125,300
Trading Unit 100
New Shares 8,400,000
Existing Shares 725,300
Shares Outstanding PreIPO 33,335,702.00
PostIPO 41,735,702.00
Paid Up Capital PreIPO Y4,131,360,000
PostIPO  
Expected Pricing Date 2026/02/04
Book Building Start 2026/02/05
Book Building End 2026/02/10
Fix Date 2026/02/12
Offering Starts 2026/02/13
Offering Ends 2026/02/18
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 - -514,321
Net Profit - -515,271
Net Assets - 1,811,061
Fiscal Year End:2023/12
Consolidated Non-consolidated
Revenue - -
Current Profit -2,000,857 -515,539
Net Profit -2,002,340 -516,489
Net Assets -1,737,916 2,129,572
Fiscal Year End:2024/12
Consolidated Non-consolidated
Revenue - -
Current Profit -2,391,551 -771,949
Net Profit -2,392,439 -772,899
Net Assets -1,956,100 3,637,134
Recent Quarter
2025/09
Consolidated Non-consolidated
Revenue - -
Current Profit -2,093,627 -
Net Profit -2,094,596 -
Net Assets 316,149 -

Per Share Units:Y1

Fiscal Year End:2022/12
Consolidated Non-consolidated
Dividend 0.00
Net Earning - -
Equity -20.64 68.13
Fiscal Year End:2023/12
Consolidated Non-consolidated
Dividend 0.00
Net Earning -75.39 -96.94
Equity -19.45 48.68
Fiscal Year End:2024/12
Consolidated Non-consolidated
Dividend 0.00
Net Earning -89.42 -64.57
Equity -28.89 119.89

Comment

ąŁOver allotment (1,368,700)

Consolidated Subsidiaries

Name Address

Underwriters

Allocation Underwriter Tel
0% Nomura 03-3211-1811
0% Nomura Securities Co., Ltd 03-3211-1811
0% SBI SECURITIES Co.,Ltd. 03-5562-7210

Data

Date of incorporation 2021/01/05
Company address  Tokyo 141-0021
Telephone 03-6555-4437
President  
Homepage https://www.innovacell.co.jp/
Auditor Avantia GP
Major Shareholders
Shareholder Name Ratio
86.62%
  9.45%
  9.45%
  6.45%
  6.36%
  6.36%
  6.16%
  6.08%
  4.31%
  3.51%
  3.08%
Number of Employees 13 as of 2025/11/30
Birth Date of Representative 1981/04/03

Comment