Tokyo IPO TactiX "Large Shareholding Report Information Service" just started!! Tokyo IPO TactiX is an email notification service that provides institutional investor trading trends based on "Large Shareholding Reports" disclosed by the Financial Services Agency. By registering companies and institutional investors of interest, once related Large Shareholding Reports have been submitted, we will send you emails informing you of increases and decreases in shareholdings. You will also be able to view past data beginning from January 2005 and "TactiX Charts," which provide graphs of stock price and equity transitions. Registering for the fee-based service will enable you to view over one week's worth of information...... Current IPO Market Analysis and Outlook for later half of 2008 Tokyo IPO.com Chief Editor Takashi Nishibori The number of IPOs in 2008 thus far is the smallest in ten years. During the first seven months of the year, only 25 companies went public. July had one IPO, the fourth consecutive month with only a single offering. Media reports about IPOs have almost disappeared. Nikkei Veritas alone is still publishing articles about the IPO market. But this company is having difficulty finding subjects to write about, just as I do with my monthly report. ...... IPO Report 18-Jul-08 START TODAY CO.LTD.(3092 MOTHERS) 14-Jul-08 Primeworks Corporation(3627 MOTHERS) 3-Jul-08 SMS CO,.LTD(2175 MOTHERS) 27-Jun-08 Ｒ-Tech Ueno, Ltd.(4573 HCS) 18-Jun-08 Billing System Corporation(3623 MOTHERS)

+Current Approved IPO Companies

September 5   SUNNY SIDE UP (2180・HRLS・100)
From public relations / sales promotion consulting to strategic planning / policy formulation and implementation.Management of athletes and distinguished persons. (artists, cultural figures etc)Planning / creation of various kinds of information contents.

August 22   SEIGAKUSYA (2179・JAQ・1)
Management of cram schools, etc.