The company raised JPY 122.14 billion in its initial public offering on the Tokyo stock exchange under the ticker symbol of 4385 on June 19, 2018. A total of 40,714,300 shares were sold at a price of JPY 3,000 per share. After the offering, there was a total of 135,331,322 outstanding shares (excluding the over-allotment option) priced at JPY 3,000 per share, valuing the company at JPY 405.99 billion. The total proceeds, before expenses, to the company was JPY 54.47 billion. The underwriters were granted an option to purchase up to an additional 2,840,500 shares from the company to cover over-allotments, if any.