SURIGIKEN CO.,LTD., a Tokyo systems integrator working across business, infrastructure and scientific-technology software, listed on the Tokyo Stock Exchange's TOKYO PRO Market on August 24, 2026. Its own disclosure is unusually candid about why: the company says it has lost large contracts and competitive tenders not for lack of technical skill, but because procurement rules at bigger clients often screen bidders on financial scale and organizational credibility, criteria an unlisted vendor cannot easily satisfy.
SURIGIKEN built its pitch around CoreSaver®, a self-developed in-memory database engine it uses to deliver high-value solutions to customers across a range of industries. Management argues that without listed status, that technology alone was not enough to get invited to bid against larger competitors. The second stated reason is recruiting: Japan's engineer shortage has intensified competition for developers, and the company believes public-market credibility will reassure prospective hires and their families, supporting recruitment and retention.
The numbers filed alongside the listing show the near-term cost of that strategy. For the year to September 2026, SURIGIKEN forecasts net sales of ¥1.25bn, up 4.7% on the prior year, but operating profit of ¥120mn, down 14.5%. Management attributes the profit decline to higher outsourcing costs from staff additions and to upfront spending on governance and management structure, including an expanded executive team, ahead of the listing. Net profit is still expected to rise 3.4% to ¥135mn, helped by a deferred tax asset adjustment. The company forecasts an annual dividend of ¥10.00 per share, adjusted for a 10-for-1 stock split completed on May 18, 2026, which lifted shares outstanding from 229,388 to 2,293,880.
| Metric | Year to Sept 2026 (forecast) | H1 to March 2026 (actual) | Year to Sept 2025 (actual) |
|---|---|---|---|
| Net sales (¥mn) | 1,250 | 530 | 1,194 |
| Operating profit (¥mn) | 120 | 22 | 140 |
| Net profit (¥mn) | 135 | 14 | 131 |
| EPS (¥) | 59.23 | 6.28 | 58.03 |
| Dividend per share (¥) | 10.00 | — | 10.00 |
Interim results to March 2026 show where the revenue is coming from. Business-systems work, including continued maintenance of a core system for a major menswear retailer, brought in ¥401mn. Infrastructure-systems work for existing clients, including Japan's National Institute of Advanced Industrial Science and Technology and the National Institute of Informatics, added ¥117mn. The smallest segment, scientific and technology systems, generated ¥11.9mn, including a manufacturing-optimization model built for a food maker following an earlier proof-of-concept.
Separately, SURIGIKEN named Aizawa Securities as the designated liquidity provider for its new listing. The company's own filing flags that its interim financial statements were not reviewed by an outside auditor, and that the full-year forecast is management's estimate, explicitly not a guarantee of results.