As of 2:00 p.m. on the 28th, Inuneko Seikatsu <556A> ranked 5th in "rising sell predictions" according to Minkabu's aggregated "Individual Investor Predictions (Latest 48 Hours)".

The company is one of the recent IPO stocks that listed on the Tokyo Stock Exchange Growth Market on the 23rd. On its first day of trading, the stock opened at 3,500 yen, 510 yen (17.1%) above the offering price of 2,990 yen. It continued to attract buying interest and rose to the daily limit of 4,200 yen, closing the first day at that level.

The company's main business is the planning, manufacturing, and sales of pet-related products. It operates three business segments: "Seikatsu Hanbai" (Life Sales), which focuses on planning and selling original pet food under the "Inuneko Seikatsu" brand; "Seikatsu Service" (Life Services), which operates veterinary clinics and grooming salons; and "Entertainment," which organizes and participates in events for dogs and cats. The pet food market has been growing regardless of economic conditions, and the company has outlined aggressive growth strategies including active M&A of veterinary clinics, raising high expectations for business expansion.

The stock price closed at the daily limit of 4,900 yen on the 24th, the second day of trading. On the third day, the 27th, it rose to the daily limit of 5,400 yen but subsequently reversed and closed at the daily limit down of 4,200 yen. These price movements appear to have contributed to the rise in sell predictions.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.