IPO Filing Overview
Koei Group Co., Ltd, a Japan‑based holding company operating in material recycling, information‑technology asset disposition and industrial waste management, has filed a registration statement with the U.S. Securities and Exchange Commission to list its common shares on the Nasdaq Capital Market under the ticker “KOEI.” Roth Capital Partners is appointed as the underwriter for the offering; the filing did not disclose the number of shares to be offered or the pricing range.
Financial Performance
For the fiscal year ended February 28, 2026, Koei Group reported revenue of $47.7 million, an increase from $43.8 million in the prior year. Net income for the same period rose to $1.9 million, up from $1.2 million a year earlier. Over 95% of the revenue in fiscal years 2025 and 2026 was generated from the sale of recycled materials and the resale of used IT assets, while the remaining approximately 5% derived from industrial waste‑management services and other service fees.
Geographic Presence
The company operates through consolidated subsidiaries located in Japan, Singapore, Thailand and the United States.
Capital Structure Adjustments
Koei Group completed a 30,000‑for‑1 forward stock split of its outstanding common shares on September 8 2025. In connection with the IPO, the underwriters have been granted a 45‑day option to purchase additional common shares to cover any over‑allotments.