Tokyo-based social game maker enish got listed at the Tokyo Stock Exchange’s Mothers section for startups today (ticker: 3667), as announced last month.
The stock price went up from 800 Yen to 1,360 Yen, helping the company to reach a 3.3 billion yen (US$40 million) market cap. In other words, enish’s IPO was relatively small.
To put the number into perspective, here are the current market caps for other listed social game providers in Japan:
- Voltage: US$55 million
- Drecom: US$115 million
- Crooz: US$145 million
- KLab: US$187 million
- Ateam: US$364 million
enish is a close GREE partner. US tech blog VentureBeat recently mentioned the company’s IPO in a detailed article on mobile gaming in Japan.
Another Tokyo-based mobile game maker, Colopl, will get listed on Thursday.
