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Twin sisters score Japan's hottest IPO by making games for women


Coly Inc mobile game ‘Promise Of Wizard’ on a smartphone in Kawasaki, Kanagawa Prefecture, Japan. Coly’s co-founders Anna and Mizuki Nakajima took their seven-year-old mobile games studio public Friday, and the stock doubled, the strongest market debut of 2021. Bloomberg
To the growing list of things that make gaming startup Coly Inc unusual, it can add one of the best market debuts in recent Japanese history.
Co-founders Anna and Mizuki Nakajima – they’re twins – took their seven-year-old mobile games studio public on Feb 26, and the stock doubled, the strongest market debut of 2021. As of Tuesday’s close, each sister’s 33.75% stake was worth 15.2bil yen (RM574.52mil). ....

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