Japanese group home operator Amatuhi Holdings triples shares offered ahead of $15 million US IPO
April 17, 2026 News
Japanese group home operator Amatuhi Holdings increases proposed IPO range to $7 to $9 ahead of $24 million US IPO
Amatuhi Holdings, a Japanese operator of group homes for individuals with disabilities, raised the proposed deal size for its upcoming IPO on Friday.
The Yokohama, Japan-based company now plans to raise $24 million by offering 3 million shares at a price range of $7 to $9. The company had previously filed to offer the same number of shares at a price range of $4 to $6. At the midpoint of the revised range, Amatuhi Holdings will raise 60% more in proceeds than previously anticipated.
IPO Overview
Amatuhi Holdings, a Japanese operator of group homes for individuals with disabilities, raised the proposed deal size for its upcoming IPO on Friday.
The Kanagawa, Japan-based company now plans to raise $15 million by offering 3 million shares at a price range of $4 to $6. The company had previously filed to offer 1 million shares at the same range. At the midpoint of the revised deal size, Amatuhi Holdings will raise 200% more in proceeds than previously anticipated and command a market cap of $118 million （+9.3% versus previous term）。
The company operates group homes in Japan for people with disabilities, providing communal living assistance, daily support services, and housing. Its operations are primarily funded through government programs.
The Kanagawa, Japan-based company was founded in 2021 and plans to list on the Nasdaq under the symbol AMTU. Spartan Capital Securities is the sole bookrunner on the deal.
About the Company
MATUHI HOLDINGS, Inc., was incorporated on June 24, 2025 in Delaware to act as the holding company of AMATUHI Inc. AMATUHI Inc. （“AMATUHI”） was incorporated on February 22, 2021 and is an operating company in Japan with the headquarter in Yokohama, Kanagawa and a branch in Osaka. AMATUHI operates under the “AMANEKU” brand in Japan. Life Shine Co. Ltd. （“Life Shine） is a wholly owned subsidiary of AMATUHI, and it was acquired in August, 2024. Life Shine was originally founded in 1993 and operates its business in the welfare industry. In 2003, Life Shine built a leading-edge home for seniors. This subsidiary operates elderly care facilities that provides specialized dementia care and hospice care. Its operations represent a small portion of AMATUHI’s business; and, it not considered material to our overall business. Our company operates group homes in Japan for people with disabilities under the brand name of “AMANEKU.” “AMANEKU” is a “communal living assistance” service based on the “Comprehensive Support for Persons with Disabilities Act” which is implemented based on the self-support benefits provided by the Japanese government under the act. The act supports people who wish to live independently so that they can advance toward their respective goals through communal living in small groups and interaction with the local community.