Trial Holdings Inc (Ticker: 141A JP) is a retail company that operates discount stores in Japan, offering a wide range of products including fresh foods, ready-made meals, housewares, and appliances. Trial Holdings Inc will list on March 21, 2024 in Tokyo. The firm is selling 22.85 million shares at the price of JPY 1,700. The expected market capitalization at offer is JPY 202.11 billion (USD 1.34 billion). The total offer size is JPY 38.85 billion (USD 258.24 million). The offering is managed by Citigroup Global Markets Japan Inc, Citigroup Global Markets Ltd, Daiwa Capital Markets Europe Ltd, Daiwa Securities Co Ltd, and Mitsubishi UFJ Morgan Stanley Securities Co. Trial Holdings operates more than 280 stores and plans to use the IPO proceeds for new store openings, renovations, logistics centers, expansion of the central kitchen and processing centers, and other operations.