3960：VALUEDESIGN INC　
IPO Summary

 Index

• AI-Analysis
• CompanyOverview
• Initial Public Offering Memo
• Financial Memo
• Major Shareholders Memo

 AI Analysis

■AI Analysis

■AI Analysis Chart

 CompanyOverview

• Company Name：VALUEDESIGN INC
• Business：サーバー管理型プリペイドカード、ギフトカードシステムの提供及び関連する機器、カード等の販売.
• The industry sector is Information&Communication.
• Scheduled to be listed on MOTHERS.
• The company size is that assumed market capitalization is
  approx. 23 Million JPY (excluded public offering), approx. 29 Million JPY (included public offering).
• The lead manager is ＳＭＢＣ日興.

Initial Public Offering Memo

■ Market Cap | Offering rate | Dilution rate | lock-up information

• The company size is assumed market capitalization is
  approx. 23 Million JPY (excluded new issues), approx. 29 Million JPY (included new issues).
• The total amount of new issues is 5.5 Million JPY.
• The total amount of public offering is 1.4 Million JPY.
• The dilution ratio from the new issues is 23%.
• Rate of offering is aprrox. 6%.
• The number of outstanding shares is 1,140,600 shares (excluded new issues),
  1,408,600 shares (included new issues).
• The number of diluted shares for stock acquisition rights is 180,700 shares.
• Date of 90-day lockup release (initially scheduled) is December 24, 2016.
• Date of 180-day lockup release (initially scheduled) is March 24, 2017.

■ Book building schedule | Payment schedule

• Book building Period *1：September 7, 2016(wed.) - September 13, 2016(Tue.)
  
• Priced date *2     ：September 14, 2016(wed.)　
• Payment Period *3   ：September 15, 2016(Thu.) - September 21, 2016(wed.)
  
• Listing Date      ：September 26, 2016(Mon.)

■ Detail of new issue or public offering

• Unit of application：100 shares (Minimum deposit amount is 204,000 JPY.)
• Assumed issue price：1860 JPY
• Tentatively price range：1860 JPY - 2040 JPY
• Public offering price：2040 JPY
• The initial price on listed：4315 JPY(＋111.5％)

• Newly Issued Shares：268,000 shares (Domestic：268,000 shares ＋ Overseas：0 shares)
• Public offering shares：68,900 shares (Domestic：68,900 shares ＋ Overseas：0 shares)
• Number of domestic unit：3,369 Unit

• The lead manager is ＳＭＢＣ日興証券.
• The another securities companies are みずほ証券/ＳＢＩ証券/エイチ・エス証券/東洋証券/岡三証券/いちよし証券/岩井コスモ証券.

■ New issue or public offering - condition history

※：( ) indicates the breakdown.
e.g. In the case of a PO(overseas), there are domestic and overseas allotments of the public offering, of which the overseas allotment is indicated.
PO : Public offering　OA : Over allotment