3970：Innovation 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：Innovation Inc
• Business：法人向けインターネットマーケティング支援（成果報酬型の比較・資料請求サイトの運営及びマーケティングオートメーションツールの開発・提供）.
• The industry sector is Information&Communication.
• Scheduled to be listed on MOTHERS.
• The company size is that assumed market capitalization is
  approx. 19 Million JPY (excluded public offering), approx. 24 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. 19 Million JPY (excluded new issues), approx. 24 Million JPY (included new issues).
• The total amount of new issues is 4.3 Million JPY.
• The total amount of public offering is 2.1 Million JPY.
• The dilution ratio from the new issues is 22%.
• Rate of offering is aprrox. 11%.
• The number of outstanding shares is 699,000 shares (excluded new issues),
  852,600 shares (included new issues).
• The number of diluted shares for stock acquisition rights is 146,100 shares.
• Date of 180-day lockup release (initially scheduled) is June 18, 2017.

■ Book building schedule | Payment schedule

• Book building Period *1：December 6, 2016(Tue.) - December 12, 2016(Mon.)
  
• Priced date *2     ：December 13, 2016(Tue.)　
• Payment Period *3   ：December 14, 2016(wed.) - December 19, 2016(Mon.)
  
• Listing Date      ：December 21, 2016(wed.)

■ Detail of new issue or public offering

• Unit of application：100 shares (Minimum deposit amount is 277,000 JPY.)
• Assumed issue price：2570 JPY
• Tentatively price range：2570 JPY - 2770 JPY
• Public offering price：2770 JPY
• The initial price on listed：8700 JPY(＋214.1％)

• Newly Issued Shares：153,600 shares (Domestic：153,600 shares ＋ Overseas：0 shares)
• Public offering shares：74,700 shares (Domestic：74,700 shares ＋ Overseas：0 shares)
• Number of domestic unit：2,283 Unit

• The lead manager is ＳＭＢＣ日興証券.
• The another securities companies are ＳＢＩ証券/みずほ証券/いちよし証券/エース証券/マネックス証券.

■ 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