4194：Visional　
IPO Summary and Prospectus Explanation

 Index

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

 AI Analysis

■AI Analysis

■AI Analysis Chart

 CompanyOverview

• Company Name：Visional
• Business：プロフェッショナル人材に特化した会員制転職プラットフォーム「ビズリーチ」等の運営.
• The industry sector is Information&Communication.
• Scheduled to be listed on MOTHERS.
• The company size is that assumed market capitalization is
  approx. 1,673 Million JPY (excluded public offering), approx. 1,780 Million JPY (included public offering).
• The lead manager is 野村・三菱ＵＦＪモルガン・スタンレー.

Initial Public Offering Memo

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

• The company size is assumed market capitalization is
  approx. 1,673 Million JPY (excluded new issues), approx. 1,780 Million JPY (included new issues).
• The total amount of new issues is 106.4 Million JPY.
• The total amount of public offering is 575.8 Million JPY.
• The dilution ratio from the new issues is 6%.
• Rate of offering is aprrox. 34%.
• The number of outstanding shares is 33,463,400 shares (excluded new issues),
  35,591,100 shares (included new issues).
• The number of diluted shares for stock acquisition rights is 6,248,400 shares.
• Date of 180-day lockup release (initially scheduled) is October 18, 2021.
• Date of 180-day lockup release (initially scheduled) is April 16, 2022.

■ Book building schedule | Payment schedule

• Book building Period *1：April 6, 2021(Tue.) - April 9, 2021(Fri.)
  
• Priced date *2     ：April 12, 2021(Mon.)　
• Payment Period *3   ：April 13, 2021(Tue.) - April 16, 2021(Fri.)
  
• Listing Date      ：April 22, 2021(Thu.)

■ Detail of new issue or public offering

• Unit of application：100 shares (Minimum deposit amount is 500,000 JPY.)
• Assumed issue price：4355 JPY
• Tentatively price range：4500 JPY - 5000 JPY
• Public offering price：5000 JPY
• The initial price on listed：7150 JPY(＋43.0％)

• Newly Issued Shares：2,127,700 shares (Domestic：22,500 shares ＋ Overseas：2,105,200 shares)
• Public offering shares：11,515,600 shares (Domestic：1,541,300 shares ＋ Overseas：9,974,300 shares)
• Number of domestic unit：15,638 Unit

• The lead manager is 野村證券/三菱ＵＦＪモルガン・スタンレー証券.
• The another securities companies are ＳＭＢＣ日興証券/みずほ証券/大和証券/楽天証券/ＳＢＩ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