4450：Power Solutions Ltd　
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：Power Solutions Ltd
• Business：金融機関に向けた業務コンサルティング・システムの受託開発・運用保守サービス及び業務のアウトソーシング受託、並びに法人に向けたRPAライセンスの販売及び導入サポート等.
• The industry sector is Information&Communication.
• Scheduled to be listed on MOTHERS.
• The company size is that assumed market capitalization is
  approx. 21 Million JPY (excluded public offering), approx. 26 Million JPY (included public offering).
• The lead manager is 大和.

Initial Public Offering Memo

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

• The company size is assumed market capitalization is
  approx. 21 Million JPY (excluded new issues), approx. 26 Million JPY (included new issues).
• The total amount of new issues is 5.7 Million JPY.
• The total amount of public offering is 0.9 Million JPY.
• The dilution ratio from the new issues is 28%.
• Rate of offering is aprrox. 4%.
• The number of outstanding shares is 1,038,000 shares (excluded new issues),
  1,323,700 shares (included new issues).
• The number of diluted shares for stock acquisition rights is 126,744 shares.
• Date of 90-day lockup release (initially scheduled) is December 29, 2019.
• Date of 180-day lockup release (initially scheduled) is March 28, 2020.

■ Book building schedule | Payment schedule

• Book building Period *1：September 12, 2019(Thu.) - September 19, 2019(Thu.)
  
• Priced date *2     ：September 20, 2019(Fri.)　
• Payment Period *3   ：September 24, 2019(Tue.) - September 27, 2019(Fri.)
  
• Listing Date      ：October 1, 2019(Tue.)

■ Detail of new issue or public offering

• Unit of application：100 shares (Minimum deposit amount is 200,000 JPY.)
• Assumed issue price：1870 JPY
• Tentatively price range：1870 JPY - 2000 JPY
• Public offering price：2000 JPY
• The initial price on listed：5110 JPY(＋155.5％)

• Newly Issued Shares：285,700 shares (Domestic：285,700 shares ＋ Overseas：0 shares)
• Public offering shares：42,800 shares (Domestic：42,800 shares ＋ Overseas：0 shares)
• Number of domestic unit：3,285 Unit

• The lead manager is 大和証券.
• The another securities companies are みずほ証券/ＳＢＩ証券/マネックス証券/岩井コスモ証券/いちよし証券/松井証券/極東証券/エース証券.

■ 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