4478：freee K K　
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：freee K K
• Business：スモールビジネス向けクラウドERPサービスの提供.
• The industry sector is Information&Communication.
• Scheduled to be listed on MOTHERS.
• The company size is that assumed market capitalization is
  approx. 824 Million JPY (excluded public offering), approx. 933 Million JPY (included public offering).
• The lead manager is 三菱ＵＦＪモルガン・スタンレー・大和・メリルリンチ日本.

Initial Public Offering Memo

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

• The company size is assumed market capitalization is
  approx. 824 Million JPY (excluded new issues), approx. 933 Million JPY (included new issues).
• The total amount of new issues is 108.7 Million JPY.
• The total amount of public offering is 262.6 Million JPY.
• The dilution ratio from the new issues is 13%.
• Rate of offering is aprrox. 32%.
• The number of outstanding shares is 41,204,691 shares (excluded new issues),
  46,639,891 shares (included new issues).
• The number of diluted shares for stock acquisition rights is 6,144,900 shares.
• Date of 180-day lockup release (initially scheduled) is June 13, 2020.
• Date of 180-day lockup release (initially scheduled) is December 10, 2020.

■ Book building schedule | Payment schedule

• Book building Period *1：December 3, 2019(Tue.) - December 6, 2019(Fri.)
  
• Priced date *2     ：December 9, 2019(Mon.)　
• Payment Period *3   ：December 10, 2019(Tue.) - December 13, 2019(Fri.)
  
• Listing Date      ：December 17, 2019(Tue.)

■ Detail of new issue or public offering

• Unit of application：100 shares (Minimum deposit amount is 200,000 JPY.)
• Assumed issue price：1800 JPY
• Tentatively price range：1800 JPY - 2000 JPY
• Public offering price：2000 JPY
• The initial price on listed：2500 JPY(＋25.0％)

• Newly Issued Shares：5,435,200 shares (Domestic：167,100 shares ＋ Overseas：5,268,100 shares)
• Public offering shares：13,130,800 shares (Domestic：5,402,700 shares ＋ Overseas：7,728,100 shares)
• Number of domestic unit：55,698 Unit

• The lead manager is 三菱ＵＦＪモルガン・スタンレー証券/大和証券/メリルリンチ日本証券.
• The another securities companies are ＳＢＩ証券/野村證券/みずほ証券/岩井コスモ証券/東洋証券/楽天証券/いちよし証券/エース証券/ちばぎん証券/東海東京証券/松井証券/丸三証券/水戸証券.

■ 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