5074：TESS Holdings CO Ltd　
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：TESS Holdings CO Ltd
• Business：再生可能エネルギー発電所の開発・売電、小売電気事業、コージェネレーションシステムを始めとした各種環境・省エネ対策システム等の設計・調達・施工・オペレーション＆メンテナンスほか.
• The industry sector is Construction.
• Scheduled to be listed on TSE1.
• The company size is that assumed market capitalization is
  approx. 596 Million JPY (excluded public offering), approx. 715 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. 596 Million JPY (excluded new issues), approx. 715 Million JPY (included new issues).
• The total amount of new issues is 119.0 Million JPY.
• The total amount of public offering is 72.6 Million JPY.
• The dilution ratio from the new issues is 20%.
• Rate of offering is aprrox. 12%.
• The number of outstanding shares is 35,069,100 shares (excluded new issues),
  42,069,100 shares (included new issues).
• The number of diluted shares for stock acquisition rights is 1,062,000 shares.
• Date of 90-day lockup release (initially scheduled) is April 19, 2021.
• Date of 180-day lockup release (initially scheduled) is October 23, 2021.

■ Book building schedule | Payment schedule

• Book building Period *1：April 12, 2021(Mon.) - April 16, 2021(Fri.)
  
• Priced date *2     ：April 19, 2021(Mon.)　
• Payment Period *3   ：April 20, 2021(Tue.) - April 23, 2021(Fri.)
  
• Listing Date      ：April 27, 2021(Tue.)

■ Detail of new issue or public offering

• Unit of application：100 shares (Minimum deposit amount is 170,000 JPY.)
• Assumed issue price：1700 JPY
• Tentatively price range：1470 JPY - 1700 JPY
• Public offering price：1700 JPY
• The initial price on listed：2010 JPY(＋18.2％)

• Newly Issued Shares：7,000,000 shares (Domestic：4,886,900 shares ＋ Overseas：2,113,100 shares)
• Public offering shares：4,270,000 shares (Domestic：4,270,000 shares ＋ Overseas：0 shares)
• Number of domestic unit：91,569 Unit

• The lead manager is 大和証券.
• The another securities companies are 三菱ＵＦＪモルガン・スタンレー証券/野村證券/ＳＭＢＣ日興証券/みずほ証券/岡三証券/いちよし証券/丸三証券/岩井コスモ証券/ＳＢＩ証券/松井証券.

■ 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