Tokyo IPO

Japanese

Headwaters Co.,Ltd

Code Sector Market
4011 Communications MTH
Date of listing approval 2020/08/24
Expected Date 2020/09/29
Lead Underwriter Mizuho    
Description AI solution business (provides solution business that solves corporate management issues through IT and AI system development)
Listed Shares(total) 115,000
Trading Unit 100
New Shares 100,000
Existing Shares 15,000° only O.A.°ň
Shares Outstanding PreIPO 822,800.00
PostIPO 922,800.00
Paid Up Capital PreIPO Y243,866,000
PostIPO Y354,266,000
Expected Pricing Date 2020/09/07
Book Building Start 2020/09/09
Book Building End 2020/09/15
Fix Date 2020/09/16
Offering Starts 2020/09/17
Offering Ends 2020/09/24
Expect Pricing Y2,240-Y2,400
Notional PER
(based on previous period)
18.40-19.72
Offering Price Y2,400
Offering Price PER
(based on previous period)
 - 
Offering Price PBR
(based on previous period)
5.16
Use of Funds Raised  

Financial Data

Units:Y1,000

Fiscal Year End:2017/12
Consolidated Non-consolidated
Revenue - 922,377
Current Profit - 19,542
Net Profit - 17,204
Net Assets - 238,970
Fiscal Year End:2018/12
Consolidated Non-consolidated
Revenue - 933,880
Current Profit - 51,377
Net Profit - 43,472
Net Assets - 282,442
Fiscal Year End:2019/12
Consolidated Non-consolidated
Revenue - 1,067,746
Current Profit - 121,381
Net Profit - 100,153
Net Assets - 382,595
Recent Quarter
2020/06
Consolidated Non-consolidated
Revenue - 588,647
Current Profit - 131,853
Net Profit - 110,867
Net Assets - 493,462

Per Share Units:Y1

Fiscal Year End:2017/12
Consolidated Non-consolidated
Dividend 0.00
Net Earning - -
Equity 23.85 290.44
Fiscal Year End:2018/12
Consolidated Non-consolidated
Dividend 0.00
Net Earning - -
Equity 52.83 343.27
Fiscal Year End:2019/12
Consolidated Non-consolidated
Dividend 0.00
Net Earning - -
Equity 121.72 464.99
Fiscal Year End:Interim Results
2020/06
Consolidated Non-consolidated
Dividend  
Net Earning - 134.74
Equity - -

Comment

Ę£Over allotment(15,000)

Consolidated Subsidiaries

Name Address

Underwriters

Allocation Underwriter Tel
0% Nomura 03-3211-1811
90% Mizuho 03-5208-3210
3% SBI SECURITIES Co.,Ltd. 03-5562-7210
2% Daiwa 03-5555-2111
1% Rakuten Securities 03-6406-2681
1% Matsui 03-5216-0606
1% Tokai Tokyo 03-3566-8811
1% Kyokuto 03-3667-9171
1% Akatsuki Securities 03-5641-7800

Data

Date of incorporation 2005/11/01
Company address  Tokyo 160-0022
Telephone 03-5363-9361
President  
Homepage https://www.headwaters.co.jp/
Auditor Azsa
Major Shareholders
Shareholder Name Ratio
86.62%
  59.98%
  9.60%
  8.44%
  6.75%
  2.28%
  1.73%
  1.58%
  1.58%
  1.12%
  0.95%
Number of Employees 74 as of 2020/07/31
Birth Date of Representative 1968/04/05

Comment