Tokyo IPO

Japanese

COVER Corporation

Code Sector Market
5253 Communications Growth
Date of listing approval 2023/02/17
Expected Date 2023/03/27
Lead Underwriter Mizuho Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.  
Description  
Listed Shares(total) 14,291,500
Trading Unit 100
New Shares 1,500,000
Existing Shares 12,791,500° incl. O.A.°ň
Shares Outstanding PreIPO 59,624,200.00
PostIPO 61,124,200.00
Paid Up Capital PreIPO Y452,808,000
PostIPO Y973,120,500
Expected Pricing Date 2023/03/07
Book Building Start 2023/03/08
Book Building End 2023/03/14
Fix Date 2023/03/15
Offering Starts 2023/03/16
Offering Ends 2023/03/22
Expect Pricing Y710-Y750
Notional PER
(based on previous period)
34.02-35.94
Notional PER(based on results forecast) 29.67-31.34
Offering Price Y750
Offering Price PER
(based on previous period)
29.67-31.34
Offering Price PBR
(based on previous period)
10.09
Offering Price PER
(based on results forecast)
31.34
Use of Funds Raised  

Financial Data

Units:Y1,000

Fiscal Year End:2020/03
Consolidated Non-consolidated
Revenue - 1,479,001
Current Profit - 243,344
Net Profit - 176,133
Net Assets - 426,778
Fiscal Year End:2021/03
Consolidated Non-consolidated
Revenue - 5,724,794
Current Profit - 1,705,571
Net Profit - 1,220,751
Net Assets - 2,212,983
Fiscal Year End:2022/03
Consolidated Non-consolidated
Revenue - 13,663,728
Current Profit - 1,853,978
Net Profit - 1,244,465
Net Assets - 3,457,448
Recent Quarter
2022/12
Consolidated Non-consolidated
Revenue - 12,802,099
Current Profit - 1,727,539
Net Profit - 1,281,033
Net Assets - 4,738,482
Results Forecast
2023/03
Consolidated Non-consolidated
Revenue - 18,056,000
Current Profit - 2,136,000
Net Profit - 1,427,000
Net Assets - -

Per Share Units:Y1

Fiscal Year End:2020/03
Consolidated Non-consolidated
Dividend 0.00
Net Earning - -
Equity 3.76 2.63
Fiscal Year End:2021/03
Consolidated Non-consolidated
Dividend 0.00
Net Earning - -
Equity 20.47 38.63
Fiscal Year End:2022/03
Consolidated Non-consolidated
Dividend 0.00
Net Earning - -
Equity 20.87 74.31
Fiscal Year End:Recent Quarter
2022/12
Consolidated Non-consolidated
Dividend
Net Earning - 21.49
Equity - -
Fiscal Year End:Results Forecast
2023/03
Consolidated Non-consolidated
Dividend  
Net Earning - 23.93
Equity - -

Comment

Ę£Over allotment(1,864,100)

Consolidated Subsidiaries

Name Address

Underwriters

Allocation Underwriter Tel
0% Nomura 03-3211-1811
51% Mizuho 03-5208-3210
46% Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. 03-6213-8500
1% SBI SECURITIES Co.,Ltd. 03-5562-7210
0.5% Daiwa 03-5555-2111
0.5% Nomura 03-3211-1811
0.5% Monex 03-4323-3800
0.5% Rakuten Securities 03-6406-2681

Data

Date of incorporation 2016/06/13
Company address  Tokyo 105-0014
Telephone 03-6280-4036
President  
Homepage https://cover-corp.com/
Auditor Taiyo
Major Shareholders
Shareholder Name Ratio
86.62%
  34.76%
  15.76%
  9.10%
  5.03%
  4.57%
  3.25%
  3.10%
  3.10%
  2.48%
  2.34%
Number of Employees 401 as of 2023/01/31
Birth Date of Representative 1973/12/10

Comment