| To all the members |
| Name of the Company |
Daiwabo Information System Co.,
Ltd. |
| Representative |
Hirokazu Matsumoto, President
and CEO |
| (Code No. 9912, First Section of
Tokyo Stock Exchange/Osaka Securities Exchange) |
| Head Office |
3-2-5, Hommachi, Chuo-ku, Osaka |
| Contact person |
Osamu Koyama,
Director in charge of Personnel Dept. & Finance Dept.General Manager of Corporate Planning Dept. |
| PHONE |
+81-6-6281-1161 |
|
| Notice of Initial Public Offering and Relocation of Subsidiary, ZOA Corporation |
| It was decided at the Board of Directors meeting of May 17, 2005, to publicly offer shares of company subsidiary ZOA Corporation, via listing on JASDAC. Because of the offering, ZOA changes from a consolidated subsidiary to an equity subsidiary. |
| 1. |
Overview of ZOA Corporation (As of March 31, 2005)
| (1) |
Name |
ZOA Corporation |
| (2) |
CEO |
Yutaka Nagashima |
| (3) |
Headquarters address |
3-2-5 Hommachi, Chuo-ku, Osaka |
| (4) |
Date established |
April 27, 1984 |
| (5) |
Line of business |
Store retail of information equipment |
| (6) |
Closing |
March 31 |
| (7) |
Employees |
191 (As of April 30, 2005) |
| (8) |
Store locations |
Numazu, Akita, Sendai, Akihabara, Atsugi, Gotemba, Oroshidanchi, Fuji, Fujinomiya, Shizuoka, Kofu, Kakegawa, Hamamatsu, Hamamatsunishi, Toyohashi, Toyama, Kanazawa, Fukui, Tsuruga, Himeji, etc. |
| (9) |
Capital |
¥112 million |
| (10) |
Outstanding shares |
20,250 |
| (11) |
Major shareholders |
| Daiwabo Information System |
50.37% |
| Shinobu Nagashima |
23.21% |
| Yutaka Nagashima |
22.22% |
|
| (12) |
| Performance over recent fiscal years Units: million yen |
| |
March 31, 2003 |
March 31, 2004 |
March 3, 2005 |
| Sales |
19,307 |
18,498 |
17,589 |
| Ordinary profit |
476 |
524 |
800 |
| Net profit for year |
281 |
296 |
481 |
| Assets |
6,992 |
6,123 |
6,736 |
| Shareholder capital |
1,137 |
1,254 |
1,629 |
Note: Figures for March 31, 2005 have not been audited.
|
|
|
| 2. |
Number of Shares Offered, Offering Price and Daiwabo Ownership Before and After Offering
| |
| Daiwabo ownership before offering |
(50.37%)
10,200 shares |
| Number of shared offered |
1,000 shares |
| Daiwabo ownership after offering |
(40.06%)
9,200 shares |
| Note 1 |
Ownership percentage after offering includes the asset increase (2,100 new shares) after the public offering. |
| Note 2 |
Plans are to offer 2,000 shares between those made available by the company and those made available by shareholders, with an over-allotment limit of 615 shares. However, the offering of over-allotment shares may be stopped or the number of available shares reduced depending on the supply and demand situation of the stock market. The above ownership after offering percentage assumes all 615 over-allotment shares are sold and new shares are issued by third party allotment. |
| Note 3 |
Plans are to set the offering price and purchased price on June 8, 2005. |
|
|
| |
|
| 3. |
Date of Stock Certificate Transfer
June 17, 2005 (Planned)
Date that ZOA Corporation lists on JASDAC
|
| 4. |
Affect on Daiwabo Performance
ZOA Corporation will change from a consolidated subsidiary to an equity subsidiary. Consolidated performance as of the May 12 announcement is projected to show a slight decrease in sales and a slight increase in profits from earnings off the public offering and equity changes. If performance projections require adjusting after the offering price has been decided, they will be announced at a later date. |
Reference
Daiwabo Information System Co., Ltd.
Osamu Koyama,
Director of Finance Dept
PHONE +81-6-6281-1161
Fax +81-6-6258-2636
|
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