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Securities Report for a New Listing Application (Part I)
Period CoveredPerformance and other information from the fiscal year ended March 2016 through 30 June 2021, and matters relating to the future as of the filing date of this report
Implementation25 August 2021 (filing date; actual)
Going forwardThe company plans to continue upfront investment in the fiscal year ending December 2021. It plans to begin and complete the expansion of its headquarters in the fiscal year ending December 2021, and the relocation of its headquarters in the fiscal year ending December 2024. Regarding overseas expansion, it is considering conducting research on potential destinations and related matters within several years after listing.
AmountRevenue of ¥5,047.64 million (fiscal year ended December 2020); proceeds from the public offering: Not disclosed
Quantity / scale129,000 subscription-based cameras (as of the end of June 2021); 193 employees (as of 31 July 2021)
Reason
For the purpose of applying for a new listing. The company explained that it had reported losses in prior fiscal years due to upfront investment associated with business expansion, but is improving its earnings profile as recurring revenue accumulates.
Impact on Business Performance
For the fiscal year ended December 2020, the company reported an operating loss of ¥119.573 million, an ordinary loss of ¥97.204 million and a net loss of ¥99.494 million. For the cumulative second-quarter period of the fiscal year ending December 2021, it reported operating profit of ¥95.411 million, ordinary profit of ¥88.574 million and net profit for the period of ¥86.823 million.
| Item | Details |
|---|---|
| Matter Covered | Securities Report for a New Listing Application (Part I) |
| Implementation Date | 25 August 2021 (filing date; actual) |
| Period Covered | Performance and other information from the fiscal year ended March 2016 through 30 June 2021, and matters relating to the future as of the filing date of this report |
| Amount | Revenue of ¥5,047.642 million (fiscal year ended December 2020); proceeds from the public offering: Not disclosed |
| Quantity / scale | 129,000 subscription-based cameras (as of the end of June 2021); 193 employees (as of 31 July 2021) |
| Impact on Business Performance | For the fiscal year ended December 2020, the company reported an operating loss of ¥119.573 million, an ordinary loss of ¥97.204 million and a net loss of ¥99.494 million. For the cumulative second-quarter period of the fiscal year ending December 2021, it reported operating profit of ¥95.411 million, ordinary profit of ¥88.574 million and net profit for the period of ¥86.823 million. |
| Reason | For the purpose of applying for a new listing. The company explained that it had reported losses in prior fiscal years due to upfront investment associated with business expansion, but is improving its earnings profile as recurring revenue accumulates. |
| Governing Rule | Article 193-2, Paragraph 1 of the Financial Instruments and Exchange Act; Article 211, Paragraph 6 of the Securities Listing Regulations; and “Points to Note in Preparing a Securities Report for a New Listing Application (Part I)” (TSE Listing Department No. 133, dated 21 August 2012) |
| Future plans | The company plans to continue upfront investment in the fiscal year ending December 2021. It plans to begin and complete the expansion of its headquarters in the fiscal year ending December 2021, and the relocation of its headquarters in the fiscal year ending December 2024. Regarding overseas expansion, it is considering conducting research on potential destinations and related matters within several years after listing. |
Items this document does not state (3)
Decision-Making BodyDecision DateRelated previous disclosures
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.For the purpose of applying for a new listing.
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