Bank of Innovation,Inc. has completed an IPO in the amount of ¥221.28 million.
July 23, 2018 at 05:00 am
Share
Bank of Innovation,Inc. has completed an IPO in the amount of ¥221.28 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 230,500
PriceRange: ¥960
Discount Per Security: ¥124.8
Transaction Features: Sponsor Backed Offering
Bank of Innovation, Inc. is a Japan-based company engaged in the development and operation of smartphone game applications. The Company provides game applications to users through the platforms operated by Google Inc. and Apple Inc., etc. The Company's game applications introduce multi-step check in graphic production and game system development, specializing in 2-Dimensions (2D) graphics. The Company implements promotions that are judged to be more cost effective within the set budget. Also, to appropriately control the promotion unit price, the Company carries out data analysis and plan-do-check-act (PDCA) cycle on promotion measures implemented. The Company also focuses on the development and operation of original titles and establishes its own intellectual property (IP) and diversifies its profits by collaboration with the promotions.