TRANSLATION - FOR REFERENCE ONLY -
April 16, 2024
KOKUSAI ELECTRIC CORPORATION
KOKUSAI ELECTRIC CORPORATION (President and Chief Executive Officer: Fumiyuki Kanai, Head Office: Chiyoda-ku, Tokyo, Japan) is proud to announce that it has earned the " BEST DEALS OF 2023" in the IPO category of the Capital Eye Awards hosted by Capital Eye Limited.
The Capital Eye Awards surveys underwriters and institutional investors to find out what the best financing deals were in the capital markets in 2023 and who the issuers were, across the following categories: straight corporate bonds, government investment and loan agency bonds, local government bonds, non-resident yen bonds, foreign bonds (bonds issued overseas by Japanese companies), securitization, initial public offerings, existing publicly listed shares, investment corporation investment units, and convertible bonds (CBs). Based on the responses to the survey, Capital Eye Limited 's editorial department selects and awards the products based on criteria such as whether they were smoothly accepted by the market, whether they were meaningful to the market, and whether they contributed to the development and revitalization of the market.
Regarding our listing on the Tokyo Stock Exchange Prime Market (dated October 25, 2023), we received the following overall evaluation: "KOKUSAI ELECTRIC CORPORATION has successfully completed large-scale projects worth over 100 billion yen. As related stocks collapsed at the bottom of the semiconductor cycle, the company set prices based on investor demand and secondary markets, and stimulated demand, primarily overseas, through measures such as Indication of Interest (IOI) from two major overseas investor groups with a policy of long-term holding."
Our group aims to improve corporate value from both aspects of business and ESG activities (resolving environmental and social issues, strengthening governance). Additionally, we will disclose information in a timely, appropriate, and fair manner, and will actively engage in dialogue with investors, analysts, and other stakeholders.