Aiming: Registration Statement for Initial Public Offering

Aiming is pursuing an initial public offering on the Tokyo Stock Exchange Mothers market to secure capital for the development and operation of smartphone-based massively multiplayer online games. The primary objective of this offering is to fund new game production, expand content distribution through aggressive advertising, and strengthen the company’s overall development infrastructure. By issuing 2.4 million new shares and facilitating the sale of 3.2 million existing shares, the company aims to solidify its financial position and support long-term growth strategies, including international expansion through partnerships with entities such as the Tencent Group.

The company’s financial trajectory reflects a transition from early-stage investment losses to sustained profitability, driven largely by the success of flagship titles like "Logres of Swords and Sorcery: Ancient Goddess." While annual sales grew significantly from approximately 1.58 billion yen in 2012 to 6.53 billion yen by the end of 2014, the business remains characterized by high reliance on specific hit titles and platform providers like Apple and Google. To mitigate these risks, the company is prioritizing revenue diversification and operational efficiency. As of the 2014 fiscal year, the company reported a net income of 552.7 million yen and a robust cash position of approximately 2 billion yen, signaling a successful pivot toward a scalable, profit-generating model.

Corporate governance remains a central focus, with the company implementing a structure featuring external directors and auditors to ensure transparency and rigorous internal controls. Capital policy adjustments, including a 500-for-1 stock split executed in October 2014, were designed to enhance liquidity and broaden the investor base. Moving forward, the company intends to balance the reinvestment of earnings into core business expansion with the potential for future dividend distributions, supported by a management framework that emphasizes both fiscal discipline and agile decision-making.