Bright! FRONTEO Official Blog

Bright! FRONTEO Official Blog

Listed on NASDAQ, which was achieved in 10 years since its establishment

2013/12/16
Corporate Communication Department
UBIC was listed on the US market NASDAQ on May 2013, 5 (Eastern Time).It has been 16 years since our company was established.Of the Japanese companies, only 10 are listed on both the US market. There is such an episode on the day of listing.Our staff attended a seminar on legal technology in the United States as an attendee.A few minutes after the start, the program suddenly stopped.It seems that the organizer sent a congratulatory message to us at the beginning.The organizer even interrupted the seminar program and announced that we were not aware that we were attending the seminar.The venue was applauded, and our staff seemed to feel that the listing of UBIC was warmly welcomed in the US market.There were various difficulties during this IPO.In Japan, there were many opposition voices, and it was often questioned that "it is impossible for venture companies, there is no precedent" and "Is TSE sufficient for financing?"However, despite such voices, we still stuck to listing in the United States for the following reasons, as well as improving our brand power in the United States.President Morimoto "Globally, the US litigation system is considered to be'fair'. However, the only such system that cannot maintain fairness in Asia and Europe and the United States is , This discovery system. Until now, many Asian companies have been handicapped in various aspects such as cost and time in discovery. Our mission is to make full use of overwhelming technical and support capabilities. It is to fill such a handicap and create a world where Western companies and Asian companies can fight on an equal footing globally. As one step to fulfill the mission as "Asia-originated discovery support company" I think it is very significant to be listed in the United States. "  

August 2013 Closing Bell Ceremony

"We are standing here now to protect justice and fairness in the United States." On August 2013, 8, at the NASDAQ market site, President Morimoto made a strong move toward the United States. These are the words I spoke.

Closing Bell Ceremony in August 2013 © 8, The NASDAQ OMX Group

The closing bell ceremony was held on this day, and the NASDAQ Tower in Times Square, New York, was filled with the UBIC logo along with the countdown.Along with the people involved in the ceremony watching over the ceremony, passers-by and tourists were also seen taking pictures of the president projected on the tower with a mobile camera.

Masahiro Morimoto President and CEO

“The ceremony was a very exciting experience. I think one of our strengths is in our sympathetic philosophy. As UBIC grows, the discovery gap between Asia and the United States The United States will be able to provide a truly fair and equitable legal system. To appeal to that, the speech has been quite enthusiastic.   After the ceremony, we held a listing commemorative party held at our NY office.It was a night to celebrate the listing in the United States with nearly 100 people including customers from Tokyo, Silicon Valley, Los Angeles, Seoul, and Taipei.Here are the words of the two listed actors interviewed there.

Shigecho Ikegami Executive Vice President COO

"I still remember the first time I thought about listing in the United States. Looking at the president's Morimoto and materials, the two of us decided to go public in the United States. It took a while. However, I am very grateful to the customers and related parties who were able to achieve the goal safely this time, and to all the employees who worked so hard. Unlike Japan. There was a sense of urgency that I wouldn't know if I could go public until the day before, but I worked with conviction until the end. In the future, I think the US market will demand more growth and more profits. For 2 years, there have been some difficult situations, but we have come to this point. We will continue to push forward. "

Shizuka Ishii Executive Officer CFO / CAO (at that time)

There is a word "Right time, right business." This is exactly the word for UBIC now. UBIC is a company celebrating its 10th anniversary. Is it like a high school student like a human being? For us, at this timing I think listing is a big step towards the next stage. Like a child who grows 1 cm overnight, UBIC is now on the stage of "overwhelming growth." There were various difficulties in listing on NASDAQ. There was also a scene where "if you can't make a decision in two minutes, all your efforts will be lost."It would be unusual for a company that made a downward revision to go public.However, I think the reason for this victory is that the decision was not always blurred. "       * This page is a reorganization of the 10th term shareholder newsletter and public relations magazine "GLOBAL TRY".
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