From the Good Smile Company website:
"NicoRinPana" refers to the three μ's members Nico Yazawa, Rin Hoshizora and Hanayo Koizumi together as a single unit - from that unit comes a figure of Rin Hoshizora!
The figure is based on the CD jacket illustration from the "LoveLive! μ's PR Team ~NicoRinPana~ vol.2" CD, and features Rin dressed in her school uniform wearing cat ears and in an adorable cat pose! Hanayo Koizumi and Yazawa Nico are also already up for preorder, so be sure to collect them all and enjoy the full charm of NicoRinPana in your collection!