Code	Sector	Market
330A	Communications	Growth

Date of listing approval	2025/02/10
Expected Date	2025/03/18
Lead Underwriter	Mizuho Securities Co., Ltd
Description

Listed Shares(total)	1,960,800
Trading Unit	100
New Shares	50,000
Existing Shares	1,910,800（incl. O.A.）
Shares Outstanding	PreIPO 5,458,500.00
	PostIPO 5,508,500.00
Paid Up Capital	PreIPO Y100,000,000
	PostIPO Y117,250,000
Expected Pricing Date	2025/02/26
Book Building Start	2025/02/28
Book Building End	2025/03/06
Fix Date	2025/03/07
Offering Starts	2025/03/10
Offering Ends	2025/03/13
Expect Pricing	Y650-Y750
Notional PER (based on previous period)	131.58-151.82
Notional PER(based on results forecast)	19.07-22.01
Offering Price	Y750
Offering Price PER (based on previous period)	19.07-22.01
Offering Price PBR (based on previous period)	67.51
Offering Price PER (based on results forecast)	22.01
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Revenue	-	448,509
Current Profit	-	-306,438
Net Profit	-	-308,751
Net Assets	-	127,416

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Revenue	-	727,159
Current Profit	-	-95,464
Net Profit	-	-93,744
Net Assets	-	33,671

Fiscal Year End:2024/03
	Consolidated	Non-consolidated
Revenue	-	1,062,787
Current Profit	-	26,635
Net Profit	-	26,960
Net Assets	-	60,632

Recent Quarter 2024/09
	Consolidated	Non-consolidated
Revenue	-	679,242
Current Profit	-	138,742
Net Profit	-	138,470
Net Assets	-	199,102

Results Forecast 2025/03
	Consolidated	Non-consolidated
Revenue	-	1,402,000
Current Profit	-	220,000
Net Profit	-	186,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-56.56	23.34

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-17.17	6.17

Fiscal Year End:2024/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	4.94	11.11

Fiscal Year End:Interim Results 2024/09
	Consolidated	Non-consolidated
Dividend
Net Earning	-	25.37
Equity	-	-

Fiscal Year End:Results Forecast 2025/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	34.08
Equity	-	-

■Over allotment(255,700）

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
85%	Mizuho Securities Co., Ltd	03-5208-3210
5.5%	SBI SECURITIES Co.,Ltd.	03-5562-7210
2.6%	Rakuten Securities Holdings, Inc.	03-6406-2681
2%	OKASAN SECURITIES GROUP INC	03-3272-2211
2%	Marusan Securities Co., Ltd	03-3272-5211
0.7%	Monex, Inc	03-4323-3800
0.7%	Matsui Securities Co., Ltd	03-5216-0606
0.7%	IwaiCosmo Securities Co.,Ltd.	06-6229-2890
0.2%	Mito Securities Co., Ltd	03-6739-0310
0.2%	TOYO SECURITIES CO.,LTD	03-5117-1040
0.2%	KYOKUTO SECURITIES CO.,LTD	03-3667-9171
0.1%	Akatsuki Securities,Inc	03-5641-7800
0.1%	Musashi Securities Co.,Ltd	048-644-0634