Code	Sector	Market
331A	Service	Standard

Date of listing approval	2025/02/12
Expected Date	2025/03/19
Lead Underwriter	Mizuho Securities Co., Ltd
Description

Listed Shares(total)	2,645,000
Trading Unit	100
New Shares	500,000
Existing Shares	2,145,000（incl. O.A.）
Shares Outstanding	PreIPO 7,580,000.00
	PostIPO 8,080,000.00
Paid Up Capital	PreIPO Y75,800,000
	PostIPO Y184,000,000
Expected Pricing Date	2025/02/27
Book Building Start	2025/03/03
Book Building End	2025/03/07
Fix Date	2025/03/10
Offering Starts	2025/03/11
Offering Ends	2025/03/14
Expect Pricing	Y760-Y800
Notional PER (based on previous period)	11.72-12.34
Notional PER(based on results forecast)	7.06-7.43
Offering Price	Y800
Offering Price PER (based on previous period)	7.06-7.43
Offering Price PBR (based on previous period)	2.79
Offering Price PER (based on results forecast)	7.43
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Revenue	-	14,392,106
Current Profit	-	516,416
Net Profit	-	134,319
Net Assets	-	1,355,946

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Revenue	-	4,273,010
Current Profit	-	815,454
Net Profit	-	401,833
Net Assets	-	1,729,736

Fiscal Year End:2024/03
	Consolidated	Non-consolidated
Revenue	-	4,179,864
Current Profit	-	804,600
Net Profit	-	489,196
Net Assets	-	2,157,214

Recent Quarter 2024/09
	Consolidated	Non-consolidated
Revenue	-	1,944,781
Current Profit	-	400,522
Net Profit	-	435,455
Net Assets	-	2,532,429

Results Forecast 2025/03
	Consolidated	Non-consolidated
Revenue	-	4,185,000
Current Profit	-	957,000
Net Profit	-	812,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Dividend	3.80
Net Earning	-	-
Equity	18.24	178.88

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Dividend	6.00
Net Earning	-	-
Equity	53.01	228.20

Fiscal Year End:2024/03
	Consolidated	Non-consolidated
Dividend	8.00
Net Earning	-	-
Equity	64.85	286.48

Fiscal Year End:Interim Results 2024/09
	Consolidated	Non-consolidated
Dividend
Net Earning	-	57.83
Equity	-	-

Fiscal Year End:Results Forecast 2025/03
	Consolidated	Non-consolidated
Dividend	14.00
Net Earning	-	107.60
Equity	-	-

■Over allotment(345,000)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
90%	Mizuho Securities Co., Ltd	03-5208-3210
3%	Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.	03-6213-8500
3%	SBI SECURITIES Co.,Ltd.	03-5562-7210
1%	Rakuten Securities Holdings, Inc.	03-6406-2681
1%	Monex, Inc	03-4323-3800
1%	Matsui Securities Co., Ltd	03-5216-0606
1%	Tokai Tokyo Securities Co., Ltd	03-3566-8811