Code	Sector	Market
343A	Service	Standard

Date of listing approval	2025/02/28
Expected Date	2025/04/07
Lead Underwriter	Tokai Tokyo Securities Co., Ltd
Description

Listed Shares(total)	1,350,900
Trading Unit	100
New Shares	960,000
Existing Shares	390,900（incl. O.A.）
Shares Outstanding	PreIPO 3,800,000.00
	PostIPO 4,760,000.00
Paid Up Capital	PreIPO Y80,000,000
	PostIPO Y521,600,000
Expected Pricing Date	2025/03/17
Book Building Start	2025/03/19
Book Building End	2025/03/26
Fix Date	2025/03/27
Offering Starts	2025/03/28
Offering Ends	2025/04/02
Expect Pricing	Y980-Y1,000
Notional PER (based on previous period)	10.80-11.02
Notional PER(based on results forecast)	9.61-9.81
Offering Price	Y1,000
Offering Price PER (based on previous period)	9.61-9.81
Offering Price PBR (based on previous period)	1.54
Offering Price PER (based on results forecast)	9.81
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Revenue	-	634,296
Current Profit	-	-275,789
Net Profit	-	-281,851
Net Assets	-	1,804,840

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Revenue	1,653,840	1,411,426
Current Profit	177,832	146,080
Net Profit	221,397	197,433
Net Assets	2,098,760	2,002,274

Fiscal Year End:2024/03
	Consolidated	Non-consolidated
Revenue	2,421,284	2,061,299
Current Profit	428,270	382,025
Net Profit	344,901	307,521
Net Assets	2,462,008	2,309,796

Recent Quarter 2024/09
	Consolidated	Non-consolidated
Revenue	1,276,394	-
Current Profit	267,270	-
Net Profit	191,147	-
Net Assets	2,667,928	-

Results Forecast 2025/03
	Consolidated	Non-consolidated
Revenue	2,651,000	-
Current Profit	545,000	-
Net Profit	387,000	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-74.17	474.96

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	58.26	552.31
Equity	51.96	526.91

Fiscal Year End:2024/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	90.76	647.90
Equity	80.93	607.84

Fiscal Year End:Interim Results 2024/09
	Consolidated	Non-consolidated
Dividend
Net Earning	50.30	-
Equity	-	-

Fiscal Year End:Results Forecast 2025/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	101.93	-
Equity	-	-

■Over allotment(176,200)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
92%	Tokai Tokyo Securities Co., Ltd	03-3566-8811
2.5%	SBI SECURITIES Co.,Ltd.	03-5562-7210
1%	Matsui Securities Co., Ltd	03-5216-0606
1%	Monex, Inc	03-4323-3800
1%	OKASAN SECURITIES GROUP INC	03-3272-2211
0.5%	IwaiCosmo Securities Co.,Ltd.	06-6229-2890
0.5%	TOYO SECURITIES CO.,LTD	03-5117-1040
0.5%	Akatsuki Securities,Inc	03-5641-7800
0.5%	KYOKUTO SECURITIES CO.,LTD	03-3667-9171
0.5%	Marusan Securities Co., Ltd	03-3272-5211