Code	Sector	Market
462A	Securities & Commodities Trading	Growth

Date of listing approval	2025/10/31
Expected Date	2025/12/05
Lead Underwriter	Nomura Securities Co., Ltd
Description

Listed Shares(total)	2,873,500
Trading Unit	100
New Shares	87,700
Existing Shares	2,785,800（incl. O.A.）
Shares Outstanding	PreIPO 23,009,201.00
	PostIPO 23,096,901.00
Paid Up Capital	PreIPO Y90,720,000
	PostIPO Y115,732,040
Expected Pricing Date	2025/11/18
Book Building Start	2025/11/19
Book Building End	2025/11/25
Fix Date	2025/11/26
Offering Starts	2025/11/27
Offering Ends	2025/12/02
Expect Pricing	Y600-Y620
Notional PER (based on previous period)	-9.09--9.40
Notional PER(based on results forecast)	39.63-40.95
Offering Price	Y620
Offering Price PER (based on previous period)	39.63-40.95
Offering Price PBR (based on previous period)	3.29
Offering Price PER (based on results forecast)	40.95
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2022/10
	Consolidated	Non-consolidated
Revenue	-	666,917
Current Profit	-	-1,054,961
Net Profit	-	-1,057,576
Net Assets	-	2,686,249

Fiscal Year End:2023/10
	Consolidated	Non-consolidated
Revenue	600,487	582,270
Current Profit	-1,430,083	-1,390,458
Net Profit	-1,433,922	-1,394,521
Net Assets	4,358,484	4,397,885

Fiscal Year End:2024/10
	Consolidated	Non-consolidated
Revenue	1,184,805	1,175,487
Current Profit	-1,076,010	-1,043,232
Net Profit	-1,421,647	-1,463,048
Net Assets	4,265,237	4,263,237

Recent Quarter 2025/07
	Consolidated	Non-consolidated
Revenue	1,832,618	-
Current Profit	166,614	-
Net Profit	162,195	-
Net Assets	4,608,632	-

Results Forecast 2025/10
	Consolidated	Non-consolidated
Revenue	2,514,000	-
Current Profit	178,000	-
Net Profit	345,000	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2022/10
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-67.24	57.59
Equity	-	-

Fiscal Year End:2023/10
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-78.04	204.69
Equity	-75.89	206.54

Fiscal Year End:2024/10
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-65.98	188.54
Equity	-67.90	188.46

Fiscal Year End:Recent Quarter 2025/07
	Consolidated	Non-consolidated
Dividend
Net Earning	7.13	-
Equity	-	-

Fiscal Year End:Results Forecast 2025/10
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	15.14	-
Equity	-	-

■Over allotment (362,600→374,800)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
91.3%	Nomura Securities Co., Ltd	03-3211-1811
5%	OKASAN SECURITIES GROUP INC	03-3272-2211
1%	SBI SECURITIES Co.,Ltd.	03-5562-7210
0.5%	TOYO SECURITIES CO.,LTD	03-5117-1040
0.5%	Tokai Tokyo Securities Co., Ltd	03-3566-8811
0.5%	Matsui Securities Co., Ltd	03-5216-0606
0.2%	IwaiCosmo Securities Co.,Ltd.	06-6229-2890
0.2%	Phillip Securities Japan	03-3666-2101
0.2%	The Imamura Securities Co.,Ltd.	076-263-5111
0.2%	MITA SECURITIES	03-3666-0011
0.2%	Rakuten Securities Holdings, Inc.	03-6406-2681
0.2%	Monex, Inc	03-4323-3800