Code	Sector	Market
556A	Retail	Growth

Date of listing approval	2026/03/23
Expected Date	2026/04/23
Lead Underwriter	SBI SECURITIES Co.,Ltd.
Description

Listed Shares(total)	701,500
Trading Unit	100
New Shares	330,000
Existing Shares	371,500（incl. O.A.）
Shares Outstanding	PreIPO 2,286,000.00
	PostIPO 2,616,000.00
Paid Up Capital	PreIPO Y99,000,000
	PostIPO Y552,882,000
Expected Pricing Date	2026/04/06
Book Building Start	2026/04/08
Book Building End	2026/04/14
Fix Date	2026/04/15
Offering Starts	2026/04/16
Offering Ends	2026/04/21
Expect Pricing	Y2,790-Y2,990
Notional PER (based on previous period)	30.72-32.92
Notional PER(based on results forecast)	13.48-14.44
Offering Price	Y2,990
Offering Price PER (based on previous period)	13.48-14.44
Offering Price PBR (based on previous period)	-14.77
Offering Price PER (based on results forecast)	14.44
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2023/04
	Consolidated	Non-consolidated
Revenue	-	1,154,469
Current Profit	-	-281,442
Net Profit	-	-281,902
Net Assets	-	198,285

Fiscal Year End:2024/04
	Consolidated	Non-consolidated
Revenue	-	1,791,774
Current Profit	-	-42,922
Net Profit	-	-43,212
Net Assets	-	155,072

Fiscal Year End:2025/04
	Consolidated	Non-consolidated
Revenue	-	2,901,938
Current Profit	-	89,601
Net Profit	-	207,611
Net Assets	-	362,684

Recent Quarter 2025/10
	Consolidated	Non-consolidated
Revenue	-	2,127,643
Current Profit	-	275,382
Net Profit	-	252,710
Net Assets	-	615,394

Results Forecast 2026/04
	Consolidated	Non-consolidated
Revenue	-	4,449,000
Current Profit	-	600,000
Net Profit	-	473,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2023/04
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-129.10	-274.42

Fiscal Year End:2024/04
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-18.90	-293.32

Fiscal Year End:2025/04
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	90.82	-202.50

Fiscal Year End:Interim Results 2025/10
	Consolidated	Non-consolidated
Dividend
Net Earning	-	110.55
Equity	-	-

Fiscal Year End:Results Forecast 2026/04
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	207.04
Equity	-	-

■Over allotment (91,500)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
94%	SBI SECURITIES Co.,Ltd.	03-5562-7210
1%	IwaiCosmo Securities Co.,Ltd.	06-6229-2890
1%	OKASAN SECURITIES GROUP INC	03-3272-2211
1%	KYOKUTO SECURITIES CO.,LTD	03-3667-9171
1%	Tokai Tokyo Securities Co., Ltd	03-3566-8811
1%	Matsui Securities Co., Ltd	03-5216-0606
1%	Monex, Inc	03-4323-3800