Code	Sector	Market
604A	Construction	Standard

Date of listing approval	2026/06/25
Expected Date	2026/07/29
Lead Underwriter	Mizuho Securities Co., Ltd
Description

Listed Shares(total)	3,769,100
Trading Unit	100
New Shares	2,577,500
Existing Shares	1,191,600（incl. O.A.）
Shares Outstanding	PreIPO 10,175,000.00
	PostIPO 10,175,000.00
Paid Up Capital	PreIPO Y36,695,000
	PostIPO Y36,695,000
Expected Pricing Date	2026/07/09
Book Building Start	2026/07/13
Book Building End	2026/07/17
Fix Date	2026/07/21
Offering Starts	2026/07/22
Offering Ends	2026/07/27
Expect Pricing	Y660-Y700
Notional PER (based on previous period)	10.03-10.63
Notional PER(based on results forecast)	6.79-7.20
Offering Price	Y700
Offering Price PER (based on previous period)	6.79-7.20
Offering Price PBR (based on previous period)	0.99
Offering Price PER (based on results forecast)	7.20
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2023/07
	Consolidated	Non-consolidated
Revenue	-	7,426,081
Current Profit	-	1,132,764
Net Profit	-	488,582
Net Assets	-	4,089,778

Fiscal Year End:2024/07
	Consolidated	Non-consolidated
Revenue	-	8,680,037
Current Profit	-	767,217
Net Profit	-	526,092
Net Assets	-	4,618,488

Fiscal Year End:2025/07
	Consolidated	Non-consolidated
Revenue	-	8,984,171
Current Profit	-	656,824
Net Profit	-	475,639
Net Assets	-	5,095,907

Recent Quarter 2026/01
	Consolidated	Non-consolidated
Revenue	-	4,727,766
Current Profit	-	626,265
Net Profit	-	440,310
Net Assets	-	5,620,048

Results Forecast 2026/07
	Consolidated	Non-consolidated
Revenue	-	9,783,000
Current Profit	-	1,110,000
Net Profit	-	729,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2023/07
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	67.62	566.06

Fiscal Year End:2024/07
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	72.82	639.24

Fiscal Year End:2025/07
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	65.83	705.32

Fiscal Year End:Interim Results 2026/01
	Consolidated	Non-consolidated
Dividend
Net Earning	-	60.44
Equity	-	-

Fiscal Year End:Results Forecast 2026/07
	Consolidated	Non-consolidated
Dividend	20.00
Net Earning	-	97.16
Equity	-	-

■Over allotment (491,600)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
82%	Mizuho Securities Co., Ltd	03-5208-3210
8%	Daiwa Securities Co. Ltd	03-5555-2111
8%	Nomura Securities Co., Ltd	03-3211-1811
1%	SBI SECURITIES Co.,Ltd.	03-5562-7210
1%	Monex, Inc	03-4323-3800