Code	Sector	Market
619A	Other Products	Standard

Date of listing approval	2026/08/13
Expected Date	2026/09/16
Lead Underwriter	Daiwa Securities Co. Ltd Nomura Securities Co., Ltd
Description

Listed Shares(total)	85,215,800
Trading Unit	100
New Shares	0
Existing Shares	85,215,800（incl. O.A.）
Shares Outstanding	PreIPO 100,000,000.00
	PostIPO 100,000,000.00
Paid Up Capital	PreIPO Y5,000,375,000
	PostIPO Y5,000,375,000
Expected Pricing Date	2026/08/31
Book Building Start	2026/09/01
Book Building End	2026/09/07
Fix Date	2026/09/08
Offering Starts	2026/09/09
Offering Ends	2026/09/14
Expect Pricing	Y295-Y305
Notional PER (based on previous period)	14.18-14.66
Notional PER(based on results forecast)	11.27-11.65
Offering Price	Y305
Offering Price PER (based on previous period)	11.27-11.65
Offering Price PBR (based on previous period)	2.03
Offering Price PER (based on results forecast)	11.65
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2023/12
	Consolidated	Non-consolidated
Revenue	-	24,984,000
Current Profit	-	2,676,000
Net Profit	-	2,064,000
Net Assets	-	11,248,000

Fiscal Year End:2024/12
	Consolidated	Non-consolidated
Revenue	-	33,103,000
Current Profit	-	2,481,000
Net Profit	-	1,411,000
Net Assets	-	12,703,000

Fiscal Year End:2025/12
	Consolidated	Non-consolidated
Revenue	-	35,003,000
Current Profit	-	3,153,000
Net Profit	-	2,073,000
Net Assets	-	15,054,000

Recent Quarter 2026/06
	Consolidated	Non-consolidated
Revenue	-	18,639,000
Current Profit	-	1,859,000
Net Profit	-	1,207,000
Net Assets	-	16,241,000

Results Forecast 2026/12
	Consolidated	Non-consolidated
Revenue	-	38,000,000
Current Profit	-	3,807,000
Net Profit	-	2,618,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2023/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	20.95	114.18

Fiscal Year End:2024/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	14.32	128.96

Fiscal Year End:2025/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	20.81	150.54

Fiscal Year End:Interim Results 2026/06
	Consolidated	Non-consolidated
Dividend
Net Earning	-	12.07
Equity	-	-

Fiscal Year End:Results Forecast 2026/12
	Consolidated	Non-consolidated
Dividend	18.33
Net Earning	-	26.18
Equity	-	-

■Over allotment (11,115,000)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
47.3%	Daiwa Securities Co. Ltd	03-5555-2111
47.3%	Nomura Securities Co., Ltd	03-3211-1811
0.9%	Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.	03-6213-8500
0.9%	SMBC Nikko Securities Inc.	03-5644-3111
0.7%	SBI SECURITIES Co.,Ltd.	03-5562-7210
0.7%	Rakuten Securities Holdings, Inc.	03-6406-2681
0.6%	Mizuho Securities Co., Ltd	03-5208-3210
0.6%	Tokai Tokyo Securities Co., Ltd	03-3566-8811
0.4%	Matsui Securities Co., Ltd	03-5216-0606
0.2%	OKASAN SECURITIES GROUP INC	03-3272-2211
0.2%	IwaiCosmo Securities Co.,Ltd.	06-6229-2890
0.2%	Marusan Securities Co., Ltd	03-3272-5211