Code	Sector	Market
627A	Communications	Standard

Date of listing approval	2026/08/18
Expected Date	2026/09/18
Lead Underwriter	SBI SECURITIES Co.,Ltd.
Description

Listed Shares(total)	2,542,700
Trading Unit	100
New Shares	378,000
Existing Shares	2,164,700（incl. O.A.）
Shares Outstanding	PreIPO 5,884,140.00
	PostIPO 6,262,140.00
Paid Up Capital	PreIPO Y100,000,000
	PostIPO Y199,111,600
Expected Pricing Date	2026/09/01
Book Building Start	2026/09/03
Book Building End	2026/09/09
Fix Date	2026/09/10
Offering Starts	2026/09/11
Offering Ends	2026/09/16
Expect Pricing	Y540-Y570
Notional PER (based on previous period)	9.96-10.51
Notional PER(based on results forecast)	9.49-10.02
Offering Price	Y570
Offering Price PER (based on previous period)	9.49-10.02
Offering Price PBR (based on previous period)	-1.67
Offering Price PER (based on results forecast)	10.02
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2023/12
	Consolidated	Non-consolidated
Revenue	-	2,618,924
Current Profit	-	50,237
Net Profit	-	85,975
Net Assets	-	260,779

Fiscal Year End:2024/12
	Consolidated	Non-consolidated
Revenue	-	3,191,177
Current Profit	-	30,681
Net Profit	-	40,556
Net Assets	-	301,336

Fiscal Year End:2025/12
	Consolidated	Non-consolidated
Revenue	-	3,828,291
Current Profit	-	204,273
Net Profit	-	223,233
Net Assets	-	524,570

Recent Quarter 2026/06
	Consolidated	Non-consolidated
Revenue	-	1,915,622
Current Profit	-	123,927
Net Profit	-	104,659
Net Assets	-	629,229

Results Forecast 2026/12
	Consolidated	Non-consolidated
Revenue	-	4,300,000
Current Profit	-	341,000
Net Profit	-	302,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2023/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	18.99	-404.59

Fiscal Year End:2024/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	9.85	-394.74

Fiscal Year End:2025/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	54.22	-340.52

Fiscal Year End:Interim Results 2026/06
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	22.03
Equity	-	-

Fiscal Year End:Results Forecast 2026/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	56.90
Equity	-	-

■Over allotment (331,600)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
90%	SBI SECURITIES Co.,Ltd.	03-5562-7210
4%	SMBC Nikko Securities Inc.	03-5644-3111
4%	Mizuho Securities Co., Ltd	03-5208-3210
0.5%	OKASAN SECURITIES GROUP INC	03-3272-2211
0.5%	Tokai Tokyo Securities Co., Ltd	03-3566-8811
0.25%	IwaiCosmo Securities Co.,Ltd.	06-6229-2890
0.25%	Monex, Inc	03-4323-3800
0.25%	Musashi Securities Co.,Ltd	048-644-0634
0.25%	Rakuten Securities Holdings, Inc.	03-6406-2681