Code	Sector	Market
150A	Service	Growth

Date of listing approval	2024/02/21
Expected Date	2024/03/26
Lead Underwriter	SBI SECURITIES Co.,Ltd.
Description

Listed Shares(total)	977,500
Trading Unit	100
New Shares	850,000
Existing Shares	127,500（only O.A.）
Shares Outstanding	PreIPO 4,632,600.00
	PostIPO 5,482,600.00
Paid Up Capital	PreIPO Y985,075,000
	PostIPO Y1,163,371,000
Expected Pricing Date	2024/03/06
Book Building Start	2024/03/08
Book Building End	2024/03/14
Fix Date	2024/03/15
Offering Starts	2024/03/18
Offering Ends	2024/03/22
Expect Pricing	Y350-Y380
Notional PER (based on previous period)	8.48-9.21
Notional PER(based on results forecast)	13.96-15.16
Offering Price	Y456
Offering Price PER (based on previous period)	13.96-15.16
Offering Price PBR (based on previous period)	-1.76
Offering Price PER (based on results forecast)	18.19
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2021/03
	Consolidated	Non-consolidated
Revenue	-	1,502,804
Current Profit	-	-142,541
Net Profit	-	-142,122
Net Assets	-	84,028

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Revenue	-	2,330,183
Current Profit	-	82,701
Net Profit	-	60,801
Net Assets	-	663,230

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Revenue	-	2,967,671
Current Profit	-	160,762
Net Profit	-	187,858
Net Assets	-	1,332,589

Recent Quarter 2023/12
	Consolidated	Non-consolidated
Revenue	-	2,545,603
Current Profit	-	131,308
Net Profit	-	98,537
Net Assets	-	1,431,126

Results Forecast 2024/03
	Consolidated	Non-consolidated
Revenue	-	3,501,000
Current Profit	-	177,000
Net Profit	-	116,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2021/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-36.02	-351.09

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	15.33	-352.71

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	41.25	-258.78

Fiscal Year End:Recent Quarter 2023/12
	Consolidated	Non-consolidated
Dividend
Net Earning	-	21.27
Equity	-	-

Fiscal Year End:Results Forecast 2024/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	25.07
Equity	-	-

■Over allotment(127,500）

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
89%	SBI SECURITIES Co.,Ltd.	03-5562-7210
5%	Mizuho Securities Co., Ltd	03-5208-3210
3%	FFG Securities Co., Ltd.	092-771-3836
2%	AIZAWA SECURITIES GROUP CO., LTD	03-3272-3118
1%	OKASAN SECURITIES GROUP INC	03-3272-2211