Code	Sector	Market
153A	Communications	Growth

Date of listing approval	2024/02/22
Expected Date	2024/03/28
Lead Underwriter	SBI SECURITIES Co.,Ltd.
Description

Listed Shares(total)	1,829,300
Trading Unit	100
New Shares	380,000
Existing Shares	1,449,300（incl. O.A.）
Shares Outstanding	PreIPO 5,706,700.00
	PostIPO 6,086,700.00
Paid Up Capital	PreIPO Y55,000,000
	PostIPO Y322,444,000
Expected Pricing Date	2024/03/08
Book Building Start	2024/03/12
Book Building End	2024/03/18
Fix Date	2024/03/19
Offering Starts	2024/03/21
Offering Ends	2024/03/26
Expect Pricing	Y1,440-Y1,530
Notional PER (based on previous period)	36.58-38.86
Notional PER(based on results forecast)	27.77-29.50
Offering Price	Y1,530
Offering Price PER (based on previous period)	27.77-29.50
Offering Price PBR (based on previous period)	-21.33
Offering Price PER (based on results forecast)	29.50
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2020/12
	Consolidated	Non-consolidated
Revenue	-	328,717
Current Profit	-	-189,964
Net Profit	-	-190,254
Net Assets	-	-70,388

Fiscal Year End:2021/12
	Consolidated	Non-consolidated
Revenue	-	489,209
Current Profit	-	13,753
Net Profit	-	13,463
Net Assets	-	-56,925

Fiscal Year End:2022/12
	Consolidated	Non-consolidated
Revenue	-	769,468
Current Profit	-	219,854
Net Profit	-	249,960
Net Assets	-	191,285

Recent Quarter 2023/09
	Consolidated	Non-consolidated
Revenue	-	710,101
Current Profit	-	192,192
Net Profit	-	127,464
Net Assets	-	318,749

Results Forecast 2024/12
	Consolidated	Non-consolidated
Revenue	-	1,360,000
Current Profit	-	463,000
Net Profit	-	310,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2020/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-37.91	-127.18

Fiscal Year End:2021/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-2.07	-124.33

Fiscal Year End:2022/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	39.37	-71.74

Fiscal Year End:Recent Quarter 2023/09
	Consolidated	Non-consolidated
Dividend
Net Earning	-	17.91
Equity	-	-

Fiscal Year End:Results Forecast 2024/12
	Consolidated	Non-consolidated
Dividend
Net Earning	-	51.86
Equity	-	-

■Over allotment(238,600)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
78.5%	SBI SECURITIES Co.,Ltd.	03-5562-7210
15%	Daiwa Securities Co. Ltd	03-5555-2111
3%	Rakuten Securities Holdings, Inc.	03-6406-2681
1.7%	Monex, Inc	03-4323-3800
1.5%	SMBC Nikko Securities Inc.	03-5644-3111
0.2%	OKASAN SECURITIES GROUP INC	03-3272-2211
0.1%	Matsui Securities Co., Ltd	03-5216-0606