Code	Sector	Market
160A	Service	Standard

Date of listing approval	2024/02/29
Expected Date	2024/04/04
Lead Underwriter	Nomura Securities Co., Ltd
Description

Listed Shares(total)	1,046,500
Trading Unit	100
New Shares	393,000
Existing Shares	653,500（incl. O.A.）
Shares Outstanding	PreIPO 3,030,000.00
	PostIPO 3,423,000.00
Paid Up Capital	PreIPO Y122,800,000
	PostIPO Y469,897,600
Expected Pricing Date	2024/03/14
Book Building Start	2024/03/18
Book Building End	2024/03/25
Fix Date	2024/03/26
Offering Starts	2024/03/27
Offering Ends	2024/04/01
Expect Pricing	Y1,890-Y1,920
Notional PER (based on previous period)	24.93-25.33
Notional PER(based on results forecast)	11.31-11.49
Offering Price	Y1,920
Offering Price PER (based on previous period)	11.31-11.49
Offering Price PBR (based on previous period)	3.12
Offering Price PER (based on results forecast)	11.49
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2021/03
	Consolidated	Non-consolidated
Revenue	-	10,911,981
Current Profit	-	647,726
Net Profit	-	415,247
Net Assets	-	1,552,695

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Revenue	-	11,518,245
Current Profit	-	297,877
Net Profit	-	484,939
Net Assets	-	1,683,706

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Revenue	-	12,782,486
Current Profit	-	244,465
Net Profit	-	229,712
Net Assets	-	1,864,938

Recent Quarter 2023/12
	Consolidated	Non-consolidated
Revenue	-	12,819,730
Current Profit	-	697,425
Net Profit	-	448,283
Net Assets	-	2,264,742

Results Forecast 2024/03
	Consolidated	Non-consolidated
Revenue	-	17,116,000
Current Profit	-	802,000
Net Profit	-	506,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2021/03
	Consolidated	Non-consolidated
Dividend	16.20
Net Earning	-	-
Equity	148.30	554.53

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Dividend	16.00
Net Earning	-	-
Equity	171.95	555.68

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Dividend	16.00
Net Earning	-	-
Equity	75.81	615.49

Fiscal Year End:Recent Quarter 2023/12
	Consolidated	Non-consolidated
Dividend
Net Earning	-	147.95
Equity	-	-

Fiscal Year End:Results Forecast 2024/03
	Consolidated	Non-consolidated
Dividend	33.99
Net Earning	-	167.15
Equity	-	-

■Over allotment(136,500)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
93%	Nomura Securities Co., Ltd	03-3211-1811
2%	SMBC Nikko Securities Inc.	03-5644-3111
2%	SBI SECURITIES Co.,Ltd.	03-5562-7210
1%	Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.	03-6213-8500
0.5%	OKASAN SECURITIES GROUP INC	03-3272-2211
0.5%	IwaiCosmo Securities Co.,Ltd.	06-6229-2890
0.5%	Musashi Securities Co.,Ltd	048-644-0634
0.5%	THE TACHIBANA SECURITIES CO., LTD.	03-3669-3111