Code	Sector	Market
194A	Service	Growth

Date of listing approval	2024/05/16
Expected Date	2024/06/20
Lead Underwriter	SMBC Nikko Securities Inc.
Description

Listed Shares(total)	1,050,000
Trading Unit	100
New Shares	50,000
Existing Shares	1,000,000（incl. O.A.）
Shares Outstanding	PreIPO 7,924,000.00
	PostIPO 7,974,000.00
Paid Up Capital	PreIPO Y90,000,000
	PostIPO Y107,710,000
Expected Pricing Date	2024/06/04
Book Building Start	2024/06/05
Book Building End	2024/06/11
Fix Date	2024/06/12
Offering Starts	2024/06/13
Offering Ends	2024/06/18
Expect Pricing	Y755-Y770
Notional PER (based on previous period)	11.08-11.30
Notional PER(based on results forecast)	10.27-10.47
Offering Price	Y770
Offering Price PER (based on previous period)	10.27-10.47
Offering Price PBR (based on previous period)	3.76
Offering Price PER (based on results forecast)	10.47
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2021/06
	Consolidated	Non-consolidated
Revenue	-	4,178,802
Current Profit	-	669,445
Net Profit	-	244,041
Net Assets	-	675,766

Fiscal Year End:2022/06
	Consolidated	Non-consolidated
Revenue	4,295,031	4,193,030
Current Profit	713,325	713,621
Net Profit	316,866	331,303
Net Assets	1,013,678	1,007,070

Fiscal Year End:2023/06
	Consolidated	Non-consolidated
Revenue	4,651,067	4,259,441
Current Profit	800,881	748,288
Net Profit	506,125	452,792
Net Assets	1,519,974	1,459,862

Recent Quarter 2024/03
	Consolidated	Non-consolidated
Revenue	3,523,301	-
Current Profit	508,018	-
Net Profit	310,326	-
Net Assets	1,830,130	-

Results Forecast 2024/06
	Consolidated	Non-consolidated
Revenue	5,048,000	-
Current Profit	830,000	-
Net Profit	546,000	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2021/06
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	32.85	91.02

Fiscal Year End:2022/06
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	42.68	136.54
Equity	44.63	135.65

Fiscal Year End:2023/06
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	68.17	204.74
Equity	60.99	196.64

Fiscal Year End:Recent Quarter 2024/03
	Consolidated	Non-consolidated
Dividend
Net Earning	41.80	-
Equity	-	-

Fiscal Year End:Results Forecast 2024/06
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	73.53	-
Equity	-	-

■Over allotment(136,900)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
85%	SMBC Nikko Securities Inc.	03-5644-3111
6%	Nomura Securities Co., Ltd	03-3211-1811
4%	Daiwa Securities Co. Ltd	03-5555-2111
3%	IwaiCosmo Securities Co.,Ltd.	06-6229-2890
1%	SBI SECURITIES Co.,Ltd.	03-5562-7210
1%	Rakuten Securities Holdings, Inc.	03-6406-2681