Code	Sector	Market
211A	Construction	Standard

Date of listing approval	2024/06/14
Expected Date	2024/07/18
Lead Underwriter	SMBC Nikko Securities Inc.
Description

Listed Shares(total)	494,500
Trading Unit	100
New Shares	198,000
Existing Shares	296,500（incl. O.A.）
Shares Outstanding	PreIPO 948,000.00
	PostIPO 948,000.00
Paid Up Capital	PreIPO Y33,000,000
	PostIPO Y33,000,000
Expected Pricing Date	2024/07/01
Book Building Start	2024/07/02
Book Building End	2024/07/08
Fix Date	2024/07/09
Offering Starts	2024/07/10
Offering Ends	2024/07/16
Expect Pricing	Y2,850-Y2,900
Notional PER (based on previous period)	5.84-5.94
Notional PER(based on results forecast)	5.61-5.71
Offering Price	Y2,900
Offering Price PER (based on previous period)	5.61-5.71
Offering Price PBR (based on previous period)	0.71
Offering Price PER (based on results forecast)	5.71
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2021/07
	Consolidated	Non-consolidated
Revenue	-	5,095,654
Current Profit	-	603,831
Net Profit	-	415,251
Net Assets	-	2,391,498

Fiscal Year End:2022/07
	Consolidated	Non-consolidated
Revenue	-	4,522,656
Current Profit	-	471,929
Net Profit	-	312,915
Net Assets	-	2,704,413

Fiscal Year End:2023/07
	Consolidated	Non-consolidated
Revenue	-	5,659,947
Current Profit	-	511,716
Net Profit	-	365,879
Net Assets	-	3,045,293

Recent Quarter 2024/04
	Consolidated	Non-consolidated
Revenue	-	4,654,143
Current Profit	-	415,031
Net Profit	-	272,826
Net Assets	-	3,268,119

Results Forecast 2024/07
	Consolidated	Non-consolidated
Revenue	-	6,300,000
Current Profit	-	585,000
Net Profit	-	385,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2021/07
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	553.67	3,188.67

Fiscal Year End:2022/07
	Consolidated	Non-consolidated
Dividend	33.33
Net Earning	-	-
Equity	417.22	3,605.89

Fiscal Year End:2023/07
	Consolidated	Non-consolidated
Dividend	66.67
Net Earning	-	-
Equity	487.84	4,060.39

Fiscal Year End:Recent Quarter 2024/04
	Consolidated	Non-consolidated
Dividend
Net Earning	-	363.77
Equity	-	-

Fiscal Year End:Results Forecast 2024/07
	Consolidated	Non-consolidated
Dividend	85.00
Net Earning	-	508.20
Equity	-	-

■Over allotment(64,500）

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
90%	SMBC Nikko Securities Inc.	03-5644-3111
5%	Nomura Securities Co., Ltd	03-3211-1811
2%	Daiwa Securities Co. Ltd	03-5555-2111
1%	SBI SECURITIES Co.,Ltd.	03-5562-7210
1%	Tokai Tokyo Securities Co., Ltd	03-3566-8811
1%	HIROGIN SECURITIES CO., LTD.	082-245-5000