Code	Sector	Market
231A	Construction	FSEQ

Date of listing approval	2024/07/26
Expected Date	2024/08/29
Lead Underwriter	J Trust Global Securities Co., Ltd.
Description

Listed Shares(total)	800,000
Trading Unit	100
New Shares	350,000
Existing Shares	450,000（incl. O.A.）
Shares Outstanding	PreIPO 2,129,800.00
	PostIPO 2,479,800.00
Paid Up Capital	PreIPO Y88,000,000
	PostIPO Y277,980,000
Expected Pricing Date	2024/08/13
Book Building Start	2024/08/14
Book Building End	2024/08/20
Fix Date	2024/08/21
Offering Starts	2024/08/22
Offering Ends	2024/08/27
Expect Pricing	Y1,100-Y1,180
Notional PER (based on previous period)	9.45-10.14
Notional PER(based on results forecast)	8.23-8.83
Offering Price	Y1,180
Offering Price PER (based on previous period)	8.23-8.83
Offering Price PBR (based on previous period)	1.30
Offering Price PER (based on results forecast)	8.83
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2021/09
	Consolidated	Non-consolidated
Revenue	-	1,351,023
Current Profit	-	175,987
Net Profit	-	31,334
Net Assets	-	1,029,678

Fiscal Year End:2022/09
	Consolidated	Non-consolidated
Revenue	-	1,229,963
Current Profit	-	148,968
Net Profit	-	125,249
Net Assets	-	1,154,928

Fiscal Year End:2023/09
	Consolidated	Non-consolidated
Revenue	2,814,274	136,961
Current Profit	343,522	13,122
Net Profit	247,804	5,262
Net Assets	1,937,403	1,167,238

Recent Quarter 2024/03
	Consolidated	Non-consolidated
Revenue	2,593,719	-
Current Profit	482,958	-
Net Profit	321,452	-
Net Assets	2,258,855	-

Results Forecast 2024/09
	Consolidated	Non-consolidated
Revenue	4,105,701	-
Current Profit	427,691	-
Net Profit	288,834	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2021/09
	Consolidated	Non-consolidated
Dividend
Net Earning	-	-
Equity	14.71	483.46

Fiscal Year End:2022/09
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	58.81	542.27

Fiscal Year End:2023/09
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	116.35	909.66
Equity	-	-

Fiscal Year End:Recent Quarter
	Consolidated	Non-consolidated
Dividend
Net Earning	-	-
Equity	-	-

Fiscal Year End:Interim Results 2024/03
	Consolidated	Non-consolidated
Dividend
Net Earning	150.93	-
Equity	-	-

Fiscal Year End:Results Forecast 2024/09
	Consolidated	Non-consolidated
Dividend	35.00
Net Earning	133.63	-
Equity	-	-

■Over allotment(100,000）

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
80%	J Trust Global Securities Co., Ltd.	03-4560-0200
7%	SBI SECURITIES Co.,Ltd.	03-5562-7210
5%	OKASAN SECURITIES GROUP INC	03-3272-2211
4%	FFG Securities Co., Ltd.	092-771-3836
2%	Nishi-Nippon City Tokai Tokyo Securities Co.,Ltd	092-707-3000
2%	Monex, Inc	03-4323-3800