Code	Sector	Market
259A	Retail	Next

Date of listing approval	2024/09/04
Expected Date	2024/10/08
Lead Underwriter	OKASAN SECURITIES GROUP INC
Description

Listed Shares(total)	229,000
Trading Unit	100
New Shares	100,000
Existing Shares	129,000（incl. O.A.）
Shares Outstanding	PreIPO 943,200.00
	PostIPO 1,043,200.00
Paid Up Capital	PreIPO Y30,000,000
	PostIPO Y106,720,000
Expected Pricing Date	2024/09/18
Book Building Start	2024/09/20
Book Building End	2024/09/27
Fix Date	2024/09/30
Offering Starts	2024/10/01
Offering Ends	2024/10/04
Expect Pricing	Y2,100-Y2,320
Notional PER (based on previous period)	24.68-27.27
Notional PER(based on results forecast)	11.45-12.65
Offering Price	Y2,320
Offering Price PER (based on previous period)	11.45-12.65
Offering Price PBR (based on previous period)	2.53
Offering Price PER (based on results forecast)	12.65
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2021/09
	Consolidated	Non-consolidated
Revenue	-	5,203,141
Current Profit	-	-71,060
Net Profit	-	405,907
Net Assets	-	821,996

Fiscal Year End:2022/09
	Consolidated	Non-consolidated
Revenue	5,823,240	5,461,003
Current Profit	26,244	37,178
Net Profit	33,860	44,386
Net Assets	786,852	857,759

Fiscal Year End:2023/09
	Consolidated	Non-consolidated
Revenue	6,170,243	5,861,931
Current Profit	167,449	211,074
Net Profit	80,253	43,810
Net Assets	865,504	901,570

Recent Quarter 2024/03
	Consolidated	Non-consolidated
Revenue	3,355,735	-
Current Profit	236,766	-
Net Profit	159,838	-
Net Assets	1,026,626	-

Results Forecast 2024/09
	Consolidated	Non-consolidated
Revenue	6,508,000	-
Current Profit	232,000	-
Net Profit	173,000	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2021/09
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	430.35	871.50

Fiscal Year End:2022/09
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	35.90	834.24
Equity	47.06	909.41

Fiscal Year End:2023/09
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	85.09	917.63
Equity	46.45	955.86

Fiscal Year End:Interim Results 2024/03
	Consolidated	Non-consolidated
Dividend
Net Earning	169.46	-
Equity	-	-

Fiscal Year End:Results Forecast 2024/09
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	183.46	-
Equity	-	-

■Over allotment(29,800)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
90%	OKASAN SECURITIES GROUP INC	03-3272-2211
1.4%	Tokai Tokyo Securities Co., Ltd	03-3566-8811
1.4%	Ando Securities Co., Ltd	052-971-1511
1%	SMBC Nikko Securities Inc.	03-5644-3111
1%	SBI SECURITIES Co.,Ltd.	03-5562-7210
0.8%	IwaiCosmo Securities Co.,Ltd.	06-6229-2890
0.8%	KYOKUTO SECURITIES CO.,LTD	03-3667-9171
0.8%	J Trust Global Securities Co., Ltd.	03-4560-0200
0.8%	Marusan Securities Co., Ltd	03-3272-5211
0.4%	Akatsuki Securities,Inc	03-5641-7800
0.4%	TOYO SECURITIES CO.,LTD	03-5117-1040
0.4%	Matsui Securities Co., Ltd	03-5216-0606
0.4%	Mito Securities Co., Ltd	03-6739-0310
0.4%	Rakuten Securities Holdings, Inc.	03-6406-2681