Code	Sector	Market
269A	Communications	Growth

Date of listing approval	2024/09/24
Expected Date	2024/10/29
Lead Underwriter	SMBC Nikko Securities Inc.
Description

Listed Shares(total)	371,400
Trading Unit	100
New Shares	140,000
Existing Shares	231,400（incl. O.A.）
Shares Outstanding	PreIPO 1,388,700.00
	PostIPO 1,528,700.00
Paid Up Capital	PreIPO Y232,856,000
	PostIPO Y329,456,000
Expected Pricing Date	2024/10/10
Book Building Start	2024/10/11
Book Building End	2024/10/18
Fix Date	2024/10/21
Offering Starts	2024/10/22
Offering Ends	2024/10/25
Expect Pricing	Y1,450-Y1,500
Notional PER (based on previous period)	-10.93--11.31
Notional PER(based on results forecast)	-27.36--28.31
Offering Price	Y1,500
Offering Price PER (based on previous period)	-27.36--28.31
Offering Price PBR (based on previous period)	-6.59
Offering Price PER (based on results forecast)	-28.31
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2021/09
	Consolidated	Non-consolidated
Revenue	-	203,140
Current Profit	-	-13,959
Net Profit	-	-14,139
Net Assets	-	-16,025

Fiscal Year End:2022/09
	Consolidated	Non-consolidated
Revenue	-	300,089
Current Profit	-	-89,363
Net Profit	-	-89,543
Net Assets	-	-105,569

Fiscal Year End:2023/09
	Consolidated	Non-consolidated
Revenue	-	421,163
Current Profit	-	-147,236
Net Profit	-	-147,415
Net Assets	-	-252,901

Recent Quarter 2024/03
	Consolidated	Non-consolidated
Revenue	-	285,737
Current Profit	-	-14,791
Net Profit	-	-14,881
Net Assets	-	-267,783

Results Forecast 2024/09
	Consolidated	Non-consolidated
Revenue	-	624,000
Current Profit	-	-64,000
Net Profit	-	-65,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2021/09
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-12.72	-14.42

Fiscal Year End:2022/09
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-80.59	-95.01

Fiscal Year End:2023/09
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-132.67	-227.61

Fiscal Year End:Interim Results 2024/03
	Consolidated	Non-consolidated
Dividend
Net Earning	-	-13.39
Equity	-	-

Fiscal Year End:Results Forecast 2024/09
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-52.99
Equity	-	-

■Over allotment(48,400）

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
93.1%	SMBC Nikko Securities Inc.	03-5644-3111
1%	Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.	03-6213-8500
1%	IwaiCosmo Securities Co.,Ltd.	06-6229-2890
1%	SBI SECURITIES Co.,Ltd.	03-5562-7210
1%	OKASAN SECURITIES GROUP INC	03-3272-2211
1%	Rakuten Securities Holdings, Inc.	03-6406-2681
0.5%	Akatsuki Securities,Inc	03-5641-7800
0.5%	Matsui Securities Co., Ltd	03-5216-0606
0.5%	Monex, Inc	03-4323-3800
0.5%	Mito Securities Co., Ltd	03-6739-0310