Code	Sector	Market
287A	Wholesale	Standard

Date of listing approval	2024/11/12
Expected Date	2024/12/17
Lead Underwriter	SMBC Nikko Securities Inc. Nomura Securities Co., Ltd
Description

Listed Shares(total)	13,970,400
Trading Unit	100
New Shares	0
Existing Shares	13,970,400（incl. O.A.）
Shares Outstanding	PreIPO 46,568,020.00
	PostIPO 46,568,020.00
Paid Up Capital	PreIPO Y11,642,005,000
	PostIPO Y11,642,005,000
Expected Pricing Date	2024/11/28
Book Building Start	2024/11/29
Book Building End	2024/12/04
Fix Date	2024/12/06
Offering Starts	2024/12/09
Offering Ends	2024/12/12
Expect Pricing	Y640-Y700
Notional PER (based on previous period)	73.56-80.46
Notional PER(based on results forecast)	7.44-8.14
Offering Price	Y700
Offering Price PER (based on previous period)	7.44-8.14
Offering Price PBR (based on previous period)	0.87
Offering Price PER (based on results forecast)	8.14
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Revenue	-	4,090,000
Current Profit	-	3,600,000
Net Profit	-	2,902,000
Net Assets	-	22,758,000

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Revenue	139,275,000	4,533,000
Current Profit	4,074,000	3,581,000
Net Profit	2,597,000	2,278,000
Net Assets	34,619,000	25,190,000

Fiscal Year End:2024/03
	Consolidated	Non-consolidated
Revenue	126,691,000	7,272,000
Current Profit	1,168,000	4,756,000
Net Profit	378,000	4,487,000
Net Assets	34,144,000	26,523,000

Recent Quarter 2024/09
	Consolidated	Non-consolidated
Revenue	60,360,000	-
Current Profit	2,991,000	-
Net Profit	2,335,000	-
Net Assets	36,445,000	-

Results Forecast 2025/03
	Consolidated	Non-consolidated
Revenue	121,000,000	-
Current Profit	5,600,000	-
Net Profit	3,650,000	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	62.33	488.72

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	55.76	740.32
Equity	48.92	537.64

Fiscal Year End:2024/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	8.70	804.34
Equity	103.27	624.83

Fiscal Year End:Interim Results 2024/09
	Consolidated	Non-consolidated
Dividend
Net Earning	54.20	-
Equity	-	-

Fiscal Year End:Results Forecast 2025/03
	Consolidated	Non-consolidated
Dividend
Net Earning	85.98	-
Equity	-	-

■Over allotment(1,822,200）

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
57.3%	SMBC Nikko Securities Inc.	03-5644-3111
38.2%	Nomura Securities Co., Ltd	03-3211-1811
1%	Daiwa Securities Co. Ltd	03-5555-2111
1%	Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.	03-6213-8500
1%	Mizuho Securities Co., Ltd	03-5208-3210
0.5%	SBI SECURITIES Co.,Ltd.	03-5562-7210
0.5%	Rakuten Securities Holdings, Inc.	03-6406-2681
0.5%	Monex, Inc	03-4323-3800