Code	Sector	Market
290A	Communications	Growth

Date of listing approval	2024/11/14
Expected Date	2024/12/19
Lead Underwriter	Nomura Securities Co., Ltd
Description

Listed Shares(total)	24,499,800
Trading Unit	100
New Shares	21,304,200
Existing Shares	3,195,600（only O.A.）
Shares Outstanding	PreIPO 86,944,950.00
	PostIPO 108,249,150.00
Paid Up Capital	PreIPO Y2,950,120,000
	PostIPO Y7,177,266,400
Expected Pricing Date	2024/12/03
Book Building Start	2024/12/04
Book Building End	2024/12/09
Fix Date	2024/12/10
Offering Starts	2024/12/11
Offering Ends	2024/12/16
Expect Pricing	Y460-Y480
Notional PER (based on previous period)	-22.33--23.30
Notional PER(based on results forecast)	-11.13--11.61
Offering Price	Y480
Offering Price PER (based on previous period)	-11.13--11.61
Offering Price PBR (based on previous period)	-2.48
Offering Price PER (based on results forecast)	-11.61
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2021/12
	Consolidated	Non-consolidated
Revenue	-	52,401
Current Profit	-	-2,460,388
Net Profit	-	-2,465,368
Net Assets	-	8,939,441

Fiscal Year End:2022/12
	Consolidated	Non-consolidated
Revenue	492,413	498,743
Current Profit	-4,340,711	-4,333,721
Net Profit	-6,272,235	-6,265,062
Net Assets	8,092,159	8,124,448

Fiscal Year End:2023/12
	Consolidated	Non-consolidated
Revenue	1,386,283	1,414,347
Current Profit	-1,951,232	-2,000,823
Net Profit	-1,520,458	-1,559,650
Net Assets	7,870,638	7,864,980

Recent Quarter 2024/06
	Consolidated	Non-consolidated
Revenue	1,037,072	-
Current Profit	-1,262,273	-
Net Profit	-1,266,795	-
Net Assets	12,366,402	-

Results Forecast 2024/12
	Consolidated	Non-consolidated
Revenue	2,283,000	-
Current Profit	-3,465,000	-
Net Profit	-3,471,000	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2021/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-44.81	-110.12

Fiscal Year End:2022/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-88.42	-179.97
Equity	-88.32	-179.52

Fiscal Year End:2023/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-20.60	-193.87
Equity	-21.13	-193.95

Fiscal Year End:Interim Results 2024/06
	Consolidated	Non-consolidated
Dividend
Net Earning	-16.16	-
Equity	-	-

Fiscal Year End:Results Forecast 2024/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-41.34	-
Equity	-	-

■Over allotment(3,195,600）

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
89.9%	Nomura Securities Co., Ltd	03-3211-1811
3%	Mizuho Securities Co., Ltd	03-5208-3210
2%	SBI SECURITIES Co.,Ltd.	03-5562-7210
1.5%	Tokai Tokyo Securities Co., Ltd	03-3566-8811
1%	Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.	03-6213-8500
1%	SMBC Nikko Securities Inc.	03-5644-3111
1%	Daiwa Securities Co. Ltd	03-5555-2111
0.2%	Monex, Inc	03-4323-3800
0.2%	Rakuten Securities Holdings, Inc.	03-6406-2681
0.2%	AIZAWA SECURITIES GROUP CO., LTD	03-3272-3118