Code	Sector	Market
296A	Service	Growth

Date of listing approval	2024/11/18
Expected Date	2024/12/23
Lead Underwriter	Daiwa Securities Co. Ltd
Description

Listed Shares(total)	3,450,000
Trading Unit	100
New Shares	500,000
Existing Shares	2,950,000（incl. O.A.）
Shares Outstanding	PreIPO 37,500,000.00
	PostIPO 38,000,000.00
Paid Up Capital	PreIPO Y100,000,000
	PostIPO Y182,800,000
Expected Pricing Date	2024/12/05
Book Building Start	2024/12/06
Book Building End	2024/12/12
Fix Date	2024/12/13
Offering Starts	2024/12/16
Offering Ends	2024/12/19
Expect Pricing	Y320-Y360
Notional PER (based on previous period)	20.87-23.48
Notional PER(based on results forecast)	15.94-17.94
Offering Price	Y360
Offering Price PER (based on previous period)	15.94-17.94
Offering Price PBR (based on previous period)	5.76
Offering Price PER (based on results forecast)	17.94
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Revenue	-	3,065,637
Current Profit	-	380,823
Net Profit	-	269,098
Net Assets	-	1,849,646

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Revenue	3,884,960	3,521,913
Current Profit	767,327	715,670
Net Profit	327,141	292,740
Net Assets	2,032,584	1,926,762

Fiscal Year End:2024/03
	Consolidated	Non-consolidated
Revenue	4,423,406	4,021,667
Current Profit	824,014	767,306
Net Profit	574,964	537,918
Net Assets	2,372,278	2,224,681

Recent Quarter 2024/09
	Consolidated	Non-consolidated
Revenue	2,364,151	-
Current Profit	651,913	-
Net Profit	419,211	-
Net Assets	2,366,634	-

Results Forecast 2025/03
	Consolidated	Non-consolidated
Revenue	4,934,000	-
Current Profit	1,083,000	-
Net Profit	755,000	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Dividend	5.75
Net Earning	-	-
Equity	7.18	49.32

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Dividend	6.40
Net Earning	8.72	53.52
Equity	7.81	51.38

Fiscal Year End:2024/03
	Consolidated	Non-consolidated
Dividend	11.50
Net Earning	15.33	62.48
Equity	14.34	59.32

Fiscal Year End:Interim Results 2024/09
	Consolidated	Non-consolidated
Dividend
Net Earning	11.18	-
Equity	-	-

Fiscal Year End:Results Forecast 2025/03
	Consolidated	Non-consolidated
Dividend	15.50
Net Earning	20.07	-
Equity	-	-

■Over allotment(450,000）

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
81%	Daiwa Securities Co. Ltd	03-5555-2111
7.5%	SBI SECURITIES Co.,Ltd.	03-5562-7210
6%	Nomura Securities Co., Ltd	03-3211-1811
1%	SMBC Nikko Securities Inc.	03-5644-3111
1%	Mizuho Securities Co., Ltd	03-5208-3210
0.5%	Tokai Tokyo Securities Co., Ltd	03-3566-8811
0.5%	KYOKUTO SECURITIES CO.,LTD	03-3667-9171
0.5%	OKASAN SECURITIES GROUP INC	03-3272-2211
0.5%	Monex, Inc	03-4323-3800
0.5%	Rakuten Securities Holdings, Inc.	03-6406-2681
0.5%	Matsui Securities Co., Ltd	03-5216-0606
0.5%	IwaiCosmo Securities Co.,Ltd.	06-6229-2890