Code	Sector	Market
5241	Communications	Next

Date of listing approval	2024/11/20
Expected Date	2024/12/23
Lead Underwriter	J Trust Global Securities Co., Ltd.
Description

Listed Shares(total)	207,000
Trading Unit	100
New Shares	120,000
Existing Shares	87,000（incl. O.A.）
Shares Outstanding	PreIPO 684,000.00
	PostIPO 804,000.00
Paid Up Capital	PreIPO Y90,000,000
	PostIPO Y120,360,000
Expected Pricing Date	2024/12/04
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	Y510-Y550
Notional PER (based on previous period)	12.97-13.99
Notional PER(based on results forecast)	4.90-5.28
Offering Price	Y550
Offering Price PER (based on previous period)	4.90-5.28
Offering Price PBR (based on previous period)	0.67
Offering Price PER (based on results forecast)	5.28
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2021/12
	Consolidated	Non-consolidated
Revenue	-	2,560,310
Current Profit	-	99,149
Net Profit	-	69,556
Net Assets	-	490,430

Fiscal Year End:2022/12
	Consolidated	Non-consolidated
Revenue	-	2,404,281
Current Profit	-	57,493
Net Profit	-	39,628
Net Assets	-	538,013

Fiscal Year End:2023/12
	Consolidated	Non-consolidated
Revenue	-	2,731,001
Current Profit	-	37,411
Net Profit	-	26,895
Net Assets	-	557,341

Recent Quarter 2024/06
	Consolidated	Non-consolidated
Revenue	-	1,416,706
Current Profit	-	63,090
Net Profit	-	41,654
Net Assets	-	591,256

Results Forecast 2024/12
	Consolidated	Non-consolidated
Revenue	-	2,915,000
Current Profit	-	109,000
Net Profit	-	71,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2021/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	104.13	734.18

Fiscal Year End:2022/12
	Consolidated	Non-consolidated
Dividend	13.00
Net Earning	-	-
Equity	58.27	786.57

Fiscal Year End:2023/12
	Consolidated	Non-consolidated
Dividend	13.00
Net Earning	-	-
Equity	39.32	814.83

Fiscal Year End:Interim Results 2024/06
	Consolidated	Non-consolidated
Dividend
Net Earning	-	60.90
Equity	-	-

Fiscal Year End:Results Forecast 2024/12
	Consolidated	Non-consolidated
Dividend	18.00
Net Earning	-	104.12
Equity	-	-

■Over allotment(27,000)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
87%	J Trust Global Securities Co., Ltd.	03-4560-0200
5%	SBI SECURITIES Co.,Ltd.	03-5562-7210
3%	Rakuten Securities Holdings, Inc.	03-6406-2681
3%	OKASAN SECURITIES GROUP INC	03-3272-2211
2%	Marusan Securities Co., Ltd	03-3272-5211