Code	Sector	Market
285A	Electric Equipment	Prime

Date of listing approval	2024/11/22
Expected Date	2024/12/18
Lead Underwriter	Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Nomura Securities Co., Ltd
Description

Listed Shares(total)	82,733,900
Trading Unit	100
New Shares	21,562,500
Existing Shares	61,171,400（incl. O.A.）
Shares Outstanding	PreIPO 517,500,000.00
	PostIPO 539,062,500.00
Paid Up Capital	PreIPO Y10,000,000,000
	PostIPO Y24,984,751,563
Expected Pricing Date	2024/12/02
Book Building Start	2024/12/02
Book Building End	2024/12/06
Fix Date	2024/12/09
Offering Starts	2024/12/10
Offering Ends	2024/12/13
Expect Pricing	Y1,390-Y1,520
Notional PER (based on previous period)	-2.95--3.23
Notional PER(based on results forecast)	8.62-9.43
Offering Price	Y1,455
Offering Price PER (based on previous period)	8.62-9.43
Offering Price PBR (based on previous period)	1.67
Offering Price PER (based on results forecast)	9.02
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Revenue	1,526,495,000	6,048,000
Current Profit	154,356,000	1,474,000
Net Profit	105,921,000	950,000
Net Assets	793,855,000	1,164,491,000

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Revenue	1,282,101,000	5,625,000
Current Profit	-186,443,000	1,224,000
Net Profit	-138,141,000	611,000
Net Assets	658,068,000	1,152,166,000

Fiscal Year End:2024/03
	Consolidated	Non-consolidated
Revenue	1,076,584,000	6,417,000
Current Profit	-343,330,000	1,169,000
Net Profit	-243,728,000	892,000
Net Assets	449,635,000	1,153,019,000

Recent Quarter 2024/09
	Consolidated	Non-consolidated
Revenue	909,408,000	-
Current Profit	248,919,000	-
Net Profit	175,980,000	-
Net Assets	617,809,000	-

Results Forecast 2025/03
	Consolidated	Non-consolidated
Revenue	480,000,000	-
Current Profit	138,000,000	-
Net Profit	84,000,840	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	204.68	1,534.02
Equity	1.84	1,643.71

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-266.94	1,271.63
Equity	1.18	1,644.89

Fiscal Year End:2024/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-470.97	868.86
Equity	-0.89	1,620.40

Fiscal Year End:Interim Results 2024/09
	Consolidated	Non-consolidated
Dividend
Net Earning	340.06	-
Equity	-	-

Fiscal Year End:Results Forecast 2025/03
	Consolidated	Non-consolidated
Dividend
Net Earning	161.22	-
Equity	-	-

■Over allotment(10,791,300）

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
21.44%	Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.	03-6213-8500
22.57%	Nomura Securities Co., Ltd	03-3211-1811
1.13%	Mitsubishi UFJ Morgan Stanley Securities Co., Ltd	03-5424-5000
1.67%	BofA Securities Japan Co., Ltd.	03-6225-7000
18.05%	SMBC Nikko Securities Inc.	03-5644-3111
17.1%	Mizuho Securities Co., Ltd	03-5208-3210
14.72%	Daiwa Securities Co. Ltd	03-5555-2111
1.9%	SBI SECURITIES Co.,Ltd.	03-5562-7210
0.47%	Rakuten Securities Holdings, Inc.	03-6406-2681
0.47%	Matsui Securities Co., Ltd	03-5216-0606
0.47%	Monex, Inc	03-4323-3800