Code	Sector	Market
302A	Service	Growth

Date of listing approval	2024/11/22
Expected Date	2024/12/27
Lead Underwriter	SMBC Nikko Securities Inc.
Description

Listed Shares(total)	655,500
Trading Unit	100
New Shares	200,000
Existing Shares	455,500（incl. O.A.）
Shares Outstanding	PreIPO 1,249,600.00
	PostIPO 1,449,600.00
Paid Up Capital	PreIPO Y119,079,000
	PostIPO Y309,519,000
Expected Pricing Date	2024/12/11
Book Building Start	2024/12/12
Book Building End	2024/12/18
Fix Date	2024/12/19
Offering Starts	2024/12/20
Offering Ends	2024/12/25
Expect Pricing	Y1,980-Y2,070
Notional PER (based on previous period)	5.46-5.71
Notional PER(based on results forecast)	7.44-7.78
Offering Price	Y2,070
Offering Price PER (based on previous period)	7.44-7.78
Offering Price PBR (based on previous period)	3.17
Offering Price PER (based on results forecast)	7.78
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Revenue	-	928,383
Current Profit	-	-11,504
Net Profit	-	-73,309
Net Assets	-	-529,774

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Revenue	10,195,350	1,048,685
Current Profit	203,543	-53,300
Net Profit	87,535	-162,294
Net Assets	176,511	-693,106

Fiscal Year End:2024/03
	Consolidated	Non-consolidated
Revenue	10,826,944	1,338,922
Current Profit	247,179	186,997
Net Profit	344,538	314,979
Net Assets	621,489	-376,327

Recent Quarter 2024/09
	Consolidated	Non-consolidated
Revenue	5,656,164	-
Current Profit	118,378	-
Net Profit	80,584	-
Net Assets	767,724	-

Results Forecast 2025/03
	Consolidated	Non-consolidated
Revenue	11,916,000	-
Current Profit	473,000	-
Net Profit	311,000	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-77.20	-559.10

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	92.18	184.67
Equity	-170.91	-731.10

Fiscal Year End:2024/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	362.82	653.26
Equity	331.70	-397.51

Fiscal Year End:Interim Results 2024/09
	Consolidated	Non-consolidated
Dividend
Net Earning	81.76	-
Equity	-	-

Fiscal Year End:Results Forecast 2025/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	266.12	-
Equity	-	-

■Over allotment(85,500)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
91%	SMBC Nikko Securities Inc.	03-5644-3111
3%	Mizuho Securities Co., Ltd	03-5208-3210
2%	SBI SECURITIES Co.,Ltd.	03-5562-7210
1%	KYOKUTO SECURITIES CO.,LTD	03-3667-9171
1%	Mito Securities Co., Ltd	03-6739-0310
1%	OKASAN SECURITIES GROUP INC	03-3272-2211
0.5%	Monex, Inc	03-4323-3800
0.5%	Matsui Securities Co., Ltd	03-5216-0606