Code	Sector	Market
378A	Service	Growth

Date of listing approval	2025/06/02
Expected Date	2025/07/04
Lead Underwriter	SBI SECURITIES Co.,Ltd.
Description

Listed Shares(total)	1,863,000
Trading Unit	100
New Shares	670,000
Existing Shares	1,193,000（incl. O.A.）
Shares Outstanding	PreIPO 5,560,000.00
	PostIPO 6,230,000.00
Paid Up Capital	PreIPO Y29,500,000
	PostIPO Y491,800,000
Expected Pricing Date	2025/06/17
Book Building Start	2025/06/19
Book Building End	2025/06/25
Fix Date	2025/06/26
Offering Starts	2025/06/27
Offering Ends	2025/07/02
Expect Pricing	Y1,430-Y1,500
Notional PER (based on previous period)	8.50-8.91
Notional PER(based on results forecast)	8.53-8.95
Offering Price	Y1,500
Offering Price PER (based on previous period)	8.53-8.95
Offering Price PBR (based on previous period)	3.23
Offering Price PER (based on results forecast)	8.95
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2022/06
	Consolidated	Non-consolidated
Revenue	-	2,601,105
Current Profit	-	704,767
Net Profit	-	-38,929
Net Assets	-	980,465

Fiscal Year End:2023/06
	Consolidated	Non-consolidated
Revenue	3,435,519	3,435,519
Current Profit	1,135,442	1,126,332
Net Profit	755,461	746,351
Net Assets	1,716,411	1,699,161

Fiscal Year End:2024/06
	Consolidated	Non-consolidated
Revenue	4,122,330	4,122,330
Current Profit	1,403,783	1,393,405
Net Profit	935,622	925,231
Net Assets	2,586,837	2,552,042

Recent Quarter 2024/12
	Consolidated	Non-consolidated
Revenue	2,235,713	-
Current Profit	729,720	-
Net Profit	480,477	-
Net Assets	2,968,682	-

Results Forecast 2025/06
	Consolidated	Non-consolidated
Revenue	4,462,000	-
Current Profit	1,413,000	-
Net Profit	932,000	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2022/06
	Consolidated	Non-consolidated
Dividend	5.00
Net Earning	-	-
Equity	-7.00	175.50

Fiscal Year End:2023/06
	Consolidated	Non-consolidated
Dividend	13.00
Net Earning	135.87	307.86
Equity	134.24	304.76

Fiscal Year End:2024/06
	Consolidated	Non-consolidated
Dividend	17.50
Net Earning	168.28	464.41
Equity	166.41	458.16

Fiscal Year End:Interim Results 2024/12
	Consolidated	Non-consolidated
Dividend
Net Earning	86.42	-
Equity	-	-

Fiscal Year End:Results Forecast 2025/06
	Consolidated	Non-consolidated
Dividend	17.50
Net Earning	167.63	-
Equity	-	-

■Over allotment (243,000)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
95%	SBI SECURITIES Co.,Ltd.	03-5562-7210
3%	Mizuho Securities Co., Ltd	03-5208-3210
0.5%	OKASAN SECURITIES GROUP INC	03-3272-2211
0.5%	Matsui Securities Co., Ltd	03-5216-0606
0.5%	TOYO SECURITIES CO.,LTD	03-5117-1040
0.5%	Monex, Inc	03-4323-3800