Code	Sector	Market
441A	Communications	Growth

Date of listing approval	2025/09/30
Expected Date	2025/11/04
Lead Underwriter	Mizuho Securities Co., Ltd
Description

Listed Shares(total)	500,000
Trading Unit	100
New Shares	500,000
Existing Shares	0
Shares Outstanding	PreIPO 16,001,001.00
	PostIPO 16,501,001.00
Paid Up Capital	PreIPO Y100,000,000
	PostIPO
Expected Pricing Date	2025/10/15
Book Building Start	2025/10/17
Book Building End	2025/10/23
Fix Date	2025/10/24
Offering Starts	2025/10/27
Offering Ends	2025/10/30
Expect Pricing	-
Notional PER (based on previous period)	-
Offering Price
Offering Price PER (based on previous period)	-
Offering Price PBR (based on previous period)
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2023/04
	Consolidated	Non-consolidated
Revenue	-	2,536,535
Current Profit	-	1,063,471
Net Profit	-	537,929
Net Assets	-	2,016,692

Fiscal Year End:2024/04
	Consolidated	Non-consolidated
Revenue	-	3,768,153
Current Profit	-	1,588,306
Net Profit	-	1,032,903
Net Assets	-	2,887,596

Fiscal Year End:2025/04
	Consolidated	Non-consolidated
Revenue	-	3,925,256
Current Profit	-	1,524,630
Net Profit	-	940,109
Net Assets	-	3,517,705

Recent Quarter 2025/07
	Consolidated	Non-consolidated
Revenue	-	993,446
Current Profit	-	356,694
Net Profit	-	238,878
Net Assets	-	3,476,584

Per Share Units:Y1

Fiscal Year End:2023/04
	Consolidated	Non-consolidated
Dividend	10.12
Net Earning	-	-
Equity	33.62	126.04

Fiscal Year End:2024/04
	Consolidated	Non-consolidated
Dividend	19.37
Net Earning	-	-
Equity	64.55	180.46

Fiscal Year End:2025/04
	Consolidated	Non-consolidated
Dividend	17.50
Net Earning	-	-
Equity	58.75	219.84

Fiscal Year End:Recent Quarter 2025/07
	Consolidated	Non-consolidated
Dividend
Net Earning	-	14.93
Equity	-	-

■Over allotment (75,000)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
0%	Mizuho Securities Co., Ltd	03-5208-3210
0%	SBI SECURITIES Co.,Ltd.	03-5562-7210
0%	Rakuten Securities Holdings, Inc.	03-6406-2681