Code	Sector	Market
479A	Communications	Growth

Date of listing approval	2025/11/20
Expected Date	2025/12/24
Lead Underwriter	Daiwa Securities Co. Ltd
Description

Listed Shares(total)	1,729,300
Trading Unit	100
New Shares	250,000
Existing Shares	1,479,300
Shares Outstanding	PreIPO 4,132,560.00
	PostIPO 4,382,560.00
Paid Up Capital	PreIPO Y100,000,000
	PostIPO
Expected Pricing Date	2025/12/05
Book Building Start	2025/12/09
Book Building End	2025/12/15
Fix Date	2025/12/16
Offering Starts	2025/12/17
Offering Ends	2025/12/22
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:2022/12
	Consolidated	Non-consolidated
Revenue	-	1,216,601
Current Profit	-	-621,981
Net Profit	-	-624,271
Net Assets	-	127,557

Fiscal Year End:2023/12
	Consolidated	Non-consolidated
Revenue	-	1,683,982
Current Profit	-	-727,247
Net Profit	-	-729,514
Net Assets	-	922,975

Fiscal Year End:2024/12
	Consolidated	Non-consolidated
Revenue	-	2,197,804
Current Profit	-	-383,095
Net Profit	-	-270,464
Net Assets	-	663,207

Recent Quarter 2025/09
	Consolidated	Non-consolidated
Revenue	-	2,306,158
Current Profit	-	326,663
Net Profit	-	466,403
Net Assets	-	1,153,570

Per Share Units:Y1

Fiscal Year End:2022/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-194.04	-588.43

Fiscal Year End:2023/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-188.10	-913.05

Fiscal Year End:2024/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-65.45	-1,033.41

■Over allotment (259,300)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
0%	Daiwa Securities Co. Ltd	03-5555-2111
0%	SBI SECURITIES Co.,Ltd.	03-5562-7210
0%	Mizuho Securities Co., Ltd	03-5208-3210
0%	Rakuten Securities Holdings, Inc.	03-6406-2681