Code	Sector	Market
656A	Communications	Growth

Date of listing approval	2026/09/30
Expected Date	2026/11/04
Lead Underwriter	SMBC Nikko Securities Inc.
Description

Listed Shares(total)	3,613,000
Trading Unit	100
New Shares	658,100
Existing Shares	2,954,900
Shares Outstanding	PreIPO 18,415,288.00
	PostIPO 19,073,388.00
Paid Up Capital	PreIPO Y49,000,000
	PostIPO
Expected Pricing Date	2026/10/16
Book Building Start	2026/10/19
Book Building End	2026/10/23
Fix Date	2026/10/26
Offering Starts	2026/10/27
Offering Ends	2026/10/30
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:2023/09
	Consolidated	Non-consolidated
Revenue	-
Current Profit	-	-183,000
Net Profit	-	-209,000
Net Assets	-	-241,000

Fiscal Year End:2024/09
	Consolidated	Non-consolidated
Revenue	684,000	11,000
Current Profit	-790,000	-290,000
Net Profit	-746,000	-291,000
Net Assets	2,942,000	2,522,000

Fiscal Year End:2025/09
	Consolidated	Non-consolidated
Revenue	1,336,000	26,000
Current Profit	-5,000	219,000
Net Profit	9,000	219,000
Net Assets	2,961,000	2,744,000

Recent Quarter 2026/03
	Consolidated	Non-consolidated
Revenue	933,000	-
Current Profit	384,000	-
Net Profit	320,000	-
Net Assets	3,312,000	-

Per Share Units:Y1

Fiscal Year End:2023/09
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-43.80	-253.44

Fiscal Year End:2024/09
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-133.91	-233.40
Equity	-72.81	-289.35

Fiscal Year End:2025/09
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-35.13	-229.17
Equity	-7.38	-257.81

Fiscal Year End:Interim Results 2026/03
	Consolidated	Non-consolidated
Dividend
Net Earning	23.28	-
Equity	-	-

■Over allotment (541,900)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
0%	SMBC Nikko Securities Inc.	03-5644-3111
0%	Daiwa Securities Co. Ltd	03-5555-2111
0%	SBI SECURITIES Co.,Ltd.	03-5562-7210