Code	Sector	Market
5570	Communications	Growth

Date of listing approval	2023/03/13
Expected Date	2023/04/18
Lead Underwriter	Daiwa
Description

Listed Shares(total)	920,000
Trading Unit	100
New Shares	800,000
Existing Shares	120,000（only O.A.）
Shares Outstanding	PreIPO 14,195,000.00
	PostIPO 14,195,000.00
Paid Up Capital	PreIPO Y473,500,000
	PostIPO Y473,500,000
Expected Pricing Date	2023/03/30
Book Building Start	2023/04/03
Book Building End	2023/04/07
Fix Date	2023/04/10
Offering Starts	2023/04/11
Offering Ends	2023/04/14
Expect Pricing	Y450-Y470
Notional PER (based on previous period)	14.53-15.18
Notional PER(based on results forecast)	14.20-14.84
Offering Price	Y470
Offering Price PER (based on previous period)	14.20-14.84
Offering Price PBR (based on previous period)	2.60
Offering Price PER (based on results forecast)	14.84
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2020/09
	Consolidated	Non-consolidated
Revenue	-	997,271
Current Profit	-	526,972
Net Profit	-	363,933
Net Assets	-	1,463,025

Fiscal Year End:2021/09
	Consolidated	Non-consolidated
Revenue	-	1,051,899
Current Profit	-	514,509
Net Profit	-	355,369
Net Assets	-	2,077,275

Fiscal Year End:2022/09
	Consolidated	Non-consolidated
Revenue	-	1,162,160
Current Profit	-	596,801
Net Profit	-	412,231
Net Assets	-	2,287,681

Recent Quarter 2022/12
	Consolidated	Non-consolidated
Revenue	-	312,064
Current Profit	-	182,893
Net Profit	-	127,625
Net Assets	-	2,377,303

Results Forecast 2023/09
	Consolidated	Non-consolidated
Revenue	-	1,230,000
Current Profit	-	607,000
Net Profit	-	412,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2020/09
	Consolidated	Non-consolidated
Dividend	2.00
Net Earning	-	-
Equity	30.18	121.31

Fiscal Year End:2021/09
	Consolidated	Non-consolidated
Dividend	3.00
Net Earning	-	-
Equity	29.03	154.16

Fiscal Year End:2022/09
	Consolidated	Non-consolidated
Dividend	3.00
Net Earning	-	-
Equity	30.96	180.59

Fiscal Year End:Recent Quarter 2022/12
	Consolidated	Non-consolidated
Dividend
Net Earning	-	10.07
Equity	-	-

Fiscal Year End:Results Forecast 2023/09
	Consolidated	Non-consolidated
Dividend	3.00
Net Earning	-	31.68
Equity	-	-

■Over allotment(120,000)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
93%	Daiwa	03-5555-2111
1%	SBI SECURITIES Co.,Ltd.	03-5562-7210
1%	Matsui	03-5216-0606
1%	Mito	03-6739-0310
1%	Kyokuto	03-3667-9171
1%	kagawa	087-851-8181
1%	Toyo	03-5117-1040
1%	IwaiCosmo Securities Co.,Ltd.	06-6229-2890