Code	Sector	Market
5572	Communications	Growth

Date of listing approval	2023/03/23
Expected Date	2023/04/26
Lead Underwriter	SMBC Nikko
Description

Listed Shares(total)	679,600
Trading Unit	100
New Shares	330,000
Existing Shares	349,600（incl. O.A.）
Shares Outstanding	PreIPO 3,464,130.00
	PostIPO 3,794,130.00
Paid Up Capital	PreIPO Y100,000,000
	PostIPO Y365,650,000
Expected Pricing Date	2023/04/10
Book Building Start	2023/04/11
Book Building End	2023/04/17
Fix Date	2023/04/18
Offering Starts	2023/04/19
Offering Ends	2023/04/24
Expect Pricing	Y1,600-Y1,750
Notional PER (based on previous period)	36.93-40.40
Notional PER(based on results forecast)	48.94-53.53
Offering Price	Y1,750
Offering Price PER (based on previous period)	48.94-53.53
Offering Price PBR (based on previous period)	-22.76
Offering Price PER (based on results forecast)	53.53
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2020/07
	Consolidated	Non-consolidated
Revenue	-	354,117
Current Profit	-	-162,957
Net Profit	-	-163,287
Net Assets	-	632,325

Fiscal Year End:2021/07
	Consolidated	Non-consolidated
Revenue	-	419,445
Current Profit	-	-147,401
Net Profit	-	-148,761
Net Assets	-	1,263,563

Fiscal Year End:2022/07
	Consolidated	Non-consolidated
Revenue	-	968,521
Current Profit	-	109,500
Net Profit	-	150,061
Net Assets	-	1,413,624

Recent Quarter 2023/01
	Consolidated	Non-consolidated
Revenue	-	436,976
Current Profit	-	83,422
Net Profit	-	57,867
Net Assets	-	1,471,490

Results Forecast 2023/07
	Consolidated	Non-consolidated
Revenue	-	1,000,000
Current Profit	-	161,000
Net Profit	-	113,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2020/07
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-52.25	-85.66

Fiscal Year End:2021/07
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-44.69	-120.21

Fiscal Year End:2022/07
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	43.32	-76.90

Fiscal Year End:Interim Results 2023/01
	Consolidated	Non-consolidated
Dividend
Net Earning	-	16.70
Equity	-	-

Fiscal Year End:Results Forecast 2023/07
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	32.69
Equity	-	-

■Over allotment(88,600)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
90%	SMBC Nikko	03-5644-3111
3%	Mizuho	03-5208-3210
3%	SBI SECURITIES Co.,Ltd.	03-5562-7210
1%	Kyokuto	03-3667-9171
1%	Mito	03-6739-0310
1%	Matsui	03-5216-0606
1%	Rakuten Securities	03-6406-2681