Code	Sector	Market
9158	Service	Growth

Date of listing approval	2023/05/18
Expected Date	2023/06/21
Lead Underwriter	Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Mizuho
Description

Listed Shares(total)	7,360,000
Trading Unit	100
New Shares	6,400,000
Existing Shares	960,000（only O.A.）
Shares Outstanding	PreIPO 22,630,400.00
	PostIPO 29,030,400.00
Paid Up Capital	PreIPO Y1,063,047,000
	PostIPO Y3,834,835,800
Expected Pricing Date	2023/06/05
Book Building Start	2023/06/05
Book Building End	2023/06/09
Fix Date	2023/06/12
Offering Starts	2023/06/13
Offering Ends	2023/06/16
Expect Pricing	Y1,800-Y1,920
Notional PER (based on previous period)	13.88-14.81
Notional PER(based on results forecast)	23.85-25.44
Offering Price	Y1,920
Offering Price PER (based on previous period)	23.85-25.44
Offering Price PBR (based on previous period)	4.24
Offering Price PER (based on results forecast)	25.44
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2020/03
	Consolidated	Non-consolidated
Revenue	-	3,818,000
Current Profit	-	312,000
Net Profit	-	122,000
Net Assets	-	3,325,000

Fiscal Year End:2021/03
	Consolidated	Non-consolidated
Revenue	16,606,000	3,956,000
Current Profit	1,572,000	795,000
Net Profit	1,100,000	574,000
Net Assets	4,734,000	3,899,000

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Revenue	35,314,000	15,435,000
Current Profit	3,622,000	2,394,000
Net Profit	2,707,000	1,726,000
Net Assets	9,457,000	7,375,000

Recent Quarter 2022/12
	Consolidated	Non-consolidated
Revenue	27,445,000	-
Current Profit	3,132,000	-
Net Profit	2,144,000	-
Net Assets	11,326,000	-

Results Forecast 2024/03
	Consolidated	Non-consolidated
Revenue	31,864,000	-
Current Profit	3,164,000	-
Net Profit	2,033,000	-
Net Assets	-

Per Share Units:Y1

Fiscal Year End:2020/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	5.73	150.51

Fiscal Year End:2021/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	52.71	226.83
Equity	25.98	176.49

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	129.68	453.12
Equity	78.53	335.57

Fiscal Year End:Recent Quarter 2022/12
	Consolidated	Non-consolidated
Dividend
Net Earning	101.86	-
Equity	-	-

Fiscal Year End:Results Forecast 2024/03
	Consolidated	Non-consolidated
Dividend
Net Earning	75.47	-
Equity	-	-

■Over allotment(960,000)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
53%	Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.	03-6213-8500
24%	Mizuho	03-5208-3210
20%	Goldman Sachs	03-6437-1000
1.6%	SMBC Nikko	03-5644-3111
0.8%	SBI SECURITIES Co.,Ltd.	03-5562-7210
0.2%	Matsui	03-5216-0606
0.2%	Monex	03-4323-3800
0.2%	Rakuten Securities	03-6406-2681