Code	Sector	Market
4052	Communications	MTH

Date of listing approval	2020/05/21
Expected Date	2020/06/24
Lead Underwriter	SMBC Nikko
Description	Development of image recognition software

Listed Shares(total)	667,000
Trading Unit	100
New Shares	150,000
Existing Shares	517,000（incl. O.A.）
Shares Outstanding	PreIPO 5,259,000.00
	PostIPO 5,409,000.00
Paid Up Capital	PreIPO Y213,000,000
	PostIPO Y248,880,000
Expected Pricing Date	2020/06/08
Book Building Start	2020/06/09
Book Building End	2020/06/15
Fix Date	2020/06/16
Offering Starts	2020/06/17
Offering Ends	2020/06/22
Expect Pricing	Y470-Y520
Notional PER (based on previous period)	-301.28--333.33
Offering Price	Y520
Offering Price PER (based on previous period)	-
Offering Price PBR (based on previous period)	-390.98
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2017/06
	Consolidated	Non-consolidated
Revenue	-	83,940
Current Profit	-	-27,603
Net Profit	-	-27,894
Net Assets	-	108,119

Fiscal Year End:2018/06
	Consolidated	Non-consolidated
Revenue	210,396	210,396
Current Profit	50,661	53,165
Net Profit	42,587	45,091
Net Assets	395,026	397,851

Fiscal Year End:2019/06
	Consolidated	Non-consolidated
Revenue	282,465	282,465
Current Profit	-5,531	-17,386
Net Profit	-8,203	-17,676
Net Assets	386,405	380,174

Recent Quarter 2020/03
	Consolidated	Non-consolidated
Revenue	311,642	-
Current Profit	74,889	-
Net Profit	52,484	-
Net Assets	438,496	-

Per Share Units:Y1

Fiscal Year End:2017/06
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-6.01	-8.59

Fiscal Year End:2018/06
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	8.10	0.31
Equity	8.57	0.85

Fiscal Year End:2019/06
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-1.56	-1.33
Equity	-3.36	-2.51

Fiscal Year End:Recent Quarter 2020/03
	Consolidated	Non-consolidated
Dividend
Net Earning	9.98	-
Equity	-	-

■Over allotment(87,000)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
85%	SMBC Nikko	03-5644-3111
5%	Daiwa	03-5555-2111
2%	Mito	03-6739-0310
1%	Kyokuto	03-3667-9171
1%	Mizuho	03-5208-3210
1%	Ace	06-6267-2111
1%	Toyo	03-5117-1040
1%	SBI SECURITIES Co.,Ltd.	03-5562-7210
1%	Rakuten Securities	03-6406-2681
1%	Ichiyoshi	03-3555-6210
1%	IwaiCosmo Securities Co.,Ltd.	06-6229-2890