Code	Sector	Market
143A	Service	Growth

Date of listing approval	2024/02/20
Expected Date	2024/03/25
Lead Underwriter	Mizuho
Description

Listed Shares(total)	563,500
Trading Unit	100
New Shares	240,000
Existing Shares	323,500（incl. O.A.）
Shares Outstanding	PreIPO 1,600,000.00
	PostIPO 1,840,000.00
Paid Up Capital	PreIPO Y8,000,000
	PostIPO Y127,232,000
Expected Pricing Date	2024/03/05
Book Building Start	2024/03/06
Book Building End	2024/03/12
Fix Date	2024/03/13
Offering Starts	2024/03/14
Offering Ends	2024/03/19
Expect Pricing	Y1,000-Y1,080
Notional PER (based on previous period)	19.10-20.63
Notional PER(based on results forecast)	12.67-13.69
Offering Price	Y1,080
Offering Price PER (based on previous period)	12.67-13.69
Offering Price PBR (based on previous period)	3.02
Offering Price PER (based on results forecast)	13.69
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2021/03
	Consolidated	Non-consolidated
Revenue	-	723,792
Current Profit	-	12,167
Net Profit	-	15,719
Net Assets	-	293,742

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Revenue	1,024,213	981,251
Current Profit	116,692	139,528
Net Profit	97,271	105,814
Net Assets	945,701	399,557

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Revenue	1,148,005	1,129,190
Current Profit	111,047	131,822
Net Profit	83,772	125,198
Net Assets	1,174,261	524,755

Recent Quarter 2023/12
	Consolidated	Non-consolidated
Revenue	884,903	-
Current Profit	120,675	-
Net Profit	89,971	-
Net Assets	1,218,331	-

Results Forecast 2024/03
	Consolidated	Non-consolidated
Revenue	1,278,000	-
Current Profit	165,000	-
Net Profit	126,000	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2021/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	9.82	183.59

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	60.79	296.75
Equity	66.13	249.72

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	52.36	358.14
Equity	78.25	327.97

Fiscal Year End:Recent Quarter 2023/12
	Consolidated	Non-consolidated
Dividend
Net Earning	56.23	-
Equity	-	-

Fiscal Year End:Results Forecast 2024/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	78.91	-
Equity	-	-

■Over allotment(73,500)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
93%	Mizuho	03-5208-3210
2%	SMBC Nikko	03-5644-3111
1%	SBI SECURITIES Co.,Ltd.	03-5562-7210
1%	Matsui	03-5216-0606
1%	Monex	03-4323-3800
0.5%	IwaiCosmo Securities Co.,Ltd.	06-6229-2890
0.5%	Kyokuto	03-3667-9171
0.5%	Tokai Tokyo	03-3566-8811
0.5%	Marusan	03-3272-5211