Code	Sector	Market
156A	Service	Growth

Date of listing approval	2024/02/22
Expected Date	2024/03/29
Lead Underwriter	Nomura
Description

Listed Shares(total)	5,620,100
Trading Unit	100
New Shares	50,000
Existing Shares	5,570,100（incl. O.A.）
Shares Outstanding	PreIPO 9,827,197.00
	PostIPO 9,877,197.00
Paid Up Capital	PreIPO Y90,000,000
	PostIPO Y117,140,000
Expected Pricing Date	2024/03/12
Book Building Start	2024/03/13
Book Building End	2024/03/18
Fix Date	2024/03/19
Offering Starts	2024/03/21
Offering Ends	2024/03/26
Expect Pricing	Y1,100-Y1,180
Notional PER (based on previous period)	24.69-26.48
Notional PER(based on results forecast)	14.44-15.49
Offering Price	Y1,180
Offering Price PER (based on previous period)	14.44-15.49
Offering Price PBR (based on previous period)	8.10
Offering Price PER (based on results forecast)	15.49
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2021/08
	Consolidated	Non-consolidated
Revenue	-	276,048
Current Profit	-	53,473
Net Profit	-	11,223
Net Assets	-	510,429

Fiscal Year End:2022/08
	Consolidated	Non-consolidated
Revenue	4,177,862	360,048
Current Profit	397,620	327,950
Net Profit	208,281	350,934
Net Assets	993,398	2,527,332

Fiscal Year End:2023/08
	Consolidated	Non-consolidated
Revenue	4,655,904	396,000
Current Profit	695,065	-20,860
Net Profit	437,864	-29,752
Net Assets	1,432,006	2,498,324

Recent Quarter 2023/11
	Consolidated	Non-consolidated
Revenue	1,283,645	-
Current Profit	197,961	-
Net Profit	125,296	-
Net Assets	1,557,303	-

Results Forecast 2024/08
	Consolidated	Non-consolidated
Revenue	5,772,723	-
Current Profit	1,037,219	-
Net Profit	750,104	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2021/08
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	1.33	59.82

Fiscal Year End:2022/08
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	24.12	101.04
Equity	40.64	257.13

Fiscal Year End:2023/08
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	44.56	145.60
Equity	-3.03	254.11

Fiscal Year End:Recent Quarter 2023/11
	Consolidated	Non-consolidated
Dividend
Net Earning	12.75	-
Equity	-	-

Fiscal Year End:Results Forecast 2024/08
	Consolidated	Non-consolidated
Dividend	25.06
Net Earning	76.16	-
Equity	-	-

■Over allotment(733,000）

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
94.6%	Nomura	03-3211-1811
1.5%	SMBC Nikko	03-5644-3111
1.5%	Mizuho	03-5208-3210
1.5%	SBI SECURITIES Co.,Ltd.	03-5562-7210
0.3%	Rakuten Securities	03-6406-2681
0.3%	Akatsuki Securities	03-5641-7800
0.3%	IwaiCosmo Securities Co.,Ltd.	06-6229-2890