Code	Sector	Market
5253	Communications	Growth

Date of listing approval	2023/02/17
Expected Date	2023/03/27
Lead Underwriter	Mizuho Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
Description

Listed Shares(total)	14,291,500
Trading Unit	100
New Shares	1,500,000
Existing Shares	12,791,500（incl. O.A.）
Shares Outstanding	PreIPO 59,624,200.00
	PostIPO 61,124,200.00
Paid Up Capital	PreIPO Y452,808,000
	PostIPO Y973,120,500
Expected Pricing Date	2023/03/07
Book Building Start	2023/03/08
Book Building End	2023/03/14
Fix Date	2023/03/15
Offering Starts	2023/03/16
Offering Ends	2023/03/22
Expect Pricing	Y710-Y750
Notional PER (based on previous period)	34.02-35.94
Notional PER(based on results forecast)	29.67-31.34
Offering Price	Y750
Offering Price PER (based on previous period)	29.67-31.34
Offering Price PBR (based on previous period)	10.09
Offering Price PER (based on results forecast)	31.34
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2020/03
	Consolidated	Non-consolidated
Revenue	-	1,479,001
Current Profit	-	243,344
Net Profit	-	176,133
Net Assets	-	426,778

Fiscal Year End:2021/03
	Consolidated	Non-consolidated
Revenue	-	5,724,794
Current Profit	-	1,705,571
Net Profit	-	1,220,751
Net Assets	-	2,212,983

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Revenue	-	13,663,728
Current Profit	-	1,853,978
Net Profit	-	1,244,465
Net Assets	-	3,457,448

Recent Quarter 2022/12
	Consolidated	Non-consolidated
Revenue	-	12,802,099
Current Profit	-	1,727,539
Net Profit	-	1,281,033
Net Assets	-	4,738,482

Results Forecast 2023/03
	Consolidated	Non-consolidated
Revenue	-	18,056,000
Current Profit	-	2,136,000
Net Profit	-	1,427,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2020/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	3.76	2.63

Fiscal Year End:2021/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	20.47	38.63

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	20.87	74.31

Fiscal Year End:Recent Quarter 2022/12
	Consolidated	Non-consolidated
Dividend
Net Earning	-	21.49
Equity	-	-

Fiscal Year End:Results Forecast 2023/03
	Consolidated	Non-consolidated
Dividend
Net Earning	-	23.93
Equity	-	-

■Over allotment(1,864,100)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
51%	Mizuho	03-5208-3210
46%	Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.	03-6213-8500
1%	SBI SECURITIES Co.,Ltd.	03-5562-7210
0.5%	Daiwa	03-5555-2111
0.5%	Nomura	03-3211-1811
0.5%	Monex	03-4323-3800
0.5%	Rakuten Securities	03-6406-2681