Code	Sector	Market
177A	Chemicals	Growth

Date of listing approval	2024/03/22
Expected Date	2024/04/25
Lead Underwriter	Nomura
Description

Listed Shares(total)	977,500
Trading Unit	100
New Shares	850,000
Existing Shares	127,500（only O.A.）
Shares Outstanding	PreIPO 4,165,000.00
	PostIPO 5,015,000.00
Paid Up Capital	PreIPO Y426,656,000
	PostIPO Y1,169,556,000
Expected Pricing Date	2024/04/05
Book Building Start	2024/04/09
Book Building End	2024/04/15
Fix Date	2024/04/16
Offering Starts	2024/04/17
Offering Ends	2024/04/22
Expect Pricing	Y1,840-Y1,900
Notional PER (based on previous period)	9.24-9.54
Notional PER(based on results forecast)	26.50-27.37
Offering Price	Y1,900
Offering Price PER (based on previous period)	26.50-27.37
Offering Price PBR (based on previous period)	2.62
Offering Price PER (based on results forecast)	27.37
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2021/03
	Consolidated	Non-consolidated
Revenue	-	3,251,321
Current Profit	-	665,762
Net Profit	-	685,074
Net Assets	-	1,418,904

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Revenue	3,947,089	3,622,295
Current Profit	917,837	841,840
Net Profit	587,675	564,269
Net Assets	2,216,895	2,002,942

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Revenue	4,742,992	4,406,871
Current Profit	1,244,391	1,116,671
Net Profit	829,790	751,221
Net Assets	3,017,830	2,712,308

Recent Quarter 2023/12
	Consolidated	Non-consolidated
Revenue	3,544,575	-
Current Profit	397,839	-
Net Profit	207,138	-
Net Assets	3,184,261	-

Results Forecast 2024/03
	Consolidated	Non-consolidated
Revenue	4,724,000	-
Current Profit	560,000	-
Net Profit	289,000	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2021/03
	Consolidated	Non-consolidated
Dividend	10.00
Net Earning	-	-
Equity	202.39	412.20

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Dividend	10.00
Net Earning	173.50	532.27
Equity	166.59	480.90

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Dividend	19.00
Net Earning	199.23	724.57
Equity	180.37	651.21

Fiscal Year End:Recent Quarter 2023/12
	Consolidated	Non-consolidated
Dividend
Net Earning	49.73	-
Equity	-	-

Fiscal Year End:Results Forecast 2024/03
	Consolidated	Non-consolidated
Dividend	14.00
Net Earning	69.43	-
Equity	-	-

■Over allotment(127,500)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
90%	Nomura	03-3211-1811
3%	Mizuho	03-5208-3210
3%	SMBC Nikko	03-5644-3111
3%	Musashi Securities Co.,Ltd	048-644-0634
1%	SBI SECURITIES Co.,Ltd.	03-5562-7210