Code	Sector	Market
195A	Service	Growth

Date of listing approval	2024/05/16
Expected Date	2024/06/19
Lead Underwriter	Mizuho
Description

Listed Shares(total)	812,000
Trading Unit	100
New Shares	229,500
Existing Shares	582,500（incl. O.A.）
Shares Outstanding	PreIPO 2,739,090.00
	PostIPO 2,968,590.00
Paid Up Capital	PreIPO Y100,000,000
	PostIPO Y249,909,400
Expected Pricing Date	2024/05/31
Book Building Start	2024/06/03
Book Building End	2024/06/07
Fix Date	2024/06/10
Offering Starts	2024/06/11
Offering Ends	2024/06/14
Expect Pricing	Y1,240-Y1,420
Notional PER (based on previous period)	-27.39--31.37
Notional PER(based on results forecast)	13.43-15.38
Offering Price	Y1,420
Offering Price PER (based on previous period)	13.43-15.38
Offering Price PBR (based on previous period)	6.07
Offering Price PER (based on results forecast)	15.38
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2021/03
	Consolidated	Non-consolidated
Revenue	-	374,248
Current Profit	-	-111,829
Net Profit	-	-303,072
Net Assets	-	-80,655

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Revenue	-	990,956
Current Profit	-	-84,312
Net Profit	-	-88,620
Net Assets	-	296,540

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Revenue	1,833,900	1,474,309
Current Profit	-166,976	-125,633
Net Profit	-121,928	-98,280
Net Assets	641,882	665,530

Recent Quarter 2023/12
	Consolidated	Non-consolidated
Revenue	1,769,425	-
Current Profit	75,460	-
Net Profit	85,551	-
Net Assets	727,434	-

Results Forecast 2025/03
	Consolidated	Non-consolidated
Revenue	2,841,000	-
Current Profit	319,000	-
Net Profit	269,000	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2021/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-134.37	-35.76

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-38.08	117.70

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-45.27	234.03
Equity	-36.49	242.66

Fiscal Year End:Recent Quarter 2023/12
	Consolidated	Non-consolidated
Dividend
Net Earning	31.23	-
Equity	-	-

Fiscal Year End:Results Forecast 2025/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	92.32	-
Equity	-	-

■Over allotment(105,900）

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
89%	Mizuho	03-5208-3210
7%	Nomura	03-3211-1811
1%	SBI SECURITIES Co.,Ltd.	03-5562-7210
1%	Rakuten Securities	03-6406-2681
0.5%	Monex	03-4323-3800
0.5%	Matsui	03-5216-0606
0.5%	Kyokuto	03-3667-9171
0.5%	Tokai Tokyo	03-3566-8811