Code	Sector	Market
245A	Retail	Growth

Date of listing approval	2024/08/22
Expected Date	2024/09/26
Lead Underwriter	SMBC Nikko
Description

Listed Shares(total)	617,500
Trading Unit	100
New Shares	432,000
Existing Shares	185,500（incl. O.A.）
Shares Outstanding	PreIPO 2,000,000.00
	PostIPO 2,432,000.00
Paid Up Capital	PreIPO Y10,000,000
	PostIPO Y395,516,800
Expected Pricing Date	2024/09/06
Book Building Start	2024/09/09
Book Building End	2024/09/13
Fix Date	2024/09/17
Offering Starts	2024/09/18
Offering Ends	2024/09/24
Expect Pricing	Y1,770-Y1,940
Notional PER (based on previous period)	51.89-56.87
Notional PER(based on results forecast)	12.68-13.90
Offering Price	Y1,940
Offering Price PER (based on previous period)	12.68-13.90
Offering Price PBR (based on previous period)	8.01
Offering Price PER (based on results forecast)	13.90
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2021/08
	Consolidated	Non-consolidated
Revenue	-	2,026,090
Current Profit	-	452,073
Net Profit	-	-108,049
Net Assets	-	203,114

Fiscal Year End:2022/08
	Consolidated	Non-consolidated
Revenue	-	3,489,434
Current Profit	-	497,031
Net Profit	-	213,017
Net Assets	-	416,131

Fiscal Year End:2023/08
	Consolidated	Non-consolidated
Revenue	-	5,261,600
Current Profit	-	265,855
Net Profit	-	68,223
Net Assets	-	484,355

Recent Quarter 2024/05
	Consolidated	Non-consolidated
Revenue	-	4,709,245
Current Profit	-	316,750
Net Profit	-	215,738
Net Assets	-	3,183,988

Results Forecast 2024/08
	Consolidated	Non-consolidated
Revenue	-	6,405,000
Current Profit	-	414,000
Net Profit	-	279,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2021/08
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-54.02	101.56

Fiscal Year End:2022/08
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	106.51	208.07

Fiscal Year End:2023/08
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	34.11	242.18

Fiscal Year End:Recent Quarter 2024/05
	Consolidated	Non-consolidated
Dividend
Net Earning	-	107.87
Equity	-	-

Fiscal Year End:Results Forecast 2024/08
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	139.60
Equity	-	-

■Over allotment(80,500)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
93.1%	SMBC Nikko	03-5644-3111
3.5%	Daiwa	03-5555-2111
0.5%	IwaiCosmo Securities Co.,Ltd.	06-6229-2890
0.5%	Rakuten Securities	03-6406-2681
0.5%	Kyokuto	03-3667-9171
0.5%	Tokai Tokyo	03-3566-8811
0.5%	Akatsuki Securities	03-5641-7800
0.5%	Marusan	03-3272-5211
0.5%	SBI SECURITIES Co.,Ltd.	03-5562-7210