Code	Sector	Market
9343	Service	Growth

Date of listing approval	2023/02/17
Expected Date	2023/03/23
Lead Underwriter	Tokai Tokyo
Description

Listed Shares(total)	977,500
Trading Unit	100
New Shares	700,000
Existing Shares	277,500（incl. O.A.）
Shares Outstanding	PreIPO 2,788,783.00
	PostIPO 3,488,783.00
Paid Up Capital	PreIPO Y95,925,000
	PostIPO Y330,985,000
Expected Pricing Date	2023/03/06
Book Building Start	2023/03/07
Book Building End	2023/03/13
Fix Date	2023/03/14
Offering Starts	2023/03/15
Offering Ends	2023/03/20
Expect Pricing	Y670-Y730
Notional PER (based on previous period)	25.84-28.15
Notional PER(based on results forecast)	11.02-12.00
Offering Price	Y730
Offering Price PER (based on previous period)	11.02-12.00
Offering Price PBR (based on previous period)	7.83
Offering Price PER (based on results forecast)	12.00
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2019/12
	Consolidated	Non-consolidated
Revenue	-	361,025
Current Profit	-	14,387
Net Profit	-	31,736
Net Assets	-	230,211

Fiscal Year End:2020/12
	Consolidated	Non-consolidated
Revenue	-	1,618,470
Current Profit	-	-68,530
Net Profit	-	-39,850
Net Assets	-	190,360

Fiscal Year End:2021/12
	Consolidated	Non-consolidated
Revenue	-	2,744,150
Current Profit	-	107,498
Net Profit	-	72,310
Net Assets	-	262,670

Recent Quarter 2022/09
	Consolidated	Non-consolidated
Revenue	-	2,555,832
Current Profit	-	338,207
Net Profit	-	219,849
Net Assets	-	482,520

Results Forecast 2023/12
	Consolidated	Non-consolidated
Revenue	-	3,590,000
Current Profit	-	292,000
Net Profit	-	202,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2019/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	11.38	81.63

Fiscal Year End:2020/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-14.29	67.34

Fiscal Year End:2021/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	25.93	93.27

Fiscal Year End:Recent Quarter 2022/09
	Consolidated	Non-consolidated
Dividend
Net Earning	-	78.83
Equity	-	-

Fiscal Year End:Results Forecast 2023/12
	Consolidated	Non-consolidated
Dividend	10.00
Net Earning	-	60.82
Equity	-	-

■Over allotment(127,500)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
85%	Tokai Tokyo	03-3566-8811
5%	Mizuho	03-5208-3210
4%	Daiwa	03-5555-2111
2%	Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.	03-6213-8500
2%	SBI SECURITIES Co.,Ltd.	03-5562-7210
1%	Rakuten Securities	03-6406-2681
1%	Matsui	03-5216-0606