Code	Sector	Market
5575	Communications	Growth

Date of listing approval	2023/05/11
Expected Date	2023/06/14
Lead Underwriter	Daiwa
Description

Listed Shares(total)	952,500
Trading Unit	100
New Shares	110,800
Existing Shares	841,700（incl. O.A.）
Shares Outstanding	PreIPO 4,886,000.00
	PostIPO 4,996,800.00
Paid Up Capital	PreIPO Y32,476,000
	PostIPO Y91,089,200
Expected Pricing Date	2023/05/26
Book Building Start	2023/05/30
Book Building End	2023/06/05
Fix Date	2023/06/06
Offering Starts	2023/06/07
Offering Ends	2023/06/12
Expect Pricing	Y1,080-Y1,150
Notional PER (based on previous period)	96.95-103.23
Notional PER(based on results forecast)	30.89-32.89
Offering Price	Y1,150
Offering Price PER (based on previous period)	30.89-32.89
Offering Price PBR (based on previous period)	56.10
Offering Price PER (based on results forecast)	32.89
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2020/05
	Consolidated	Non-consolidated
Revenue	-	223,262
Current Profit	-	18,202
Net Profit	-	13,909
Net Assets	-	71,651

Fiscal Year End:2021/05
	Consolidated	Non-consolidated
Revenue	-	411,429
Current Profit	-	-24,772
Net Profit	-	-25,888
Net Assets	-	45,763

Fiscal Year End:2022/05
	Consolidated	Non-consolidated
Revenue	-	709,387
Current Profit	-	62,355
Net Profit	-	54,410
Net Assets	-	100,173

Recent Quarter 2023/02
	Consolidated	Non-consolidated
Revenue	-	679,174
Current Profit	-	166,266
Net Profit	-	110,164
Net Assets	-	210,337

Results Forecast 2023/05
	Consolidated	Non-consolidated
Revenue	-	943,000
Current Profit	-	239,000
Net Profit	-	170,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2020/05
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	2.85	14.66

Fiscal Year End:2021/05
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-5.30	9.37

Fiscal Year End:2022/05
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	11.14	20.50

Fiscal Year End:Recent Quarter 2023/02
	Consolidated	Non-consolidated
Dividend
Net Earning	-	22.55
Equity	-	-

Fiscal Year End:Results Forecast 2023/05
	Consolidated	Non-consolidated
Dividend
Net Earning	-	34.96
Equity	-	-

■Over allotment(124,200)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
93%	Daiwa	03-5555-2111
2%	SBI SECURITIES Co.,Ltd.	03-5562-7210
2%	SMBC Nikko	03-5644-3111
1%	Matsui	03-5216-0606
1%	Monex	03-4323-3800
1%	Rakuten Securities	03-6406-2681