Code	Sector	Market
5578	Communications	Growth

Date of listing approval	2023/05/19
Expected Date	2023/06/23
Lead Underwriter	Mizuho
Description

Listed Shares(total)	843,500
Trading Unit	100
New Shares	278,900
Existing Shares	564,600（incl. O.A.）
Shares Outstanding	PreIPO 3,223,000.00
	PostIPO 3,273,000.00
Paid Up Capital	PreIPO Y100,000,000
	PostIPO Y128,980,000
Expected Pricing Date	2023/06/05
Book Building Start	2023/06/07
Book Building End	2023/06/13
Fix Date	2023/06/14
Offering Starts	2023/06/15
Offering Ends	2023/06/20
Expect Pricing	Y1,080-Y1,260
Notional PER (based on previous period)	11.86-13.84
Notional PER(based on results forecast)	11.71-13.66
Offering Price	Y1,260
Offering Price PER (based on previous period)	11.71-13.66
Offering Price PBR (based on previous period)	3.41
Offering Price PER (based on results forecast)	13.66
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2020/08
	Consolidated	Non-consolidated
Revenue	-	6,173,668
Current Profit	-	206,889
Net Profit	-	137,113
Net Assets	-	591,169

Fiscal Year End:2021/08
	Consolidated	Non-consolidated
Revenue	7,597,874	6,918,873
Current Profit	445,595	402,197
Net Profit	344,734	279,959
Net Assets	836,819	784,259

Fiscal Year End:2022/08
	Consolidated	Non-consolidated
Revenue	8,768,789	7,994,355
Current Profit	396,544	356,547
Net Profit	272,830	248,041
Net Assets	1,106,297	1,028,947

Recent Quarter 2023/02
	Consolidated	Non-consolidated
Revenue	4,755,789	-
Current Profit	245,336	-
Net Profit	159,139	-
Net Assets	1,265,436	-

Results Forecast 2023/08
	Consolidated	Non-consolidated
Revenue	10,459,000	-
Current Profit	430,000	-
Net Profit	281,000	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2020/08
	Consolidated	Non-consolidated
Dividend	16.25
Net Earning	-	-
Equity	42.54	183.42

Fiscal Year End:2021/08
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	110.00	278.91
Equity	89.33	261.40

Fiscal Year End:2022/08
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	91.07	369.50
Equity	82.80	343.67

Fiscal Year End:Interim Results 2023/02
	Consolidated	Non-consolidated
Dividend
Net Earning	53.15	-
Equity	-	-

Fiscal Year End:Results Forecast 2023/08
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	92.21	-
Equity	-	-

■Over allotment(110,000)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
84%	Mizuho	03-5208-3210
6%	Daiwa	03-5555-2111
2%	SBI SECURITIES Co.,Ltd.	03-5562-7210
2%	Rakuten Securities	03-6406-2681
1%	Monex	03-4323-3800
1%	Matsui	03-5216-0606
1%	Okasan	03-3272-2211
1%	Marusan	03-3272-5211
1%	IwaiCosmo Securities Co.,Ltd.	06-6229-2890