Code	Sector	Market
9160	Service	Standard

Date of listing approval	2023/05/26
Expected Date	2023/06/30
Lead Underwriter	Nomura
Description

Listed Shares(total)	12,513,700
Trading Unit	100
New Shares	0
Existing Shares	12,513,700（incl. O.A.）
Shares Outstanding	PreIPO 25,000,000.00
	PostIPO 25,000,000.00
Paid Up Capital	PreIPO Y100,000,000
	PostIPO Y100,000,000
Expected Pricing Date	2023/06/14
Book Building Start	2023/06/15
Book Building End	2023/06/20
Fix Date	2023/06/21
Offering Starts	2023/06/22
Offering Ends	2023/06/27
Expect Pricing	Y550-Y600
Notional PER (based on previous period)	8.30-9.05
Notional PER(based on results forecast)	7.39-8.06
Offering Price	Y600
Offering Price PER (based on previous period)	7.39-8.06
Offering Price PBR (based on previous period)	2.07
Offering Price PER (based on results forecast)	8.06
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2020/12
	Consolidated	Non-consolidated
Revenue	7,334,059	6,505,639
Current Profit	-4,326,364	-3,248,910
Net Profit	-2,947,527	-4,258,341
Net Assets	5,218,343	1,691,886

Fiscal Year End:2021/12
	Consolidated	Non-consolidated
Revenue	11,191,900	10,139,203
Current Profit	539,239	-482,814
Net Profit	374,025	-436,017
Net Assets	5,587,051	1,255,869

Fiscal Year End:2022/12
	Consolidated	Non-consolidated
Revenue	17,222,448	15,429,209
Current Profit	2,485,209	1,196,521
Net Profit	1,656,874	446,780
Net Assets	7,234,271	1,702,650

Recent Quarter 2023/03
	Consolidated	Non-consolidated
Revenue	3,330,090	-
Current Profit	-480,972	-
Net Profit	-323,369	-
Net Assets	6,913,022	-

Results Forecast 2023/12
	Consolidated	Non-consolidated
Revenue	20,114,000	-
Current Profit	2,777,000	-
Net Profit	1,860,000	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2020/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-120.70	208.73
Equity	-174.37	67.38

Fiscal Year End:2021/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	14.96	223.48
Equity	-17.44	49.94

Fiscal Year End:2022/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	66.27	289.37
Equity	17.87	67.81

Fiscal Year End:Recent Quarter 2023/03
	Consolidated	Non-consolidated
Dividend
Net Earning	-12.93	-
Equity	-	-

Fiscal Year End:Results Forecast 2023/12
	Consolidated	Non-consolidated
Dividend
Net Earning	74.43	-
Equity	-	-

■Over allotment(1,632,200)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
90%	Nomura	03-3211-1811
2.5%	Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.	03-6213-8500
1.7%	SMBC Nikko	03-5644-3111
1.4%	Daiwa	03-5555-2111
1.4%	Mizuho	03-5208-3210
1%	Rakuten Securities	03-6406-2681
1%	Matsui	03-5216-0606
1%	SBI SECURITIES Co.,Ltd.	03-5562-7210