Code	Sector	Market
7409	Transportation Equipment	Growth

Date of listing approval	2023/05/29
Expected Date	2023/07/04
Lead Underwriter	Mizuho
Description

Listed Shares(total)	919,500
Trading Unit	100
New Shares	368,000
Existing Shares	551,500（incl. O.A.）
Shares Outstanding	PreIPO 3,334,230.00
	PostIPO 3,702,230.00
Paid Up Capital	PreIPO Y100,000,000
	PostIPO Y386,083,200
Expected Pricing Date	2023/06/14
Book Building Start	2023/06/16
Book Building End	2023/06/22
Fix Date	2023/06/23
Offering Starts	2023/06/26
Offering Ends	2023/06/29
Expect Pricing	Y1,460-Y1,690
Notional PER (based on previous period)	663.64-768.18
Notional PER(based on results forecast)	7.61-8.81
Offering Price	Y1,690
Offering Price PER (based on previous period)	7.61-8.81
Offering Price PBR (based on previous period)	5.93
Offering Price PER (based on results forecast)	8.81
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2020/06
	Consolidated	Non-consolidated
Revenue	-	2,112,712
Current Profit	-	-412,876
Net Profit	-	-463,320
Net Assets	-	1,750,672

Fiscal Year End:2021/06
	Consolidated	Non-consolidated
Revenue	-	848,263
Current Profit	-	-757,162
Net Profit	-	-766,154
Net Assets	-	982,822

Fiscal Year End:2022/06
	Consolidated	Non-consolidated
Revenue	-	1,964,694
Current Profit	-	10,764
Net Profit	-	7,321
Net Assets	-	955,006

Recent Quarter 2023/03
	Consolidated	Non-consolidated
Revenue	-	2,132,624
Current Profit	-	503,127
Net Profit	-	590,900
Net Assets	-	1,565,599

Results Forecast 2023/06
	Consolidated	Non-consolidated
Revenue	-	2,903,000
Current Profit	-	551,000
Net Profit	-	639,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2020/06
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-155.46	523.76

Fiscal Year End:2021/06
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-229.78	293.47

Fiscal Year End:2022/06
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	2.20	285.13

Fiscal Year End:Recent Quarter 2023/03
	Consolidated	Non-consolidated
Dividend
Net Earning	-	177.22
Equity	-	-

Fiscal Year End:Results Forecast 2023/06
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	191.79
Equity	-	-

■Over allotment(119,900)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
91%	Mizuho	03-5208-3210
3%	Nomura	03-3211-1811
2%	Daiwa	03-5555-2111
1.5%	SBI SECURITIES Co.,Ltd.	03-5562-7210
1.5%	Rakuten Securities	03-6406-2681
0.5%	Monex	03-4323-3800
0.5%	Mito	03-6739-0310