Code	Sector	Market
9164	Service	Growth

Date of listing approval	2023/06/20
Expected Date	2023/07/24
Lead Underwriter	SMBC Nikko Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
Description

Listed Shares(total)	46,000,000
Trading Unit	100
New Shares	0
Existing Shares	46,000,000（incl. O.A.）
Shares Outstanding	PreIPO 100,000,000.00
	PostIPO 100,000,000.00
Paid Up Capital	PreIPO Y10,000,000
	PostIPO Y10,000,000
Expected Pricing Date	2023/07/05
Book Building Start	2023/07/06
Book Building End	2023/07/11
Fix Date	2023/07/12
Offering Starts	2023/07/13
Offering Ends	2023/07/20
Expect Pricing	Y1,100-Y1,300
Notional PER (based on previous period)	30.37-35.89
Notional PER(based on results forecast)	25.53-30.17
Offering Price	Y1,200
Offering Price PER (based on previous period)	25.53-30.17
Offering Price PBR (based on previous period)	5.71
Offering Price PER (based on results forecast)	27.85
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2020/12
	Consolidated	Non-consolidated
Revenue	-	-
Current Profit	-	0
Net Profit	-	0
Net Assets	-	0

Fiscal Year End:2021/12
	Consolidated	Non-consolidated
Revenue	2,419,000	1,015,000
Current Profit	-394,000	-690,000
Net Profit	-532,000	-703,000
Net Assets	17,372,000	15,059,000

Fiscal Year End:2022/12
	Consolidated	Non-consolidated
Revenue	44,195,000	12,569,000
Current Profit	5,559,000	-1,057,000
Net Profit	3,621,000	-1,187,000
Net Assets	21,026,000	13,904,000

Recent Quarter 2023/03
	Consolidated	Non-consolidated
Revenue	10,661,000	-
Current Profit	-442,000	-
Net Profit	-300,000	-
Net Assets	20,726,000	-

Results Forecast 2023/12
	Consolidated	Non-consolidated
Revenue	52,676,000	-
Current Profit	6,589,000	-
Net Profit	4,309,000	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2020/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	0.00	-0.01

Fiscal Year End:2021/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-5.32	173.73
Equity	-7.04	150.59

Fiscal Year End:2022/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	36.22	210.27
Equity	-11.87	139.04

Fiscal Year End:Recent Quarter 2023/03
	Consolidated	Non-consolidated
Dividend
Net Earning	-3.00	-
Equity	-	-

Fiscal Year End:Results Forecast 2023/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	43.09	-
Equity	-	-

■Over allotment(6,000,000)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
46.6%	SMBC Nikko	03-5644-3111
43.4%	Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.	03-6213-8500
4%	BofA Securities Japan Co., Ltd.	03-6225-7000
3.5%	UBS	03-5208-6000
0.9%	SBI SECURITIES Co.,Ltd.	03-5562-7210
0.9%	Monex	03-4323-3800
0.9%	Rakuten Securities	03-6406-2681