Code	Sector	Market
9168	Service	Growth

Date of listing approval	2023/08/08
Expected Date	2023/09/12
Lead Underwriter	Nomura
Description

Listed Shares(total)	14,572,100
Trading Unit	100
New Shares	129,800
Existing Shares	14,442,300（incl. O.A.）
Shares Outstanding	PreIPO 24,267,110.00
	PostIPO 24,396,910.00
Paid Up Capital	PreIPO Y110,000,000
	PostIPO Y161,303,450
Expected Pricing Date	2023/08/25
Book Building Start	2023/08/28
Book Building End	2023/08/31
Fix Date	2023/09/01
Offering Starts	2023/09/04
Offering Ends	2023/09/07
Expect Pricing	Y800-Y850
Notional PER (based on previous period)	20.10-21.36
Notional PER(based on results forecast)	18.17-19.31
Offering Price	Y850
Offering Price PER (based on previous period)	18.17-19.31
Offering Price PBR (based on previous period)	5.52
Offering Price PER (based on results forecast)	19.31
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2021/02
	Consolidated	Non-consolidated
Revenue	-
Current Profit	-	-201,054
Net Profit	-	-201,291
Net Assets	-	1,982,728

Fiscal Year End:2022/02
	Consolidated	Non-consolidated
Revenue	3,431,633	3,431,633
Current Profit	826,477	194,645
Net Profit	682,564	20,915
Net Assets	2,746,630	2,030,486

Fiscal Year End:2023/02
	Consolidated	Non-consolidated
Revenue	4,761,074	4,760,074
Current Profit	1,312,488	616,117
Net Profit	965,843	265,501
Net Assets	3,733,723	2,296,339

Recent Quarter 2023/05
	Consolidated	Non-consolidated
Revenue	1,442,583	-
Current Profit	395,571	-
Net Profit	272,929	-
Net Assets	4,011,979	-

Results Forecast 2024/02
	Consolidated	Non-consolidated
Revenue	6,106,000	-
Current Profit	1,560,000	-
Net Profit	1,071,000	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2021/02
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-12.38	90.78

Fiscal Year End:2022/02
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	28.12	113.18
Equity	0.86	83.67

Fiscal Year End:2023/02
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	39.80	153.85
Equity	10.94	94.62

Fiscal Year End:Recent Quarter 2023/05
	Consolidated	Non-consolidated
Dividend
Net Earning	11.24	-
Equity	-	-

Fiscal Year End:Results Forecast 2024/02
	Consolidated	Non-consolidated
Dividend
Net Earning	44.02	-
Equity	-	-

■Over allotment(1,900,700)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
91.1%	Nomura	03-3211-1811
5%	SBI SECURITIES Co.,Ltd.	03-5562-7210
1.25%	Mizuho	03-5208-3210
1.25%	Daiwa	03-5555-2111
1%	SMBC Nikko	03-5644-3111
0.2%	Matsui	03-5216-0606
0.2%	Monex	03-4323-3800