Code	Sector	Market
5589	Communications	Standard

Date of listing approval	2023/08/22
Expected Date	2023/09/26
Lead Underwriter	SBI SECURITIES Co.,Ltd.
Description

Listed Shares(total)	2,300,000
Trading Unit	100
New Shares	400,000
Existing Shares	1,900,000（incl. O.A.）
Shares Outstanding	PreIPO 6,400,000.00
	PostIPO 6,800,000.00
Paid Up Capital	PreIPO Y100,000,000
	PostIPO Y591,280,000
Expected Pricing Date	2023/09/05
Book Building Start	2023/09/07
Book Building End	2023/09/13
Fix Date	2023/09/14
Offering Starts	2023/09/15
Offering Ends	2023/09/21
Expect Pricing	Y2,400-Y2,670
Notional PER (based on previous period)	12.72-14.15
Notional PER(based on results forecast)	13.98-15.56
Offering Price	Y2,670
Offering Price PER (based on previous period)	13.98-15.56
Offering Price PBR (based on previous period)	1.95
Offering Price PER (based on results forecast)	15.56
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2020/12
	Consolidated	Non-consolidated
Revenue	-	5,545,243
Current Profit	-	2,146,566
Net Profit	-	1,324,711
Net Assets	-	6,946,769

Fiscal Year End:2021/12
	Consolidated	Non-consolidated
Revenue	-	5,672,857
Current Profit	-	2,224,453
Net Profit	-	1,370,619
Net Assets	-	7,933,325

Fiscal Year End:2022/12
	Consolidated	Non-consolidated
Revenue	-	5,364,476
Current Profit	-	1,969,010
Net Profit	-	1,207,406
Net Assets	-	8,741,488

Recent Quarter 2023/06
	Consolidated	Non-consolidated
Revenue	-	2,899,550
Current Profit	-	1,066,612
Net Profit	-	657,243
Net Assets	-	9,046,732

Results Forecast 2023/12
	Consolidated	Non-consolidated
Revenue	-	5,200,000
Current Profit	-	1,804,000
Net Profit	-	1,116,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2020/12
	Consolidated	Non-consolidated
Dividend	60.00
Net Earning	-	-
Equity	206.99	1,085.43

Fiscal Year End:2021/12
	Consolidated	Non-consolidated
Dividend	62.50
Net Earning	-	-
Equity	214.16	1,239.58

Fiscal Year End:2022/12
	Consolidated	Non-consolidated
Dividend	55.00
Net Earning	-	-
Equity	188.66	1,365.86

Fiscal Year End:Interim Results 2023/06
	Consolidated	Non-consolidated
Dividend
Net Earning	-	102.69
Equity	-	-

Fiscal Year End:Results Forecast 2023/12
	Consolidated	Non-consolidated
Dividend	55.00
Net Earning	-	171.62
Equity	-	-

■Over allotment(300,000)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
90%	SBI SECURITIES Co.,Ltd.	03-5562-7210
4.5%	Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.	03-6213-8500
2%	Mizuho	03-5208-3210
1%	Tokai Tokyo	03-3566-8811
1%	Matsui	03-5216-0606
0.5%	aizawa	03-3272-3118
0.5%	Okasan	03-3272-2211
0.5%	Musashi Securities Co.,Ltd	048-644-0634