Code	Sector	Market
6223	General Machinery	Standard

Date of listing approval	2023/08/30
Expected Date	2023/10/03
Lead Underwriter	SMBC Nikko
Description

Listed Shares(total)	6,061,300
Trading Unit	100
New Shares	1,930,000
Existing Shares	4,131,300（incl. O.A.）
Shares Outstanding	PreIPO 20,000,000.00
	PostIPO 20,500,000.00
Paid Up Capital	PreIPO Y100,000,000
	PostIPO Y267,291,800
Expected Pricing Date	2023/09/15
Book Building Start	2023/09/19
Book Building End	2023/09/22
Fix Date	2023/09/25
Offering Starts	2023/09/26
Offering Ends	2023/09/29
Expect Pricing	Y2,500-Y2,600
Notional PER (based on previous period)	12.78-13.30
Notional PER(based on results forecast)	11.68-12.15
Offering Price	Y2,600
Offering Price PER (based on previous period)	11.68-12.15
Offering Price PBR (based on previous period)	2.72
Offering Price PER (based on results forecast)	12.15
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2020/12
	Consolidated	Non-consolidated
Revenue	-	9,509,000
Current Profit	-	661,000
Net Profit	-	724,000
Net Assets	-	7,239,000

Fiscal Year End:2021/12
	Consolidated	Non-consolidated
Revenue	17,403,000	9,188,000
Current Profit	2,063,000	700,000
Net Profit	1,695,000	596,000
Net Assets	14,097,000	7,758,000

Fiscal Year End:2022/12
	Consolidated	Non-consolidated
Revenue	24,890,000	10,912,000
Current Profit	4,783,000	913,000
Net Profit	3,908,000	701,000
Net Assets	17,748,000	7,880,000

Recent Quarter 2023/06
	Consolidated	Non-consolidated
Revenue	12,610,000	-
Current Profit	2,287,000	-
Net Profit	1,818,000	-
Net Assets	20,398,000	-

Results Forecast 2023/12
	Consolidated	Non-consolidated
Revenue	27,147,000	-
Current Profit	5,267,000	-
Net Profit	4,075,000	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2020/12
	Consolidated	Non-consolidated
Dividend	0.50
Net Earning	-	-
Equity	36.21	361.95

Fiscal Year End:2021/12
	Consolidated	Non-consolidated
Dividend	0.50
Net Earning	84.78	704.89
Equity	29.82	387.94

Fiscal Year End:2022/12
	Consolidated	Non-consolidated
Dividend	0.50
Net Earning	195.56	955.79
Equity	35.09	424.39

Fiscal Year End:Interim Results 2023/06
	Consolidated	Non-consolidated
Dividend
Net Earning	97.95	-
Equity	-	-

Fiscal Year End:Results Forecast 2023/12
	Consolidated	Non-consolidated
Dividend
Net Earning	213.96	-
Equity	-	-

■Over allotment(3,340,700)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
92%	SMBC Nikko	03-5644-3111
5%	Nomura	03-3211-1811
1%	ＦＦＧ Securities Co.,Ltd.	092-771-3836
1%	Mizuho	03-5208-3210
1%	Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.	03-6213-8500