Code	Sector	Market
5592	Communications	Growth

Date of listing approval	2023/08/30
Expected Date	2023/10/04
Lead Underwriter	SBI SECURITIES Co.,Ltd.
Description

Listed Shares(total)	3,220,000
Trading Unit	100
New Shares	1,800,000
Existing Shares	1,420,000（incl. O.A.）
Shares Outstanding	PreIPO 9,180,000.00
	PostIPO 10,980,000.00
Paid Up Capital	PreIPO Y100,000,000
	PostIPO Y1,026,982,800
Expected Pricing Date	2023/09/14
Book Building Start	2023/09/19
Book Building End	2023/09/25
Fix Date	2023/09/26
Offering Starts	2023/09/27
Offering Ends	2023/10/02
Expect Pricing	Y1,600-Y1,700
Notional PER (based on previous period)	37.52-39.87
Notional PER(based on results forecast)	22.04-23.41
Offering Price	Y1,700
Offering Price PER (based on previous period)	22.04-23.41
Offering Price PBR (based on previous period)	5.79
Offering Price PER (based on results forecast)	23.41
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2021/03
	Consolidated	Non-consolidated
Revenue	-	4,571,518
Current Profit	-	374,248
Net Profit	-	652,360
Net Assets	-	869,343

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Revenue	6,489,257	5,052,864
Current Profit	815,727	426,251
Net Profit	515,609	332,492
Net Assets	2,953,297	2,221,836

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Revenue	7,420,793	5,677,228
Current Profit	938,804	687,674
Net Profit	391,451	398,783
Net Assets	2,793,573	2,620,619

Recent Quarter 2023/06
	Consolidated	Non-consolidated
Revenue	2,153,296	-
Current Profit	470,552	-
Net Profit	301,211	-
Net Assets	3,099,492	-

Results Forecast 2024/03
	Consolidated	Non-consolidated
Revenue	8,298,000	-
Current Profit	1,178,000	-
Net Profit	766,000	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2021/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	95.99	117.54

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	67.82	266.80
Equity	43.73	241.82

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	42.64	293.47
Equity	43.44	285.27

Fiscal Year End:Recent Quarter 2023/06
	Consolidated	Non-consolidated
Dividend
Net Earning	32.81	-
Equity	-	-

Fiscal Year End:Results Forecast 2024/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	72.61	-
Equity	-	-

■Over allotment(420,000)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
80%	SBI SECURITIES Co.,Ltd.	03-5562-7210
10%	Okasan	03-3272-2211
4%	Daiwa	03-5555-2111
2%	SMBC Nikko	03-5644-3111
1.5%	Mizuho	03-5208-3210
1%	Tokai Tokyo	03-3566-8811
0.3%	aizawa	03-3272-3118
0.3%	IwaiCosmo Securities Co.,Ltd.	06-6229-2890
0.3%	Kyokuto	03-3667-9171
0.3%	Matsui	03-5216-0606
0.3%	Musashi Securities Co.,Ltd	048-644-0634