Code	Sector	Market
9170	Service	Main

Date of listing approval	2023/09/11
Expected Date	2023/10/13
Lead Underwriter	SBI SECURITIES Co.,Ltd.
Description

Listed Shares(total)	149,500
Trading Unit	100
New Shares	30,000
Existing Shares	119,500（incl. O.A.）
Shares Outstanding	PreIPO 1,256,100.00
	PostIPO 1,286,100.00
Paid Up Capital	PreIPO Y293,775,000
	PostIPO Y325,515,000
Expected Pricing Date	2023/09/25
Book Building Start	2023/09/27
Book Building End	2023/10/03
Fix Date	2023/10/04
Offering Starts	2023/10/05
Offering Ends	2023/10/11
Expect Pricing	Y2,200-Y2,430
Notional PER (based on previous period)	9.90-10.93
Notional PER(based on results forecast)	10.19-11.26
Offering Price	Y2,300
Offering Price PER (based on previous period)	10.19-11.26
Offering Price PBR (based on previous period)	0.79
Offering Price PER (based on results forecast)	10.66
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2020/09
	Consolidated	Non-consolidated
Revenue	-	10,682,026
Current Profit	-	338,067
Net Profit	-	204,444
Net Assets	-	3,182,416

Fiscal Year End:2021/09
	Consolidated	Non-consolidated
Revenue	11,856,502	11,437,448
Current Profit	373,702	339,638
Net Profit	236,939	222,411
Net Assets	3,471,576	3,389,390

Fiscal Year End:2022/09
	Consolidated	Non-consolidated
Revenue	11,071,170	10,737,287
Current Profit	311,961	301,685
Net Profit	279,197	276,870
Net Assets	3,674,789	3,590,275

Recent Quarter 2023/06
	Consolidated	Non-consolidated
Revenue	9,084,840	-
Current Profit	379,312	-
Net Profit	237,279	-
Net Assets	3,862,324	-

Results Forecast 2023/09
	Consolidated	Non-consolidated
Revenue	11,840,136	-
Current Profit	400,116	-
Net Profit	271,120	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2020/09
	Consolidated	Non-consolidated
Dividend	20.00
Net Earning	-	-
Equity	162.76	2,533.57

Fiscal Year End:2021/09
	Consolidated	Non-consolidated
Dividend	20.00
Net Earning	188.63	2,763.77
Equity	177.06	2,698.34

Fiscal Year End:2022/09
	Consolidated	Non-consolidated
Dividend	40.00
Net Earning	222.27	2,925.56
Equity	220.42	2,858.27

Fiscal Year End:Recent Quarter 2023/06
	Consolidated	Non-consolidated
Dividend
Net Earning	188.90	-
Equity	-	-

Fiscal Year End:Results Forecast 2023/09
	Consolidated	Non-consolidated
Dividend	40.00
Net Earning	215.84	-
Equity	-	-

■Over allotment(19,500)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
90%	SBI SECURITIES Co.,Ltd.	03-5562-7210
3%	Tokai Tokyo	03-3566-8811
3%	Okasan	03-3272-2211
3%	aizawa	03-3272-3118
0.5%	IwaiCosmo Securities Co.,Ltd.	06-6229-2890
0.5%	Musashi Securities Co.,Ltd	048-644-0634