Code	Sector	Market
4811	Communications	Growth

Date of listing approval	2023/09/22
Expected Date	2023/10/27
Lead Underwriter	Mizuho
Description

Listed Shares(total)	910,900
Trading Unit	100
New Shares	220,000
Existing Shares	690,900（incl. O.A.）
Shares Outstanding	PreIPO 3,834,600.00
	PostIPO 4,054,600.00
Paid Up Capital	PreIPO Y300,000,000
	PostIPO Y569,192,000
Expected Pricing Date	2023/10/10
Book Building Start	2023/10/12
Book Building End	2023/10/18
Fix Date	2023/10/19
Offering Starts	2023/10/20
Offering Ends	2023/10/25
Expect Pricing	Y2,340-Y2,660
Notional PER (based on previous period)	67.22-76.41
Notional PER(based on results forecast)	30.20-34.33
Offering Price	Y2,660
Offering Price PER (based on previous period)	30.20-34.33
Offering Price PBR (based on previous period)	11.38
Offering Price PER (based on results forecast)	34.33
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2020/12
	Consolidated	Non-consolidated
Revenue	-	2,714,454
Current Profit	-	-24,444
Net Profit	-	-19,022
Net Assets	-	734,982

Fiscal Year End:2021/12
	Consolidated	Non-consolidated
Revenue	2,938,859	2,938,859
Current Profit	-24,752	-24,454
Net Profit	10,881	-77,277
Net Assets	710,065	657,705

Fiscal Year End:2022/12
	Consolidated	Non-consolidated
Revenue	3,670,307	3,670,307
Current Profit	181,468	173,773
Net Profit	127,126	123,472
Net Assets	853,920	791,931

Recent Quarter 2023/06
	Consolidated	Non-consolidated
Revenue	2,202,329	-
Current Profit	367,469	-
Net Profit	257,935	-
Net Assets	1,118,235	-

Results Forecast 2023/12
	Consolidated	Non-consolidated
Revenue	4,250,000	-
Current Profit	406,000	-
Net Profit	287,000	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2020/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-5.20	201.27

Fiscal Year End:2021/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	2.97	194.45
Equity	-21.16	180.11

Fiscal Year End:2022/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	34.81	233.84
Equity	33.81	216.86

Fiscal Year End:Interim Results 2023/06
	Consolidated	Non-consolidated
Dividend
Net Earning	70.63	-
Equity	-	-

Fiscal Year End:Results Forecast 2023/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	77.48	-
Equity	-	-

■Over allotment(118,800)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
87%	Mizuho	03-5208-3210
5%	Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.	03-6213-8500
3%	Tokai Tokyo	03-3566-8811
3%	SBI SECURITIES Co.,Ltd.	03-5562-7210
2%	HSBC	03-5203-3111