Code	Sector	Market
5889	Retail	Standard

Date of listing approval	2023/10/12
Expected Date	2023/11/16
Lead Underwriter	Daiwa Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
Description

Listed Shares(total)	7,599,100
Trading Unit	100
New Shares	1,400,000
Existing Shares	6,199,100（incl. O.A.）
Shares Outstanding	PreIPO 22,544,260.00
	PostIPO 23,944,260.00
Paid Up Capital	PreIPO Y10,000,000
	PostIPO Y900,120,000
Expected Pricing Date	2023/10/30
Book Building Start	2023/10/31
Book Building End	2023/11/07
Fix Date	2023/11/08
Offering Starts	2023/11/09
Offering Ends	2023/11/14
Expect Pricing	Y1,330-Y1,360
Notional PER (based on previous period)	52.14-53.31
Notional PER(based on results forecast)	14.12-14.44
Offering Price	Y1,360
Offering Price PER (based on previous period)	14.12-14.44
Offering Price PBR (based on previous period)	3.34
Offering Price PER (based on results forecast)	14.44
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2021/01
	Consolidated	Non-consolidated
Revenue	-	-
Current Profit	-	-5,000
Net Profit	-	-6,000
Net Assets	-	3,795,000

Fiscal Year End:2022/01
	Consolidated	Non-consolidated
Revenue	7,073,000	-
Current Profit	515,000	-14,000
Net Profit	90,000	-15,000
Net Assets	4,369,000	5,820,000

Fiscal Year End:2023/01
	Consolidated	Non-consolidated
Revenue	10,722,000	-
Current Profit	1,305,000	-19,000
Net Profit	292,000	-20,000
Net Assets	4,676,000	5,800,000

Recent Quarter 2023/07
	Consolidated	Non-consolidated
Revenue	6,403,000	-
Current Profit	1,582,000	-
Net Profit	886,000	-
Net Assets	10,146,000	-

Results Forecast 2024/01
	Consolidated	Non-consolidated
Revenue	13,090,000	-
Current Profit	3,110,000	-
Net Profit	1,897,000	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2021/01
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-0.86	512.16

Fiscal Year End:2022/01
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	9.78	380.13
Equity	-1.66	506.51

Fiscal Year End:2023/01
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	25.51	406.77
Equity	-1.80	504.70

Fiscal Year End:Interim Results 2023/07
	Consolidated	Non-consolidated
Dividend
Net Earning	51.82	-
Equity	-	-

Fiscal Year End:Results Forecast 2024/01
	Consolidated	Non-consolidated
Dividend	17.00
Net Earning	94.17	-
Equity	-	-

■Over allotment(991,100)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
47.4%	Daiwa	03-5555-2111
45.6%	Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.	03-6213-8500
2%	SMBC Nikko	03-5644-3111
1%	Nomura	03-3211-1811
1%	Mizuho	03-5208-3210
1%	SBI SECURITIES Co.,Ltd.	03-5562-7210
0.5%	IwaiCosmo Securities Co.,Ltd.	06-6229-2890
0.5%	Rakuten Securities	03-6406-2681
0.5%	Monex	03-4323-3800
0.5%	Matsui	03-5216-0606