Code	Sector	Market
9238	Service	Growth

Date of listing approval	2023/10/19
Expected Date	2023/11/22
Lead Underwriter	SBI SECURITIES Co.,Ltd.
Description

Listed Shares(total)	348,400
Trading Unit	100
New Shares	105,000
Existing Shares	243,400（incl. O.A.）
Shares Outstanding	PreIPO 1,000,000.00
	PostIPO 1,105,000.00
Paid Up Capital	PreIPO Y34,000,000
	PostIPO Y120,457,000
Expected Pricing Date	2023/11/02
Book Building Start	2023/11/07
Book Building End	2023/11/13
Fix Date	2023/11/14
Offering Starts	2023/11/15
Offering Ends	2023/11/20
Expect Pricing	Y1,610-Y1,790
Notional PER (based on previous period)	18.71-20.81
Notional PER(based on results forecast)	17.52-19.48
Offering Price	Y1,790
Offering Price PER (based on previous period)	17.52-19.48
Offering Price PBR (based on previous period)	12.15
Offering Price PER (based on results forecast)	19.48
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2021/02
	Consolidated	Non-consolidated
Revenue	-	2,069,221
Current Profit	-	4,806
Net Profit	-	-15,510
Net Assets	-	44,591

Fiscal Year End:2022/02
	Consolidated	Non-consolidated
Revenue	-	2,438,401
Current Profit	-	28,319
Net Profit	-	16,668
Net Assets	-	61,260

Fiscal Year End:2023/02
	Consolidated	Non-consolidated
Revenue	-	2,823,748
Current Profit	-	121,270
Net Profit	-	86,032
Net Assets	-	147,292

Recent Quarter 2023/08
	Consolidated	Non-consolidated
Revenue	-	1,468,186
Current Profit	-	118,061
Net Profit	-	76,614
Net Assets	-	223,907

Results Forecast 2024/02
	Consolidated	Non-consolidated
Revenue	-	3,027,000
Current Profit	-	148,000
Net Profit	-	95,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2021/02
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-15.51	44.59

Fiscal Year End:2022/02
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	16.67	61.26

Fiscal Year End:2023/02
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	86.03	147.29

Fiscal Year End:Interim Results 2023/08
	Consolidated	Non-consolidated
Dividend
Net Earning	-	76.61
Equity	-	-

Fiscal Year End:Results Forecast 2024/02
	Consolidated	Non-consolidated
Dividend	12.00
Net Earning	-	91.87
Equity	-	-

■Over allotment(45,400)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
88.2%	SBI SECURITIES Co.,Ltd.	03-5562-7210
6%	Daiwa	03-5555-2111
1%	Monex	03-4323-3800
1%	Rakuten Securities	03-6406-2681
0.5%	Akatsuki Securities	03-5641-7800
0.5%	IwaiCosmo Securities Co.,Ltd.	06-6229-2890
0.5%	Kyokuto	03-3667-9171
0.5%	Toyo	03-5117-1040
0.5%	Matsui	03-5216-0606
0.5%	Marusan	03-3272-5211
0.5%	Mito	03-6739-0310
0.5%	Musashi Securities Co.,Ltd	048-644-0634