Code	Sector	Market
5891	Retail	Standard

Date of listing approval	2023/11/10
Expected Date	2023/12/15
Lead Underwriter	Daiwa
Description

Listed Shares(total)	1,667,500
Trading Unit	100
New Shares	1,200,000
Existing Shares	467,500（incl. O.A.）
Shares Outstanding	PreIPO 4,290,000.00
	PostIPO 5,490,000.00
Paid Up Capital	PreIPO Y100,000,000
	PostIPO Y872,800,000
Expected Pricing Date	2023/11/28
Book Building Start	2023/11/30
Book Building End	2023/12/06
Fix Date	2023/12/07
Offering Starts	2023/12/08
Offering Ends	2023/12/13
Expect Pricing	Y1,300-Y1,400
Notional PER (based on previous period)	17.75-19.12
Notional PER(based on results forecast)	15.96-17.19
Offering Price	Y1,400
Offering Price PER (based on previous period)	15.96-17.19
Offering Price PBR (based on previous period)	2.44
Offering Price PER (based on results forecast)	17.19
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2020/12
	Consolidated	Non-consolidated
Revenue	-	6,942,038
Current Profit	-	186,431
Net Profit	-	132,934
Net Assets	-	1,915,556

Fiscal Year End:2021/12
	Consolidated	Non-consolidated
Revenue	-	7,085,779
Current Profit	-	490,234
Net Profit	-	234,481
Net Assets	-	2,150,037

Fiscal Year End:2022/12
	Consolidated	Non-consolidated
Revenue	-	8,815,645
Current Profit	-	642,184
Net Profit	-	314,204
Net Assets	-	2,464,242

Recent Quarter 2023/09
	Consolidated	Non-consolidated
Revenue	-	7,760,377
Current Profit	-	607,153
Net Profit	-	386,729
Net Assets	-	2,850,972

Results Forecast 2023/12
	Consolidated	Non-consolidated
Revenue	-	10,381,000
Current Profit	-	606,000
Net Profit	-	357,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2020/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	30.99	446.52

Fiscal Year End:2021/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	54.66	501.17

Fiscal Year End:2022/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	73.24	574.42

Fiscal Year End:Recent Quarter 2023/09
	Consolidated	Non-consolidated
Dividend
Net Earning	-	90.15
Equity	-	-

Fiscal Year End:Results Forecast 2023/12
	Consolidated	Non-consolidated
Dividend	13.00
Net Earning	-	81.44
Equity	-	-

■Over allotment(217,500)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
90%	Daiwa	03-5555-2111
5%	Nomura	03-3211-1811
2%	SBI SECURITIES Co.,Ltd.	03-5562-7210
2%	Mizuho	03-5208-3210
0.5%	Nishimura	075-221-2155
0.5%	Rakuten Securities	03-6406-2681