Code	Sector	Market
5616	Communications	Growth

Date of listing approval	2023/11/13
Expected Date	2023/12/18
Lead Underwriter	SMBC Nikko
Description

Listed Shares(total)	598,800
Trading Unit	100
New Shares	446,300
Existing Shares	152,500（incl. O.A.）
Shares Outstanding	PreIPO 1,906,750.00
	PostIPO 2,353,050.00
Paid Up Capital	PreIPO Y381,507,000
	PostIPO Y595,838,112
Expected Pricing Date	2023/11/30
Book Building Start	2023/12/01
Book Building End	2023/12/07
Fix Date	2023/12/08
Offering Starts	2023/12/11
Offering Ends	2023/12/14
Expect Pricing	Y840-Y870
Notional PER (based on previous period)	-4.10--4.25
Notional PER(based on results forecast)	-8.00--8.28
Offering Price	Y1,044
Offering Price PER (based on previous period)	-8.00--8.28
Offering Price PBR (based on previous period)	13.18
Offering Price PER (based on results forecast)	-9.94
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2020/12
	Consolidated	Non-consolidated
Revenue	-	279,198
Current Profit	-	-434,121
Net Profit	-	-457,914
Net Assets	-	726,973

Fiscal Year End:2021/12
	Consolidated	Non-consolidated
Revenue	-	445,311
Current Profit	-	-564,844
Net Profit	-	-568,220
Net Assets	-	163,753

Fiscal Year End:2022/12
	Consolidated	Non-consolidated
Revenue	-	635,988
Current Profit	-	-321,313
Net Profit	-	-322,178
Net Assets	-	133,039

Recent Quarter 2023/09
	Consolidated	Non-consolidated
Revenue	-	593,196
Current Profit	-	-170,972
Net Profit	-	-171,620
Net Assets	-	32,069

Results Forecast 2023/12
	Consolidated	Non-consolidated
Revenue	-	955,000
Current Profit	-	-181,000
Net Profit	-	-185,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2020/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-380.57	469.20

Fiscal Year End:2021/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-363.14	103.58

Fiscal Year End:2022/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	-204.79	79.24

Fiscal Year End:Recent Quarter 2023/09
	Consolidated	Non-consolidated
Dividend
Net Earning	-	-101.22
Equity	-	-

Fiscal Year End:Results Forecast 2023/12
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-105.03
Equity	-	-

■Over allotment(62,500)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
92.1%	SMBC Nikko	03-5644-3111
3%	SBI SECURITIES Co.,Ltd.	03-5562-7210
2%	Monex	03-4323-3800
1%	Okasan	03-3272-2211
1%	Marusan	03-3272-5211
1%	Toyo	03-5117-1040