Code	Sector	Market
5621	Communications	Growth

Date of listing approval	2023/11/17
Expected Date	2023/12/22
Lead Underwriter	Mizuho
Description

Listed Shares(total)	3,781,200
Trading Unit	100
New Shares	1,000,000
Existing Shares	2,781,200（incl. O.A.）
Shares Outstanding	PreIPO 8,100,000.00
	PostIPO 9,100,000.00
Paid Up Capital	PreIPO Y19,930,000
	PostIPO Y582,970,000
Expected Pricing Date	2023/12/04
Book Building Start	2023/12/06
Book Building End	2023/12/12
Fix Date	2023/12/13
Offering Starts	2023/12/14
Offering Ends	2023/12/19
Expect Pricing	Y940-Y1,020
Notional PER (based on previous period)	32.05-34.78
Notional PER(based on results forecast)	24.13-26.18
Offering Price	Y1,224
Offering Price PER (based on previous period)	24.13-26.18
Offering Price PBR (based on previous period)	5.12
Offering Price PER (based on results forecast)	31.42
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2021/03
	Consolidated	Non-consolidated
Revenue	-	2,914,411
Current Profit	-	766,400
Net Profit	-	548,720
Net Assets	-	1,325,699

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Revenue	3,584,748	3,498,307
Current Profit	583,616	572,000
Net Profit	438,629	427,077
Net Assets	1,815,438	1,752,776

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Revenue	4,223,373	4,160,712
Current Profit	325,525	363,089
Net Profit	237,608	275,242
Net Assets	1,934,596	1,899,328

Recent Quarter 2023/09
	Consolidated	Non-consolidated
Revenue	2,395,730	-
Current Profit	216,560	-
Net Profit	132,414	-
Net Assets	2,004,815	-

Results Forecast 2024/03
	Consolidated	Non-consolidated
Revenue	4,919,000	-
Current Profit	481,000	-
Net Profit	326,000	-
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2021/03
	Consolidated	Non-consolidated
Dividend	0.00
Net Earning	-	-
Equity	67.74	163.67

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Dividend	15.89
Net Earning	54.15	224.13
Equity	52.73	216.39

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Dividend	8.80
Net Earning	29.33	238.84
Equity	33.98	234.48

Fiscal Year End:Interim Results 2023/09
	Consolidated	Non-consolidated
Dividend
Net Earning	16.35	-
Equity	-	-

Fiscal Year End:Results Forecast 2024/03
	Consolidated	Non-consolidated
Dividend	10.20
Net Earning	38.96	-
Equity	-	-

■Over allotment(493,200)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
72.5%	Mizuho	03-5208-3210
22.5%	Daiwa	03-5555-2111
3%	SBI SECURITIES Co.,Ltd.	03-5562-7210
2%	Rakuten Securities	03-6406-2681