Code	Sector	Market
5869	Service	Standard

Date of listing approval	2023/11/20
Expected Date	2023/12/22
Lead Underwriter	Nomura
Description

Listed Shares(total)	3,922,100
Trading Unit	100
New Shares	150,000
Existing Shares	3,772,100（incl. O.A.）
Shares Outstanding	PreIPO 10,061,250.00
	PostIPO 10,211,250.00
Paid Up Capital	PreIPO Y50,000,000
	PostIPO Y183,860,000
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	Y910-Y970
Notional PER (based on previous period)	10.92-11.64
Notional PER(based on results forecast)	8.53-9.09
Offering Price	Y970
Offering Price PER (based on previous period)	8.53-9.09
Offering Price PBR (based on previous period)	1.67
Offering Price PER (based on results forecast)	9.09
Use of Funds Raised

Units:Y1,000

Fiscal Year End:2021/03
	Consolidated	Non-consolidated
Revenue	-	5,467,620
Current Profit	-	1,231,804
Net Profit	-	942,906
Net Assets	-	4,712,486

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Revenue	-	5,888,548
Current Profit	-	1,213,791
Net Profit	-	831,039
Net Assets	-	5,267,866

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Revenue	-	6,110,478
Current Profit	-	1,246,979
Net Profit	-	838,186
Net Assets	-	5,856,609

Recent Quarter 2023/09
	Consolidated	Non-consolidated
Revenue	-	2,906,214
Current Profit	-	656,747
Net Profit	-	454,807
Net Assets	-	6,059,867

Results Forecast 2024/03
	Consolidated	Non-consolidated
Revenue	-	6,508,000
Current Profit	-	1,458,000
Net Profit	-	1,078,000
Net Assets	-	-

Per Share Units:Y1

Fiscal Year End:2021/03
	Consolidated	Non-consolidated
Dividend	27.80
Net Earning	-	-
Equity	93.72	468.38

Fiscal Year End:2022/03
	Consolidated	Non-consolidated
Dividend	24.80
Net Earning	-	-
Equity	82.60	523.58

Fiscal Year End:2023/03
	Consolidated	Non-consolidated
Dividend	25.00
Net Earning	-	-
Equity	83.31	582.10

Fiscal Year End:Interim Results 2023/09
	Consolidated	Non-consolidated
Dividend
Net Earning	-	45.20
Equity	-	-

Fiscal Year End:Results Forecast 2024/03
	Consolidated	Non-consolidated
Dividend	52.80
Net Earning	-	106.72
Equity	-	-

■Over allotment(511,500)

Name	Address

Allocation	Underwriter	Tel
0%	Nomura	03-3211-1811
95%	Nomura	03-3211-1811
1%	SMBC Nikko	03-5644-3111
1%	IwaiCosmo Securities Co.,Ltd.	06-6229-2890
0.5%	Daiwa	03-5555-2111
0.5%	Kyokuto	03-3667-9171
0.5%	SBI SECURITIES Co.,Ltd.	03-5562-7210
0.5%	Rakuten Securities	03-6406-2681
0.5%	Okasan	03-3272-2211
0.5%	Matsui	03-5216-0606