Showa Sangyo sets offering price for common stock sale

Showa Sangyo Co., Ltd. announced on December 8, 2025, the determined offering price and other key terms for its previously resolved common stock offering. The offering price for the stock sale, involving the underwriting and acquisition by underwriters, has been set at JPY 2,792 per share. The total value of this offering is JPY 9,034,912,000, based on an underwriting price of JPY 2,676.84 per share, totaling JPY 8,662,254,240. The subscription period for this primary offering will run from December 9, 2025, to December 10, 2025, with the settlement date on December 15, 2025.

In addition to the primary offering, an over-allotment option for 485,400 shares has been set at the same price of JPY 2,792 per share, totaling JPY 1,355,236,800. The subscription and settlement dates for the over-allotment are identical to the primary offering. The calculation standard date for the offering price was December 8, 2025, with a price of JPY 2,879 and a discount rate of 3.02%.

The green shoe option exercise period is scheduled from December 15, 2025, to January 9, 2026, with the syndicate cover transaction period running from December 11, 2025, to January 9, 2026.