Nihon Dengi Finalizes Secondary Share Offering Terms
Nihon Dengi Co., Ltd. has finalized the terms for a secondary offering of its common stock, with a selling price set at 2,174 yen per share. The main tranche of the offering is expected to raise approximately 8.38 billion yen. Underwriters will acquire the shares at a slightly lower price of 2,073.11 yen, with the delivery scheduled for October 14, 2026.
The company has also planned an over-allotment secondary offering of 577,800 shares at the same selling price, which is projected to bring in an additional 1.26 billion yen. Settlement for this portion is also set for October 14, 2026. The pricing reflects a 3.03% discount to the reference price as of October 6, 2026, and the structure aims to enhance market liquidity and ensure an orderly distribution of shares.
Nihon Dengi, listed on the Tokyo Stock Exchange under the ticker 1723, operates in Japan’s engineering and construction sectors. The company serves both domestic and international markets, with a shareholder base that includes investors in Europe and Asia, highlighting its expanding global presence.