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Umenoyado Brewery sets IPO price at 600 yen, with Standard market listing on April 24
Umenoyado Brewery <559A>, scheduled to list on the Tokyo Stock Exchange's Standard market on April 24, has set its initial public offering (IPO) price at 600 yen, the top end of its indicative range of 570 to 600 yen.
Umenoyado is a mid-sized sake brewer based in Nara Prefecture. It produces and sells sake such as "Katsuragi Junmai Daiginjo" ? served at the October 2025 summit luncheon between Prime Minister Sanae Takaichi and U.S. President Trump ? as well as fruit-infused sake liqueurs and spirits. For the listing, Umenoyado plans to offer 1,893,500 shares, plus an additional 274,900 shares through an over-allotment. SMBC Nikko Securities is the lead underwriter.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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