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Shimadaya Corporation

Shimadaya Corporation (Ticker: 250A) is a food products company specializing in the manufacturing and sale of noodles and related food products. The company is set to list on the Tokyo Stock Exchange Standard Market on October 1, 2024. Shimadaya is offering 2,280,700 existing shares at an offering price of ¥1,880 per share, with a total offer size of approximately ¥4.29 billion (about $29.82 million USD). For the fiscal year ending March 2024, Shimadaya reported consolidated revenue of ¥38.93 billion and a net profit of ¥2.52 billion. The offering is managed by Daiwa Securities.

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