September 11, 2017
To whom it may concern,
Company name: N i s h i m o t o C o . , L t d .
Name of representative: P r e s i d e n t Takayuki Kanai( Code No.: 9260 Tokyo Stock Exchange )Contact: D irecto r and CFO Atsuhiko Kimura,( TEL: 03-6870-2015 )Notification of determination of the paid-in amount of shares to be offered
and the provisional conditions for book building
We are pleased to announce that the paid-in amount of shares to be offered related to the issuance of new sharesthrough public offering and the disposal of treasury shares through public offering were determined at the meeting of
the Board of Directors of the Company held on September 11, 2017 as follows. The issuance of new shares throughpublic offering and the disposal of treasury shares through public offering were previously approved at the meeting of
the Board of Directors of the Company held on August 25, 2017, but the paid-in amount of shares to be offered were
not determined at that time.
1. Issuance of new shares through public offering (general offering) and disposal of treasury sharesthrough public offering (general offering)(1)

Paid-in amount of shares to be 3,825 yen per shareoffered:(Provided, however, that if the underwriting amount is below
the paid-in amount, the issuance of shares to be offered shall becanceled.)(2)

Total paid-in amount of shares to be 7,076,250,000 yen
offered:(3)

Provisional conditions:
Between 4,500 yen and 5,250 yen
Basis for the determination of
the provisional conditions(4)

To determine the provisional conditions, interviews were carried out with institutional investors
among others, and as a result, the following feedback was provided:
1) The Company has established a stable business foundation in North America, and its entry
barriers are high.
2) Expanding business with a private brand "Shirakiku", and a high profitability is expected for it.
3) There is a foreign exchange risk for the business.
In addition to the above feedback, the Company took into consideration the comparison with other companies inthe same industry, conditions of the current market environment, valuation of newly listed shares in the current
market, price fluctuation risks during the period until the listing date, etc. in a comprehensive manner, and as a result,
decided that it would be appropriate for the provisional conditions to be between 4,500 yen and 5,250 yen.
Note: This document does not constitute an offer of any securities for sale. This document has been
prepared for the sole purpose of publicly announcing the issuance of new shares, disposal of treasury
shares, and secondary offering of shares of the Company and it is not for the purpose of soliciting
investment, etc., both in and outside Japan. When investing in common stocks of the Company,
inventors should refer to the prospectus and relevant amendments for the issuance of new shares,
disposal of treasury shares, and secondary offering of shares that have been prepared by theCompany before making a decision. This document is not an offer to sell, or solicitation of an offer tobuy, securities in the United States. In the United States, under the United States Securities Act of1933, except for the registration of securities or an applicable exemption from such registration
requirement, offering or sale of securities may not be conducted. The securities referred to in thisdocument will not be publicly offered in the United States.

2. Issuance of shares to be offered by third-party allotment(1)

Paid-in amount of shares to beoffered:

3,825 yen per share(2)

Total paid-in amount of shares tobe offered:

2,122,875,000 yen

Note: This document does not constitute an offer of any securities for sale. This document has been
prepared for the sole purpose of publicly announcing the issuance of new shares, disposal of treasury
shares, and secondary offering of shares of the Company and it is not for the purpose of soliciting
investment, etc., both in and outside Japan. When investing in common stocks of the Company,inventors should refer to the prospectus and relevant amendments for the issuance of new shares,
disposal of treasury shares, and secondary offering of shares that have been prepared by theCompany before making a decision. This document is not an offer to sell, or solicitation of an offer tobuy, securities in the United States. In the United States, under the United States Securities Act of1933, except for the registration of securities or an applicable exemption from such registration
requirement, offering or sale of securities may not be conducted. The securities referred to in thisdocument will not be publicly offered in the United States.

[For reference]
Summary of the issuance of new shares through public offering, disposal of treasury shares through public offering,and secondary offering of shares
1. Number of shares to be offered and sold1,850,000 shares(1) Number of shares to Common stock
be offered:(Issuance of new shares: 1,130,000 shares/
Disposal of treasury shares: 720,000 shares)(2) Number of shares to Common stock
Secondary offering of shares through1,850,000 shares
be sold:purchase and underwriting by theunderwriter:
Secondary offering of shares through555,000 shares
over-allotment:(*)
FromSeptember
12,2017(Tuesday)
2. Book building period:
to September 19, 2017 (Tuesday)
d a t e : September 20, 2017 (Wednesday)(The offer price and the selling price shall be equal to or greater than the paid-in
amount of shares to be offered and shall be determined by taking into account themarket demand and other conditions under the provisional conditions.)

3.

Pricing

4.

Offering and sale period: From September 21, 2017 (Thursday)
to September 26, 2017 (Tuesday)

5.

Payment

d a t e : September 28, 2017 (Thursday)

6.

Deliveryd a t e : September 29, 2017 (Friday)

Note: This document does not constitute an offer of any securities for sale. This document has been
prepared for the sole purpose of publicly announcing the issuance of new shares, disposal of treasury
shares, and secondary offering of shares of the Company and it is not for the purpose of soliciting
investment, etc., both in and outside Japan. When investing in common stocks of the Company,
inventors should refer to the prospectus and relevant amendments for the issuance of new shares,disposal of treasury shares, and secondary offering of shares that have been prepared by theCompany before making a decision. This document is not an offer to sell, or solicitation of an offer tobuy, securities in the United States. In the United States, under the United States Securities Act of1933, except for the registration of securities or an applicable exemption from such registration
requirement, offering or sale of securities may not be conducted. The securities referred to in thisdocument will not be publicly offered in the United States.

(Note)Part of the shares to be sold related to the secondary offering of shares through purchase andunderwriting by the underwriter described in 1. (2) above may be sold to investors in overseas markets(excluding the U.S. and Canada) with a focus on European and Asian markets through affiliatedcompanies, etc., of Nomura Securities Co., Ltd.

The secondary offering of shares through over-allotment described above is a sale that will be made by
Nomura Securities Co., Ltd. regarding the issuance of new shares through public offering, disposal of treasury
shares through public offering, and secondary offering of shares through purchase and underwriting by theunderwriter, taking into consideration the market demand and other conditions for those shares. Therefore, thenumber of shares to be sold related to secondary offering of shares through over-allotment indicated above is themaximum number of shares, and the number of shares may be reduced or this secondary offering may becanceled depending on the market demand and other conditions.
(*)

The common stock of the Company to be sold related to the secondary offering of shares through over-allotment
are shares that are borrowed by Nomura Securities Co., Ltd. from Tatsumi Sangyo Co., Ltd., a stockholder of theCompany (hereinafter referred to as “the Stock Lender”). In connection with this, the Board of Directors of theCompany held meetings on August 25, 2017 and September 11, 2017, and made a resolution to allot 555,000
shares of common stock of the Company to Nomura Securities Co., Ltd. (hereinafter referred to as “theThird-Party Allotment”).
In addition, Nomura Securities Co., Ltd. may purchase shares of common stock of the Company (hereinafterreferred to as “the Syndicate Cover Transaction”) on the Tokyo Stock Exchange during the period fromSeptember 29, 2017 to October 23, 2017, up to the number of shares to be sold related to the secondary offeringof shares through over-allotment. All of the shares purchased through the Syndicate Cover Transaction shall be
used to return the shares borrowed from the Stock Lender.
Nomura Securities Co., Ltd. does not intend to accept any allotment for the number of shares it purchases
through the Syndicate Cover Transaction, and therefore all or some of the shares to be issued by the Third-Party
Allotment may be unsubscribed. As a result, the final number of shares issued by the Third-Party Allotment may
decrease, or the issuance may not take place at all, due to forfeiture. In addition, Nomura Securities Co., Ltd.
may, at its discretion, choose not to enter into any Syndicate Cover Transaction or terminate such transaction
without purchasing the maximum number of shares during the period of the Syndicate Cover Transaction.

Note: This document does not constitute an offer of any securities for sale. This document has been
prepared for the sole purpose of publicly announcing the issuance of new shares, disposal of treasury
shares, and secondary offering of shares of the Company and it is not for the purpose of soliciting
investment, etc., both in and outside Japan. When investing in common stocks of the Company,inventors should refer to the prospectus and relevant amendments for the issuance of new shares,
disposal of treasury shares, and secondary offering of shares that have been prepared by theCompany before making a decision. This document is not an offer to sell, or solicitation of an offer tobuy, securities in the United States. In the United States, under the United States Securities Act of1933, except for the registration of securities or an applicable exemption from such registration
requirement, offering or sale of securities may not be conducted. The securities referred to in thisdocument will not be publicly offered in the United States.