July 15, 2021

To Whom it may concern,

Notice on Issuance of a Sponsored Research Report

Forum Engineering Inc. (hereafter "the Company") decided to commission a sponsored research report in English to improve communication with overseas investors and promote better understanding of the Company.

The research report was written by Nippon Investment Bespoke Research UK Ltd (www.nippon-ibr.com), an independent research boutique specialised in the Japanese equities based in London, UK, but does not carry any investment recommendation. The report is solely prepared based on publicly available information and explains our business model, the past earnings trend and guidance and medium/long-term management vision, and supports our investor relations activities to foreign investors. The report can be accessed by clicking the link below.

View the report

For more information,

Please contact:

Naoki KAZAMA

Executive Officer, Corporate Planning Dept.

Forum Engineering Inc.

Tel: +81-3-3560-5505

E-mail: ir@forumeng.co.jp

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Forum Engineering Inc. published this content on 15 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 July 2021 03:02:04 UTC.