Forum Engineering Inc. is planning an initial public offering in Japan, according to a term sheet seen by The Wall Street Journal on February 5, 2020. The company will start testing investors' appetite for its shares from February 7, 2020 and end the roadshows on Feb. 17, the term sheet showed. It didn't detail the amount the company seeks to raise from the offering. According to the term sheet, Forum Engineering plans to start taking orders from investors from Feb. 21 and aims to list on the Tokyo Stock Exchange on March 9.