Mitsubishi UBE Cement Corp. is planning to go public as soon as December, according to people familiar with the matter. The company was formed five years ago through units of Japanese materials companies. This upcoming listing would mark a significant milestone for the cement manufacturer, which has been building its profile in the construction materials sector.

The IPO would provide the company with additional capital for expansion and modernization of its facilities. Details regarding the size of the offering and pricing have not yet been disclosed. The move comes at a time when Japanese companies are showing renewed interest in domestic listings after a period of international relocations.

Market participants expect strong demand for the offering given the company's established reputation in the industry. The listing would be managed by leading Japanese banks and is expected to tap into investor interest in industrial and infrastructure-related stocks. Final terms and exact timing remain subject to regulatory approval and market conditions.