Fujita Kanko Inc. announced a private placement of 150 Class A preferred stock at a price of ¥100,000,000 per stock for the gross proceeds of ¥150,000,000,000 on July 16, 2021. The company will issue securities to DBJ Food and Beverage / Lodging Support Fund L.P., a fund managed by DBJ Regional Investment Co., Ltd. on third party allotment basis. The transaction is expected to close on September 28, 2021. The company will pay ¥270,000,000 as expenses in the transaction. The transaction has been approved by board of the company.