Harima-Kyowa Co. Ltd. (TSE:7444) announced a private placement of 150,000 treasury shares at ¥1,250 per share with The Minato Bank, Ltd. for gross proceeds of ¥187,500,000 on January 19, 2015. The placement date is January 30, 2015.

The transaction will take place through third party allocation. The transaction has been approved by its board of directors.