NEXT Co., Ltd. announced that it will raise ¥100 million in an equity round of funding from new investor ITbook Holdings Co., Ltd. (TSE:1447) on March 5, 2021. Post the acquisition of shares, the investor will hold 100% stake in the company and capital after capital increase will be ¥150 million. The transaction has been approved by the board of directors of the investor. The payment date is March 10, 2021.