Japan Asset Marketing Co., Ltd. (TSE:8922) announced a private placement of 261,800,000 shares at a price of 122.001528 per share for gross proceeds of ¥31,940,000,000 with returning investor Don Quijote Holdings Co., Ltd. (TSE:7532) on October 27, 2017. The transaction is expected to close on November 13, 2017. The stake of the investor will increase from 46.1% to 64.3% stake in the company upon closing.