Asahi Suisan Co.,Ltd. announced that it will receive ¥20 million in an equity round of funding from an existing investor, KUZE Co., Ltd on March 23, 2015. The investor will maintain its stake at 100% in the company. The capital of the company will increase from ¥270 million to ¥290 million.

The transaction is expected to close by the end of March tentatively. The transaction has been approved by the board of directors of the investor.