Shida Kanzume Co.,Ltd. announced a private placement of 927 common shares with new investor MARUICHI Co.,Ltd. on July 24, 2015. The investor will acquire 57.9375% stake in the company through this transaction and will hold 70.3% stake in the company upon completion of the third party allocation of shares and acquisition of shares of the company from existing shareholders. On the same date, the transaction was approved by the board of directors of the investor.

The third party capital increase subscription contract is expected to be concluded on August 18, 2015 and the transaction is expected to close on August 24, 2015.