Mitsubishi Materials Real Estate Corporation announced that it has issued 7,788 common shares at a price of ¥91,807.9097 for gross proceeds of ¥715,000,001 on May 21, 2019. The transaction will involve participation from new investor RISE, Inc. (JASDAQ:8836) through third party allocation. Prior to the transaction, the company had a capital of ¥100,000,000 with 29,808 issued common shares and post completion of the transaction the company has 37,596 shares.

The transaction has been approved by the board of directors of the investor.