Smartvalue Co., Ltd. announced a private placement of 415,000 shares at an issue price of ¥412 per share for proceeds of ¥170,980,000 on February 14, 2023. The transaction will include participation from Jun Shibuya for 207,500 shares, Kazumasa Shibuya for 147,500 shares and Nozomi Works, Ltd. for 60,000 shares. The transaction is expected to close on March 2, 2023.