Yoshimura Food Holdings K.K. (TSE:2884) announced that it has entered into capital agreement to issue 1,188,500 common shares at issue price of ¥804 per share for gross proceeds of ¥955,554,000 on February 1, 2021. The transaction will include participation from new investor, KOKUBU GROUP CORP. to acquire 5% stake in the company. The company will raise money through third-party allocation. The payment period shall start from February 17, 2021 till February 24, 2021. The company will incur issuance expenses related to registration license tax and attorney's fees of ¥3,000,000 in relation to the transaction receiving net proceeds of ¥952,554,000. The transaction has been approved by the board of directors of the company.