Jimoto Holdings, Inc. (TSE:7161) announced a private placement of 100,000,000 type a preferred shares at ¥200 per share for ¥20,000,000,000 and 130,000,000 Type B Preferred Shares at ¥1,500 per share for gross proceeds of ¥195,000,000,000, for total gross proceeds of ¥215,000,000,000 with The Resolution And Collection Corporation on October 1, 2012. The company issued shares through third party allocation.

On October 1, 2012, Jimoto Holdings, Inc. closed the transaction.