Nishimoto Co., Ltd. announced that it expects to receive ¥44.2 million in funding from Nomura Securities Co. Ltd., Investment Arm
October 25, 2017
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Nishimoto Co., Ltd. (TSE:9260) announced a private placement of 9,900 shares for gross proceeds of ¥44,200,000 on October 26, 2017. The transaction will include participation from Nomura Securities Co. Ltd. The transaction is expected to close on October 30, 2017 and subscription date is October 27, 2017.
Nishimoto Co., Ltd. is a Japan-based holding company engaged in development and logistics of the Asian food and food materials, as well as the inport and wholesale of vegetable and fruits. The Company operates in two business segments. The Global Asian Food Business segment is involved in the import of Japanese food, as well as the provision of Asian food and ingredients. The Segment is also involved in the wholesale to restaurants and grocery stores. The Agriculture and Fishery Business segment is involved in the import and wholesale of fruits and vegetables and other processed goods to food manufacturers and restaurants. The Company is also involved in the import of overseas foods and groceries, as well as the development, manufacture, import and sale of character goods.