Urawa Red Diamonds Co., Ltd. announced a private placement of common shares on January 20, 2017. The company will issue 800 shares in the transaction. The transaction has been approved in the board meeting.

The transaction includes participations from Diamond F.C. Partners Co., Ltd. for 410 shares, Meiji Yasuda Life Insurance Company for 20 shares, Rhythm Watch Co., Ltd. (TSE:7769) for 20 shares, Bunka Shutter Co., Ltd. (TSE:5930) for 20 shares, Sekichu Co., Ltd. (JASDAQ:9976) for 20 shares, Yono Food Center Co.,Ltd. for 20 shares, Polus-Tec Co.,Ltd. for 40 shares, Saiden Chemical Industry Co.,Ltd. for 20 shares, kabu.com Securities Co., Ltd. (TSE:8703) for 20 shares, Denkichi, K.K. for 20 shares, Medical Care Service Company Inc. for 40 shares, Ceremony Co.,Ltd. for 40 shares, Family Hikkoshi Center K.K. for 30 shares, I'll International Corporation for 20 shares and Kirin Brewery Company, Limited for 30 shares. The method of issuance is third party allotment.