HAPINE Life ikkou Co.,Ltd. announced that it expects to receive ¥750 million in funding from Toho Holdings Co., Ltd., Aeon Co., Ltd.
May 25, 2021
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HAPINE Life ikkou Co.,Ltd. announced a private placement of 600 shares at a price of ¥1,250,000 per share for gross proceeds of ¥750,000,000 on May 26, 2021. The transaction included participation from Toho Holdings Co., Ltd. (TSE:8129) for 300 shares, Aeon Co., Ltd. (TSE:8267) for 300 shares. The shares will be issued through third party allotment method.
The payment date of the transaction is June 8, 2021.
Toho Holdings Co Ltd is a Japan-based company mainly engaged in the pharmaceutical wholesale business. The Company operates through five business segments. The Pharmaceutical Wholesale segment purchases pharmaceuticals and medical-related products from pharmaceutical manufacturers and sells them to hospitals, clinics and dispensing pharmacies. It is also engaged in the provision of data processing system and rental of real estate. The Dispensing Pharmacy segment is engaged in the management of insurance dispensing pharmacies and dispensing pharmacies. The Pharmaceutical Manufacture and Sale segment is engaged in the manufacture and sale of generic drugs and contract manufacturing of injectable drugs. The Clinical Trial Facility Support segment is engaged in the provision of support for clinical trial facilities. The Information Equipment Sales segment is engaged in the planning and sale of information processing equipment.
TOHO HOLDINGS CO., LTD. 
