JOCDN, Inc. announced a private placement of common shares for gross proceeds of ¥710,000,000. The transaction includes participation from returning investors, Internet Initiative Japan Inc. (NasdaqGS:IIJI), and Nippon Television Holdings, Inc. (TSE:9404), and other new investors, TV Asahi Holdings Corporation (TSE:9409), Tokyo Broadcasting System Holdings, Inc. (TSE:9401), TV TOKYO Holdings Corporation (TSE:9413), Fuji Media Holdings, Inc. (TSE:4676), MBS MEDIA HOLDINGS, INC., Asahi Broadcasting Corporation (TSE:9405), Television Osaka, Inc., Kansai Telecasting Corporation, Yomiuri Telecasting Corporation, Tokai Television Broadcasting., Ltd., CHUKYO TV. BROADCASTING CO.,LTD., Chubu-Nippon Broadcasting Co., Ltd. (NSE:9402), Nagoya Broadcasting Network Co., Ltd., Aichi Television Broadcasting Co., Ltd. Post the closing of the transaction investors will hold 20%,14%,14%,14%,14%,14%,1%,1%,1%,1%,1%,1%,1%,1%,1%.

and 1% stake respectively. The securities are subject to 3rd party capital increase method.