Chubu Shiryo Co., Ltd. (TSE:2053) announced a private placement of 3,836,400 shares at ¥1,064 per share for gross proceeds of ¥4,081,929,600 on July 31, 2015. The transaction will include participation from six investors including ITOCHU FEED MILLS CO., LTD., which will invest for 945,000 shares, ITOCHU Corporation (TSE:8001), which will invest for 679,000 shares, NH Foods Limited (TSE:2282), which will invest for 487,000 shares, NH Foods, Limited, which will invest for 558,600 shares, Nippon White Farm K.K., which will invest for 583,200 shares, and Interfarm Co., Ltd., which will invest for 583,200 shares. NH Foods, Limited and Itochu Feed Mills Co., Ltd. will hold 3.11% stake in the company upon completion of the transaction.

The securities will be issued through third party allocation. On the same date, the transaction was approved by the board of directors of the company. The company will receive net proceeds of ¥4,054,553,410 in the transaction.

The payment date is August 21, 2015.