Financial Do Co., Ltd. announced a private placement of common shares for gross proceeds of ¥2,000,000,000 on October 30, 2020. The capital reserves will increase to ¥1,000,000,000. The transaction will include participation from HOUSE DO Co.,Ltd. (TSE:3457). The payment date is October 30, 2020. After the capital increase, the amount of capital will increase to ¥1,799,250,000. The shares are issued through a third party allotment method.