Hamai Company Limited (TSE:6131) announced a private placement of 2,000,000 shares at a price of ¥163 per share for gross proceeds of ¥326,000,000 on September 4, 2014. The transcation will include participation from Fuji Machine Mfg Co., Ltd. for 1,500,000 shares for ¥244,500,000 and Fanuc Corporation for 500,000 shares for ¥81,500,000. Fuji Machine Mfg Co., Ltd. and Fanuc Corporation will hold 9.27% and 2.17% stake respectively in the company upon completion of the transaction. The shares will be issued through third party allocation. The company will receive net proceeds of ¥319,700,000 after deducting estimated amount of various issue costs of ¥6,300,000 including registration tax of about ¥1,100,000, stock fees of about ¥300,000, securities registration statement and prospectus creation expenses of about ¥600,000, and legal expenses of about ¥4,300,000. The payment date for the transaction is September 26, 2014.

On September 26, 2014, Hamai Company Limited closed the transaction.