FUJIKURA COMPOSITES Inc. announced a private placement of stock acquisition rights at an issue price of ?301 per stock acquisition right for gross proceeds of ?2,643,030,000 on November 11, 2021. The stock acquisition rights will have an initial exercise price of ?878. The transaction will have an issue expenses of ?10,000,000 and will have net proceeds of ?2,633,030,000. The transaction has been approved by the board of directors of the company.