FUJITA CORPORATION Co.,Ltd. (JASDAQ:3370) announced a private placement of 90,600 shares at a price of ¥497 per share for gross proceeds of ¥45,028,200 on August 22, 2014. The transaction will include participation from Duskin Co., Ltd. for 30,100 shares, LuckLand Co., Ltd. for 20,100 shares, Runsystems Co., Ltd. for 20,100 shares, Hiroaki Fujita for 10,300 shares, and Baby Face Co., Ltd. for 10,000 shares. The shares will be issued by third party allocation. The payment date for the transaction is September 17, 2014. The company will receive net proceeds of ¥44,028,200 after deducting amount of various issue costs of ¥1,000,000. The board of directors of the company approved the transaction.

On September 17, 2014, FUJITA CORPORATION Co.,Ltd. closed the transaction.