Hakata Takumi Kougei Inc. announced a private placement of 9,600 common shares at an issue price of ¥520 per share for gross proceeds of ¥4,992,000 on September 3, 2018. The transaction will involve participation from individual investors Shozo Arita for 2,000 shares, Hiroaki Shiga for 2,000 shares, Chikai Eito for 1,000 shares, Eitaro Koyama for 1,000 shares, Naofumi Kato for 400 shares, Fujimasa Co., Ltd. for 1,000 shares, Dairin K.K. for 2,000 shares, and Kinoshita Senshoku Kojo Ltd. for 200 shares. The transaction is expected to close on September 28, 2018. The company will incur various issue expenses, including ¥100,000 for registration expenses and ¥500,000 for other various expenses. The shares will be issued through third party allotment method.