RealEstate Distribution System Co., Ltd. announced a private placement of 515 common shares at ¥292,000 per share with new investor Hinokiya Holdings Co., Ltd.per share for gross proceeds of ¥150,380,000 on January 20, 2016. The investor will subscribe shares through third party allocation. As part of the round, the investor will acquire a total of 33.9% stake in the company.

The payment date is January 29, 2016.