Tokyo International Air Terminal Corporation announced a private placement of 1,310 shares at a price of ¥5,000,000 per share for gross proceeds of ¥6,550,000,000 on September 15, 2017. The transaction will include participation from returning investor, Japan Airport Terminal Co., Ltd. (TSE:9706). The stake of the investor will increase from 38.78%, represented by 1,396 shares to 51% upon closing, represented by 2,706 shares. The shares will be issued by third party capital increase. The payment date is April 2018. The transaction has been approved at the extraordinary shareholders meeting of the investor. The company reported total assets of ¥160,182,000,000, net assets of ¥15,843,000,000, revenue of ¥77,847,000,000, operating profit of ¥10,834,000,000, and net profit of ¥5,417,000,000 for the year ended March 31, 2017.