Kantsu Co.,Ltd. announced a private placement of 13,000 5th stock acquisition rights at a price of ¥300 per rights for gross proceeds of ¥3,900,000, and 7,000 6th stock acquisition rights at a price of ¥100 per rights for gross proceeds of ¥700,000, aggregate of ¥4,600,000 through third-party allotment, on June 14, 2022. The transaction will include participation from Tokai Tokyo Financial Holdings, Inc. The 5th stock acquisition rights are exercisable into 2,000,000 shares which is equal to 100 shares per stock acquisition right at an initial exercise price of ¥712 per share, and 6th stock acquisition rights are exercisable into 371,000 shares which is equal to 100 shares per stock acquisition right at an initial exercise price of ¥926 per share between July 1, 2022 to July 1, 2024. The transaction has been approved in the board of directors meeting of the company.

The securities to be issued are subject to transfer restriction. The transaction is expected to close on June 30, 2022.