Kozosushi Co., LTD. announced that it expects to receive ¥381.021 million in funding from Asrapport Co., Ltd.
June 13, 2021
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Kozosushi Co., LTD. (JASDAQ:9973) announced a private placement of 7,471,000 shares at a price of ¥ 51 per share for gross proceeds of ¥ 381,021,000 on June 14, 2021. The company will issue the shares through third party allotment. The transaction will include participation from Asrapport Co., Ltd. On the same day, the company held the board of directors meeting. The capital of the company have been increased to ¥ 190,510,500.
Kozosushi Co.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of sushi and bento boxes, and supply and provision of raw materials to members as a franchise for Kosushi. The Company operates in three segments. The Takeout Sushi and others segment operates shops under the brand names Kozosushi and Chagetsu. It has directly-managed stores under name Curry House Spicy, Chunyodo and San Marco. Sushi Franchise (FC) business is providing brandâs using right and instruction for product manufacture and sale to get paid. The nursing and welfare business segment has facilities for the elderly with services Laport. The Delivery business segment includes combined home delivery business that provides home delivery sales of in-house prepared foods and home delivery services for nearby restaurants and home delivery FC business.