NAGAWA Co., Ltd. announced a private placement of 30,000 treasury shares at a price of ¥8,740 per share for gross proceeds of ¥262,200,000 by third-party allotment on July 26, 2021. The transaction will include participation from existing investor Taihei Dengyo Kaisha, Ltd. The transaction is expected to be closed on August 20, 2021. The company will pay ¥3,000,000 as disposal costs and will receive net proceeds of ¥259,200,000 in the transaction.

The transaction has been approved by the company's board of directors.