Toa Road Corporation announced that it expects to receive ¥100.098 million in funding from NAGAWA Co., Ltd.
November 10, 2022
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Toa Road Corporation announced that it will issue 16,600 common shares at an issue price ¥6,030 per share for an aggregate gross proceeds of ¥100,098,000 on November 11, 2022. The transaction will include participation from NAGAWA Co., Ltd. The transaction has been approved board of directors of the company.
NAGAWA Co., Ltd. is a Japan-based company engaged in the design and installation of modular and system buildings, the manufacture, sale and rent of unit houses, as well as the rent and sale of construction equipment. The Company operates through three business segments. The Unit House segment is engaged in the manufacture, sale and rent of unit houses, as well as sale and rent of office equipment and electrical products incidental to houses. The Module and System Construction segment is engaged in construction and sale of module construction and system construction. The Construction Equipment Rental segment is engaged in the sale and rent of construction equipment.
NAGAWA CO., LTD. 
