Naigaikizai Trading Shanghai Co., Ltd. announced that it will receive ¥60,000,000 in an equity round of funding from existing investor Naigai TEC Corporation on October 10, 2014. The investor will continue to hold 100% stake in the company upon completion of the transaction. The registered capital of the company will increase from ¥60,000,000 to ¥120,000,000 upon completion of the transaction.

The securities will be issued through third party allocation. On the same date, the transaction was approved by the board of directors of the investor. The tentative payment period for the transaction is December 2014.