Nihonwasou Direct Co., Ltd. announced that it will receive ¥63,000,000 in equity round of funding on April 13, 2023. The transaction will include participation from returning investor Nihonwasou Holdings, Inc. to retain 100% stake. Upon closing the transaction ¥34,000,000 will be added in the capital of the company and ¥29,000,000 will be added to capital reserve.

The transaction has been approved by the board of directors of the company. The transaction is expected to close on April 20, 2022.