Sagami Chain Co. Ltd. (TSE:9900) announced a private placement of 593,000 treasury shares at ¥637 per share for gross proceeds of ¥377,741,000 on January 7, 2013. Show-Wa Co., Ltd., Showa Reizo Co., Ltd., Asahi Breweries, Ltd., Orikane Co., Ltd., Fukushima Katsuo Co., Ltd., Iwai Tsusho Co., Ltd., and San-Chu Co., Ltd. will participate in the transaction. The shares will be issued through third-party allotment. The company expects the net proceeds of ¥376,541,000 after deducting the issuance sundry fees of ¥1,200,000. The disposal date is January 24, 2013. The transaction was approved at the company's board of directors' meeting.

On January 24, 2013, Sagami Chain Co. Ltd. closed the transaction.