Seihyo Co., Ltd. announced a private placement of 99,000 common shares at a price of ¥3,265 per share for gross proceeds of ¥323,235,000 through third party allocation on April 8, 2022. The transaction includes participation from new investor Wealth Brothers Co., Ltd. The approximate issue cost of the transaction is ¥5,631,000. The expected payment date of the transaction is April 25, 2022.