Taihei Dengyo Kaisha, Ltd. announced a private placement to issue 10,000 acquisition rights at a price of ¥2,450 per share for the gross proceeds of ¥24,500,000 and 10,000 acquisition rights at a price of ¥200 per share for the gross proceeds of ¥2,000,000 for the aggregate gross proceeds of ¥26,500,000 on February 9, 2024. The company will issue shares through third party allotment. The transaction has been approved by the board of directors of the company.