TAIYO YUDEN (CHANGZHOU) CO., LTD announced that it will receive $173,777,000 in an equity round of funding from returning investor Taiyo Yuden Co., Ltd. (TSE:6976) on July 29, 2021. The transaction is expected to close on August 2021. Post to the closing, Taiyo Yuden Co., Ltd. (TSE:6976) stake will increase from 49.6% to 87.5%.

The company will increase its capital from $26,222,000 to $200,000,000.