Yamazawa Chemical,Ltd. announced that it expects to receive ¥300 million in funding from Yamazawa Co., Ltd.
March 28, 2021
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Yamazawa Chemical,Ltd. announced a private placement of 1,500 common shares at a price of ¥200,000 per share for gross proceeds of ¥300,000,000 on March 29, 2021. The transaction will include participation from returning investor Yamazawa Co., Ltd. to retain 100% stake in the company. The transaction has been approved at the board of director of the investor. The transaction is expected to close in April 2021. Post the transaction, the shares and share capital of the company will increase to 4,800 shares and ¥240,000,000 respectively.
YAMAZAWA CO., LTD. is a company principally engaged in the retail business of various merchandises. The Company operates in three business segments. The Supermarket segment is engaged in the retail of food products, household products and clothing products. The Drug Store segment is engaged in the retail of pharmaceutical products and cosmetic products, as well as the operation of dispensing pharmacy. The Others segment is engaged in the manufacture of food products, including dairy products, delicatessens and others, such as milk, noodles, sushi and rice-based products. This segment is also engaged in the agency of insurance and mobile phones, as well as the purchase, sale and rental of real estate.
YAMAZAWA CO., LTD. 
