Tripleone Co., Ltd. announced a private placement of 44,000 shares of common stock at a price of ¥8,300 per share for gross proceeds of ¥365,200,000 on February 25, 2022. The transaction will include participation from NFK Holdings Co., Ltd. for 14,000 shares, Tatsuya Sagawa for 10,000 shares, Kenji Tsuru for 10,000 shares and Sadaji Iwato for 10,000 shares. The company used third-party allotment method in the transaction.

The transaction has been approved by the the board of directors. The transaction is expected to close on March 18, 2022.