Taiyo Kisokogyo Co.,Ltd. announced that it expects to receive ¥99.8049 million in funding from NAGAWA Co., Ltd.
December 13, 2023
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Taiyo Kisokogyo Co.,Ltd. announces private placement of 47,100 common shares at an issue price of JPY 2,119 per share for gross proceeds of JPY 99,804,900 on December 14, 2023. The transaction has been approved by the board of the company. The transaction will include participation from Nagawa Co., Ltd.
NAGAWA Co., Ltd. is a Japan-based company engaged in the design and installation of modular and system buildings, the manufacture, sale and rent of unit houses, as well as the rent and sale of construction equipment. The Company operates through three business segments. The Unit House segment is engaged in the manufacture, sale and rent of unit houses, as well as sale and rent of office equipment and electrical products incidental to houses. The Module and System Construction segment is engaged in construction and sale of module construction and system construction. The Construction Equipment Rental segment is engaged in the sale and rent of construction equipment.