Yasunaga Corporation announced a private placement of 16,600 stock acquisition rights for the gross proceeds of ¥1,415,150,000 on August 22, 2023. The stock acquisition rights will be converted into 1,660,000 shares. The transaction has been approved by the shareholders of the company and is expected to close between September 26 to September 28, 2023.

As a part of the transaction, the company will pay ¥13,000,000 as issuance fees. The stock acquisition rights will be issued through third party allotment method.