A&D Company, Limited (TSE:7745) announced a private placement of 1,122,000 treasury shares at ¥407 per share with new investor, Denso Corp. for gross proceeds of ¥456,654,000 on February 8, 2013. The investor will acquire a 5% stake in the company through this transaction. The company will receive the net proceeds of ¥456,514,000 after deducting various issuance expenses of ¥140,000. The shares will be issued through third party allotment. The disposal date is February 27, 2013. The transaction was approved at the company's board of directors' meeting.

On February 27, 2013, A&D Company, Limited closed the transaction.