Gokurakuyu China Holdings Limited announced that it will receive ¥1,730,000,000 in an equity round of funding from existing investor, Gokurakuyu Co., Ltd. on June 26, 2014. The investor will invest ¥600,000,000 in cash and ¥1,130,000,000 in investment in kind by issuing shares. The investor will retain 100% stake of the company on closing of the transaction.

The transaction is expected to close in July 2014. The capital of the company will increase from ¥1,000,000 to ¥1,731,000,000. The board of directors of the investor approved the transaction.