Hikari Holdings Co.,Ltd. announced that it expects to receive funding from Jinryo Real Estate Co., Ltd., Rise Co., Ltd.
December 15, 2022
Share
Hikari Holdings Co.,Ltd. announced a private placement of 27,600 common shares for gross proceeds of ¥40,020,000 on December 15, 2022. The minimum issue price will be ¥2,900 per share. The company issued shares through third party allotment method.
The transaction has been approved by board of directors of the company.
Hikari Holdings Co., Ltd. is a Japan-based company mainly engaged in the tile & stone processing and sales business, construction material wholesale business, as well as telecommunications construction project business. The tile and stone mainly includes floor tiles and wall tiles, which are used for interior decoration. Construction Material Wholesale business sells imported building materials, such as Brook & Stone (brick), tile, mosaic, and involves import agency and warehouse management business. Telecommunications Construction Project business includes facility construction contracting work, temporary staffing work, and field support work.