Japan Cash Machine Co., Ltd. announced that it expects to receive ¥21.75 million in funding from Nomura Securities Co. Ltd., Investment Arm
March 10, 2017
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Japan Cash Machine Co., Ltd. (TSE:6418) announced a private placement of 29,000 series 2 warrants at ¥750 per warrant for gross proceeds of ¥21,750,000 on March 10, 2017. The warrants have minimum exercise price of ¥1,051. Each warrant is exercisable into 100 shares from April 3, 2017 to April 3, 2020. The warrants will be issued to Nomura Securities Co. Ltd., Investment Arm through third party allocation method. The transaction is expected to be completed by March 28, 2017.
JAPAN CASH MACHINE CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of cash related equipment. The Company operates through four business segments. The Global Gaming segment is mainly engaged in the manufacture and sale of banknote validators and banknote circulation units for casino halls and original equipment manufacturer (OEM) customers, as well as printer products for gaming. The Overseas Commercial segment is mainly engaged in the manufacture and sale of banknote validators and banknote circulation units for overseas banking, retail and transportation markets. The Domestic Commercial segment is mainly engaged in the manufacture and sale of banknote circulation units, change equipment and currency exchange equipment for domestic banking, retail and transportation markets. The Amusement Equipment segment is mainly engaged in the manufacture and sale of ball lending equipment, medal lending equipment and other related equipment.
JAPAN CASH MACHINE CO., LTD. 
