Kimuratan Corporation (TSE:8107) announced a private placement of 60,000 8th stock acquisition rights certificates units at a price of ¥38 per unit for ¥2,280,000, 100,000 9th stock acquisition rights certificates units at a price of ¥70 per unit for ¥7,000,000, and 60,000 10th stock acquisition rights certificates units at a price of ¥104 per unit for ¥6,240,000, for aggregate gross proceeds of ¥15,520,000 on October 6, 2017. The transaction will include participation from Credit Suisse Securities (Japan) Limited, Investment Arm. Each unit consists of 100 stock acquisition rights. The 8th stock acquisition rights will be exercisable into common shares at a price of ¥64 per share, 9th stock acquisition rights will be exercisable into common shares at a price of ¥64 per share, and 10th stock acquisition rights will be exercisable into common shares at a price of ¥73 per share, from October 24, 2017 to October 23, 2019. The issuance will be completed by third party allocation. The lower limit of exercise price is ¥32. The transaction is expected to close on October 23, 2017.