Meiwa Industry Co., Ltd. (TSE:7284) announced a private placement of 1,043,000 treasury common stock at ¥160.14 per share to Daiwa Securities Co., Ltd. for gross proceeds of ¥167,026,020 on September 25, 2014. The subscription date is September 29, 2014 while payment date is September 30, 2014.

On September 30, 2014, Meiwa Industry Co., Ltd. closed the transaction.