Corporacion Tatsumi de México, S.A. DE C.V. announced that it will receive MXN 87 million in an equity round of funding on May 10, 2016. The transaction will include participation from returning investors, TATSUMI Corporation for MXN 52 million to retain 60% stake in the company and Mitsuba Corporation for MXN 35 million to retain 40% stake in the company. The capital of the company will increase from MXN 153 million to MXN 240 million.

The company expects to complete the transaction by the last of May 2016. The transaction has been approved by the board of directors of the TATSUMI Corporation.