and factory,inc announced a private placement of 1,408,450 shares at a price of ¥355 per share for gross proceeds of ¥499,999,750 on October 25, 2022. The transaction will include participation from Septeni Holdings Co., Ltd. The company will carry out capital increase through third-party allocation. The transaction has been approved by board of directors of the investor.

The transaction is expected to close on November 10, 2022.