Fujikoh Co. Ltd. (TSE:2405) announced a private placement of 620,000 shares at ¥261 per share for gross proceeds of ¥161,820,000 with new investor, TTI Co., Ltd on August 9, 2012. The investor will gain 19.49% and will become principal and largest shareholder of the company. The payment date is August 24, 2012. The net proceeds for the transaction is ¥151,120,000 after deducting expenses of ¥10,700,000, which includes ¥8,000,000 as advisory fees, ¥1,500,000 as legal fees, ¥600,000 registration fees, and ¥600,000 audit fees.

On August 24, 2012, Fujikoh Co. Ltd. closed the transaction.