Kappa Create Holdings Co., Ltd. (TSE:7421) announced a private placement of 800,000 treasury shares at ¥1,971 per share with new investor, Shinmei Co., Ltd. for gross proceeds of ¥1,576,800,000 on April 9, 2013. The company will receive the net proceeds of ¥1,528,400,000 in the transaction. The investor will acquire 3.93% stake in the company through this transaction. The company will issue shares through third party allotment. The application period and payment date for the transaction is April 30, 2013. The company will pay various issuance expenses including registration expenses, legal fees, and accountant expenses of ¥48,400,000. The transaction was approved at the company's board of directors' meeting.

On April 30, 2013, Kappa Create Holdings Co., Ltd. closed the transaction.