Architects Studio Japan Inc. announced private placement of 474,833 shares at a price of ¥1,053 per share for gross proceeds of ¥499,999,149 with new investor Apaman Network Co., Ltd. on August 27, 2021. The expected payment date is October 1, 2021. The company will issue the securities on third party allotment basis. The investor will acquire 21.45% stake in the company. The estimated expenses are ¥26,418,000 and net proceeds is ¥473,581,149. The transaction was approved by the board of directors of the company.