Daiwa Musen Denki Co., Ltd. announced that it will receive ¥250,000,000 in funding from existing investor, Denkyosha Co.,Ltd. on March 19, 2013. The company will issue 25,000 common shares at ¥10,000 per share in the transaction. The investor will continue to hold 100% stake in the company.

The company has received board approval for the transaction. The capital of the company will increase from ¥87,160,000 to ¥337,160,000. The settlement date is April 1, 2013.