Takerobo Corporation announced a private placement of 2,400 shares at ¥65,000 per share for gross proceeds of ¥156,000,000 on October 22, 2015. The transaction will include participation from a new investor, Hakuten Co., Ltd. As part of the transaction, the investor will acquire 64.8% stake in the company. The company will acquire 500 shares from an existing shareholder and 1,900 shares through third party capital increase.

The transaction has been approved by the board of directors of the investor. The transaction is expected to close on November 6, 2015. The company will incur advisory costs of ¥12,000,000.