Gourmet Kineya Co., Ltd. (TSE:9850) announced a private placement of 200,000 shares of its treasury common stock at ¥830 per share for gross proceeds of ¥166,000,000 on January 14, 2015. The transaction will include participation from JB Eleven Co., Ltd. The transaction will close on January 30, 2015. The transaction will take place through third party allocation. The transaction has been approved by the board of directors of the company. The company will incur various issuance cost of ¥600,000 and receive net proceeds of ¥165,400,000 in this transaction.

On January 30, 2015, Gourmet Kineya Co., Ltd. closed the transaction. The company has 9,557 treasury shares after the transaction.