Misawa Homes Co., Ltd. (TSE:1722) announced a private placement of 352,600 common shares at ¥1,120 per share for gross proceeds of ¥394,912,000 with Mitsubishi UFJ Trust And Banking Corporation on August 3, 2012. The transaction is expected to complete on August 23, 2012.

On August 23, 2012, Misawa Homes Co., Ltd. closed the transaction.