Matorikusomu Co., Ltd. announced that it intends to complete a private placement of 11,000 A-class shares at ¥25,000 per share for gross proceeds of ¥275,000,000 on January 20, 2016. New investor, OUVC No. 1 Investment Limited Partnership will subscribe 6,000 shares to acquire 19.4% stake in the company.

Other new investor, SMBC Venture Capital Fund No. 2, a fund managed by SMBC Venture Capital Co., Ltd. will subscribe 2,000 shares to acquire 6.4% stake in the company. Retuning investor, Nippi, Incorporated will subscribe 3,000 shares to acquire 0.8% stake to hold 25.8% stake in the company.

The investors will subscribe shares through third party allocation. The agreement is to be executed on January 25, 2016. The transaction is expected to close on January 29, 2016.

The transaction was approved by the board of directors of Nippi, Incorporated.