Original Engineering Consultants Co., Ltd. (TSE:4642) announced a private placement of 70,100 shares of its treasury common stock at a price of ¥428 per share for gross proceeds of ¥30,002,800 on March 13, 2015. The securities will be issued to Trust & Custody Services Bank, Ltd., Investment Arm. The company will issue the shares via third party allocation.

The transaction will close on March 31, 2015.