Sintokogio., Ltd. (TSE:6339) announced a private placement of 165,200 treasury common stock at ¥1,089 per share for gross proceeds of ¥179,902,800 on November 10, 2015. The transaction will include participation from The Master Trust Bank of Japan, Ltd., Investment Arm. The company will incur expenses of ¥500,000 and will raise net proceeds of ¥179,402,800 in the transaction.

The transaction is expected to close by December 7, 2015.