Toyo Asano Foundation Co.,Ltd. (TSE:5271) announced a private placement of 400,000 treasury common stock at ¥228 per share for gross proceeds of ¥91,200,000 on June 4, 2015. The transaction will include participation from Shizuoka Capital Company, Ltd. The stake of the investor in the company will increase from 1.11% to 3.88%. The due date of the transaction is June 19, 2015.

The transaction has been approved by the board of directors of the company.