Y's Table Corporation (TSE:2798) announced a private placement of 364,200 common shares at a price of ¥1,647 per share for gross proceeds of ¥599,837,400 on April 19, 2021. The transaction will include participation from new investors Asahi Group Holdings, Ltd. (TSE:2502) for 60,700 shares, Nigita Co.,Ltd. for 30,300 shares, individual investors Seizaburo Kanayama for 182,200 shares, Mutsuo Funabiki for 60,700 shares and Masayuki Watanabe for 30,300 shares through third-party allotment. The transaction has been approved in the Board of Directors meeting of the company.

The transaction is expected to close on May 7, 2021.