ABIST H&F Co.,Ltd. announced that it expects to receive ¥100 million in funding from Abist Co.,Ltd.
July 12, 2016
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ABIST H&F Co.,Ltd. announced a private placement of common shares for gross proceeds of ¥100,000,000 on July 13, 2016. The transaction will include participation from returning investor Abist Co.,Ltd. (TSE:6087) to acquire additional 11.904671% stake to retain 100% stake in the company. The registered capital of the company will increase from ¥370,000,000 to ¥420,000,000. The company expects to close the transaction in late July 2016. The transaction has been approved by the board of directors of the investor.
ABIST Co., Ltd. is a Japan-based company mainly engaged in the design and development of machinery and machine parts, and the development of software, with the utilization of high-end 3D CAD tool. The Company operates in four business segments. The Design and Development Outsourcing business segment is engaged in the provision of worker dispatching service for automobile and related part manufacturers; the undertaken of design and development works for clients, and the provision of onsite training services. The 3D Printing segment is involved in the manufacture and sale of products to domestic manufacturers by making to order using their own 3D printers. The Beauty and Health Product Manufacturing and Sales segment manufactures hydrogen water for drinking, Hitamiwataru Suisomizu, and sells it to general consumers. The Real Estate Leasing segment is involved in the leasing of rental buildings owned by the company to client companies.
ABIST CO.,LTD. 
