Nippon Telephone Inc. announced a private placement of 2,310,000 common shares at ¥359 per share for gross proceeds of ¥829,290,000 on January 26, 2022. The transaction included participation from Showcase Inc. The payment date is February 14, 2022. After the completion of the transaction, the investor's stake will increase from 40.23%.

The estimated issuance costs are ¥12,000,000 for attorney's fees, ¥30,000,000 for advisory fees, ¥3,000,000 for registration fees, and ¥2,000,000 for other fees increase. The net process of the transaction is ¥782,290,000. The company issued securities through third-party allotment.

The company signed an capital and business alliance agreement with investor.