Sun Capital Management Corp. announced a private placement of 444,444 stock acquisition rights at a price of ¥4 per stock for gross proceeds of ¥ 1,777,776 on April 12, 2022. The company followed of third-party allocation method.

The transaction is expected to close on April 28, 2022. The transaction has been approved by the board of directors. The transfer of the stock acquisition rights requires the approval of the board of directors of the company.