Following the capital increase of 310 million yen in November 2021, we raised 35 million yen through a third-party allocation of new shares to Shin-Ei Holdings Co., Ltd. (Anjo-City, Aichi Prefecture) and several private investors. As a result of this capital increase, the amount of the company’s capital is now approximately 390 million yen.
In addition to ensuring financial soundness for business development, this financing will allow us to strengthen cooperation with our business partners, and to proceed with the construction of our Okinawa factory and the development of innovative products.