In November 2021, JOeB raised approximately 310 million yen through third-party allocation of new shares to several private investors. The capital increase was completed on November 15, 2021.
With this capital increase, the amount of capital of JOeB became approximately 360 million yen.
This financing, in addition to ensuring financial soundness for business development, will enable us to facilitate construction of our Okinawa factory and development of innovative products.