FRD Japan Completes Third-Party Allotment to The Norinchukin Bank
— Steady progress on launching the Futtsu commercial plant (Phase 2) and Accelerating Development of the Next large-scale Plant (Phase 3) — FRD Japan Co., Ltd. (“FRD”, Head Office: Saitama; Representative: Tetsuro Sogo) today announced the completion of a third-party allotment of shares (the “Transaction”) to The Norinchukin Bank (“NCB”, Head Office: Tokyo; President & CEO: Taro Kitabayashi). The proceeds

