Investment in Triller through a fund established with U.S. investment companies and others
First written in FY2020. 5 of 7 entries say "Advanced", first in FY2021-Q1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026ReframedAnnual report
「At a meeting of the Board of Directors held on 24 September 2025, PEGASUS TECH VENTURES COMPANY II,L.P., a consolidated subsidiary of the Company, resolved to dissolve. As of the date of submission of this document, dissolution procedures are under way.」
The investment strategy through overseas investment funds has transitioned to the stage of dissolution and liquidation of the fund. - FY2023-Q1AdvancedAnnual report
「In addition, from the third quarter of the current consolidated accounting period, the newly established 株式会社ＣＡＲＡＶＡＮ Ｊａｐａｎ has been included in the scope of consolidation.」
The establishment and consolidation of CARAVAN Japan Co., Ltd., originating from the collaboration with CARAVAN, has been reflected in the scope of consolidation as progress toward commercialization described in the previous filing. - FY2022-Q3AdvancedAnnual report
「In addition, from the third quarter of the current consolidated accounting period, the newly established 株式会社ＣＡＲＡＶＡＮ Ｊａｐａｎ has been included in the scope of consolidation.」
The collaboration originating from the investment in CARAVAN progressed to the commercialization stage through the establishment of a joint venture in Japan and its conversion into a consolidated subsidiary. - FY2022-Q2AdvancedAnnual report
「Following our investment in CARAVAN in September 2020, we had been considering a joint business in Japan. We have now decided to establish a subsidiary to expand our group's business, primarily by bringing CARAVAN's celebrity business, which has a track record in the United States and elsewhere, to Japan.」
The existing CARAVAN investment progressed to the establishment of a subsidiary to conduct a joint business in Japan, including celebrity-related business. - FY2021-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 27 May 2020, the Company resolved to enter into an agreement with PEGASUS TECH VENTURES MANAGEMENT II,LLC, an investment firm based in Silicon Valley (hereinafter, “Pegasus Tech”), concerning the establishment of a fund. The fund was established on 1 July 2020 and capital was contributed on 10 July 2020, making Pegasus Tech a consolidated subsidiary of the Company.” “At a meeting of the Board of Directors held on 7 September 2020, the Company resolved to increase the capital of PEGASUS TECH VENTURES COMPANY II, L.P., a fund and specified subsidiary of the Company, in order to make an investment in Creative Labs, L.P. (hereinafter, “CL”). The agreement was signed on 13 September 2020 and the capital contribution was made on 14 September 2020.」
After establishing and capitalizing a fund to invest in Triller, the Company also invested in Creative Labs. The fund size was increased from US$3,000,000 (maximum US$5,000,000) to US$5,700,000 (maximum US$6,500,000). - FY2021-Q1AdvancedAnnual report
「At a meeting of our Board of Directors held on 27 May 2020, we resolved to enter into an agreement with Silicon Valley-based investment firm PEGASUS TECH VENTURES MANAGEMENT II, LLC concerning the establishment of a fund. The fund was established on 1 July 2020 and the investment was made on 10 July 2020. The investment in the fund was initially planned to be made through a newly established U.S. subsidiary, but it became clear that procedures in the United States relating to its establishment and other matters would take longer than expected due to the spread of COVID-19 in the United States. Accordingly, at a meeting of our Board of Directors held on 26 June 2020, we resolved to change the investment route so that we would invest directly in the fund. In addition, as our parent company, ASAHI BROADCASTING GROUP HOLDINGS CORPORATION, decided to newly invest in the fund, we changed the fund structure to one established by 3 parties, including Asahi Broadcasting.」
The fund has been established and capital contributions made, with the investment structure being developed into a three-party arrangement including Asahi Broadcasting Group Holdings, Inc., while changing the investment route from via the U.S. subsidiary to direct investment. - FY2020First statedAnnual report
「At a meeting of our Board of Directors held on 27 May 2020, we resolved to enter into an agreement with Silicon Valley-based investment firm PEGASUS TECH VENTURES MANAGEMENT II, LLC concerning the establishment of a fund. The fund will invest in Triller, LLC, which operates a short-form video-sharing platform app focused on music and could become an ideal collaboration partner for us. Initial investment: US$3,000,000 (maximum US$5,000,000). Scheduled establishment date: 10 July 2020. Scheduled investment date: 20 July 2020.」
The company newly announced plans to invest in the short-form video-sharing platform Triller, LLC and expand overseas through a fund with Pegasus Tech and ASAHI BROADCASTING GROUP HOLDINGS CORPORATION.