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Other Disclosures7164ZENKOKU HOSHO Co.,Ltd.Financials (excluding banks)

Investment in 株式会社Facilo through a corporate venture capital fund

Zenkoku Hosho Co., Ltd. invested in Facilo Inc., which provides the real estate communication cloud service “Facilo,” through a jointly established corporate venture capital fund. Going forward, the two companies aim to combine their expertise and resources to provide new housing and lifestyle-related services.

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Announced details

Real estate communication cloud service “Facilo”
Applicable field (uses covered by this announcement)

Real estate brokerage operations; housing and lifestyle-related services

Relationship between the counterparty and the company
ZENKOKU HOSHO Co.,Ltd.7164
Relationship with the Company

Zenkoku Hosho Co., Ltd. has an investment relationship with Facilo Inc. through the Zenkoku Hosho Innovation Investment Limited Partnership. Zenkoku Hosho Co., Ltd., Spiral Capital Co., Ltd. and Spiral Innovation Partners LLP jointly established the fund. Going forward, Zenkoku Hosho Co., Ltd. and Facilo Inc. plan to combine their expertise and resources.

CounterpartyFacilo Inc.

7F, Yaesu Central Tower, Tokyo Midtown Yaesu, 2-2-1 Yaesu, Chuo-ku, Tokyo. The representative director is Ichikawa Hiroshi (市川紘). Established on 18 October 2021. Facilo provides a real estate communication cloud service that improves the efficiency of real estate brokerage operations and enhances the customer experience. URL: https://corp.facilo.jp

Location (as indicated in this announcement)

7F, Yaesu Central Tower, Tokyo Midtown Yaesu, 2-2-1 Yaesu, Chuo-ku, Tokyo

In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.

Announced details
ItemDetails
Names of Products / Services CoveredReal estate communication cloud service “Facilo”
CounterpartyFacilo Inc.
Counterparty overview7F, Yaesu Central Tower, Tokyo Midtown Yaesu, 2-2-1 Yaesu, Chuo-ku, Tokyo. The representative director is Ichikawa Hiroshi (市川紘). Established on 18 October 2021. Facilo provides a real estate communication cloud service that improves the efficiency of real estate brokerage operations and enhances the customer experience. URL: https://corp.facilo.jp
Relationship with the CompanyZenkoku Hosho Co., Ltd. has an investment relationship with Facilo Inc. through the Zenkoku Hosho Innovation Investment Limited Partnership. Zenkoku Hosho Co., Ltd., Spiral Capital Co., Ltd. and Spiral Innovation Partners LLP jointly established the fund. Going forward, Zenkoku Hosho Co., Ltd. and Facilo Inc. plan to combine their expertise and resources.
Applicable areaReal estate brokerage operations; housing and lifestyle-related services
Location7F, Yaesu Central Tower, Tokyo Midtown Yaesu, 2-2-1 Yaesu, Chuo-ku, Tokyo
Items this document does not state (12)
Contract ValueOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocation scaleQuantitative EffectsUsage historyImpact on Business PerformanceSource

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To provide comprehensive services ranging from home searches through the start of residence by collaborating with Facilo Inc. to improve the efficiency of real estate brokerage operations and enhance the customer experience.

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Investment in 株式会社Facilo through a corporate venture capital fund | ZENKOKU HOSHO Co.,Ltd. (7164) timely disclosure | Komori