Expansion of the BEAUTY & WELLNESS Business through Corporate Venture Capital
First written in FY2019-Q1. 2 of 3 entries say "Advanced", first in FY2019-Q2. Latest entry: FY2022.
15 other companies' latest entry also says "Advanced".
- FY2022AdvancedAnnual report
「On 16 June 2022, the Company newly established Central Japan Seed Fund Investment Limited Partnership. Although the Company’s voting interest in the partnership is 50% or less, it has included the partnership in the scope of consolidation because it effectively controls its decision-making body.」
In addition to the existing MTG Ventures and MTGV Investment Limited Partnership, the Company established Central Japan Seed Fund and expanded its investment platform. - FY2019-Q2AdvancedAnnual report
「In February 2019, the Company established MTGV Investment Limited Partnership. Managed by MTG Ventures, the partnership is an investment fund with total capital of approximately ¥5 billion that primarily invests in startup companies with beauty-tech and wellness-tech businesses.」
Following the establishment of MTG Ventures, the Company established an investment fund with total capital of approximately ¥5 billion targeting beauty-tech and wellness-tech startups. - FY2019-Q1First statedAnnual report
「In October 2018, the Company established MTG Ventures as a consolidated subsidiary. This consolidated subsidiary is a corporate venture capital firm established to expand the Company’s BEAUTY&WELLNESS business.」
The Company established a corporate venture capital firm to expand its BEAUTY&WELLNESS business.