Komori
Other Disclosures8285MITANI SANGYO CO.,LTD.Trading & Wholesale

Investment by the Hokuriku Regional Venture Fund in movus technologies Co., Ltd.

The Hokuriku Regional Venture Fund invested in movus technologies株式会社, which provides vehicle subscription services for rideshare drivers in Indonesia. Following the investment, the fund will support the company’s growth by leveraging the network of companies affiliated with the fund and its expertise in business support.

Worth reading
48Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
—
Displayed only when the document provides numerical figures.
Wording
Conditional
How definitive the wording is.

Announced details

Vehicle subscription services for rideshare drivers
Applicable field (uses covered by this announcement)

Ridesharing, mobility infrastructure and access to finance in Indonesia

Relationship between the counterparty and the company
MITANI SANGYO CO.,LTD.8285
Relationship with the Company

An investee of the Hokuriku Regional Venture Fund. The fund was jointly established by Carbon Ventures Co., Ltd. and QR Investment Co., Ltd. Carbon Ventures is a subsidiary of MITANI SANGYO CO.,LTD., while QR Investment is a subsidiary of 株式会社CCIグループ. Following the investment, the CCI Group and the MITANI SANGYO Group will support the company’s business growth.

Counterpartymovus technologies株式会社

Head office: Daiichi Kishi Building, 4th and 5th floors, 3-12-4 Uchikanda, Chiyoda-ku, Tokyo; Representative Director and CEO: Sakai Taketora (酒井丈虎); Business: providing vehicle subscription services for rideshare drivers in Indonesia; a Japan-founded startup

Location (as indicated in this announcement)

Daiichi Kishi Building, 4th and 5th floors, 3-12-4 Uchikanda, Chiyoda-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 CoveredVehicle subscription services for rideshare drivers
Counterpartymovus technologies株式会社
Counterparty overviewHead office: Daiichi Kishi Building, 4th and 5th floors, 3-12-4 Uchikanda, Chiyoda-ku, Tokyo; Representative Director and CEO: Sakai Taketora (酒井丈虎); Business: providing vehicle subscription services for rideshare drivers in Indonesia; a Japan-founded startup
Relationship with the CompanyAn investee of the Hokuriku Regional Venture Fund. The fund was jointly established by Carbon Ventures Co., Ltd. and QR Investment Co., Ltd. Carbon Ventures is a subsidiary of MITANI SANGYO CO.,LTD., while QR Investment is a subsidiary of 株式会社CCIグループ. Following the investment, the CCI Group and the MITANI SANGYO Group will support the company’s business growth.
Applicable areaRidesharing, mobility infrastructure and access to finance in Indonesia
LocationDaiichi Kishi Building, 4th and 5th floors, 3-12-4 Uchikanda, Chiyoda-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.

The fund determined that movus technologies株式会社 could help address the shortage of drivers, strengthen mobility infrastructure, improve access to finance, and increase employment opportunities and income. The fund also expects the company to have potential to expand its business across Southeast Asia, starting in Indonesia.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Investment by the Hokuriku Regional Venture Fund in movus technologies Co., Ltd. | MITANI SANGYO CO.,LTD. (8285) timely disclosure | Komori