Equity-Like Support from ぐんま地域共創パートナーズ and the Regional Co-Creation Fund
First written in FY2021. 4 of 5 entries say "Advanced", first in FY2022-Q3. Latest entry: FY2023.
3 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「In August 2022, through a fund managed by the investment-focused subsidiary 「ぐんま地域共創パートナーズ株式会社」, the Bank established the regional power generation company 「かんとうYAWARAGIエネルギー株式会社」 with local businesses, focusing on renewable energy generation.」
Through a fund managed by ぐんま地域共創パートナーズ, the Bank established a regional power generation company and expanded the scope of equity-like support to decarbonization and regional energy businesses. - FY2023-Q2AdvancedAnnual report
「Capital contributions to partnerships (※2) 885 28,457」
Capital contributions to partnerships increased from ¥885 million at the end of March 2022 to ¥28.457 billion at the end of September 2022. The Bank disclosed an increase in the scale of investments related to equity-like support through regional co-creation, including fund formation and management services. - FY2022AdvancedAnnual report
「The "Other" segment is a business segment not included in the reportable segments. It includes transportation services for goods and other items, maintenance of automated cash handling equipment, securities services, guarantee services, management consulting services, and fund formation and management services.」
Fund formation and management services provided by ぐんま地域共創パートナーズ and others were also explicitly included in the business segments, confirming the commercialization of equity-like support. - FY2022-Q3AdvancedAnnual report
「The "Other" segment is a business segment not included in the reportable segments. It includes transportation services for goods and other items, maintenance of automated cash handling equipment, securities services, guarantee services, management consulting services, and fund formation and management services.」
The Bank disclosed that fund formation and management services are included in the "Other" business segment, indicating that equity-like support, including through the Regional Co-creation Fund, has been commercialized as a business. - FY2021First statedAnnual report
「Following the relaxation of restrictions on voting rights holdings, the Bank established the investment-focused subsidiary 「ぐんま地域共創パートナーズ株式会社」 and formed a new fund with the subsidiary. It established a framework capable of providing new forms of support, including equity-like funding and hands-on support, to customers facing business succession issues or affected by COVID-19, thereby expanding and deepening its business domain.」
The Bank established a framework to provide equity-like funding and hands-on support through its investment-focused subsidiary and the Regional Co-creation Fund.