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Other Disclosures8704TRADERS HOLDINGS CO.,LTD.Financials (excluding banks)

Investment through a corporate venture capital (CVC) fund in Sinumy株式会社, which independently develops Bluetooth-enabled hands-free authentication technology

Traders Holdings made an investment in Sinumy株式会社, which develops Bluetooth-based hands-free authentication technology, through its CVC fund.

Worth reading
70In focus
Scored from 5 of 6 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
—
Displayed only when the document provides numerical figures.
Wording
Definitive
How definitive the wording is.

Announced details

Bluetooth Low Energy (BLE)-based hands-free, touchless authentication technology
Applicable field (uses covered by this announcement)

Transportation ticket gates, payments, access control, event reception, offices and commercial facilities

Relationship between the counterparty and the company
TRADERS HOLDINGS CO.,LTD.8704
Relationship with the Company

Investment through Traders FinTech No. 1 Investment Limited Partnership. Traders Holdings is a limited partner of the fund.

CounterpartySinumy株式会社

Representative: Ryoya Kurauchi (倉内亮弥), Representative Director and CEO; Address: Higashiguchi Station Building 1003, 1-20-14 Higashinakajima, Higashiyodogawa-ku, Osaka, Osaka; Established: June 2018; Business activities: Development of hands-free authentication technology using smartphones’ Bluetooth (BLE), provision of seamless authentication experiences in transportation ticket gates and payment services, and implementation of touchless ticket gates and touchless payments in society

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

Announced details
ItemDetails
Names of Products / Services CoveredBluetooth Low Energy (BLE)-based hands-free, touchless authentication technology
CounterpartySinumy株式会社
Counterparty overviewRepresentative: Ryoya Kurauchi (倉内亮弥), Representative Director and CEO; Address: Higashiguchi Station Building 1003, 1-20-14 Higashinakajima, Higashiyodogawa-ku, Osaka, Osaka; Established: June 2018; Business activities: Development of hands-free authentication technology using smartphones’ Bluetooth (BLE), provision of seamless authentication experiences in transportation ticket gates and payment services, and implementation of touchless ticket gates and touchless payments in society
Relationship with the CompanyInvestment through Traders FinTech No. 1 Investment Limited Partnership. Traders Holdings is a limited partner of the fund.
Applicable areaTransportation ticket gates, payments, access control, event reception, offices and commercial facilities
Items this document does not state (13)
Contract ValueOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocationLocation 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 investment was made because of the company’s appreciation for Sinumy’s proprietary technology, high scalability and business development in the social infrastructure sector, as well as its expectations for the creation of new markets in the FinTech and authentication fields.

How to read this page

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Investment through a corporate venture capital (CVC) fund in Sinumy株式会社, which independently develops Bluetooth-enabled hands-free authentication technology | TRADERS HOLDINGS CO.,LTD. (8704) timely disclosure | Komori