Hinoki has raised ¥3.1 billion and plans to pursue M&A transactions involving 20 small and medium-sized companies over the next 10 years in the technology and specialized trading and property inspection sectors, supporting business succession.
Hinoki, headquartered in Shibuya, Tokyo, said it plans to use the funds raised in this round to advance its business.
The company said it aims to complete 20 M&A transactions over the next 10 years and intends to expand its business while limiting its target sectors to technology and specialized trading and property inspection.
It explained that it will pursue an M&A strategy centered on supporting business succession at small and medium-sized companies, with the aim of facilitating business succession and providing growth opportunities.
The latest funding round is intended to accelerate Hinoki's growth as an emerging company, but it has not yet disclosed specific investment targets.