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2015/09/01
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Capital increase through third-party allotment to JT - Accelerate investment and development of technology ventures in Japan and overseas

(Headquarters: Shinjuku-ku, Tokyo; President: Kazuhiro Hasegawa; hereinafter "Glocalink") has issued new shares through a third-party allotment to Japan Tobacco Inc.

With this transaction, Glocalink will begin investing in and fostering technology startups not only in Japan, but also in other countries.

■ Characteristics of Glocalink, Inc.

Up until now, GLOKA LINK's management members have supported the commercialization of various seeds and the investment and nurturing of venture companies, mainly in Japan. GLOCA-LINK is a startup investment and nurturing business that aims to work with founders to overcome the various difficulties faced by seed-stage technology companies, such as raising funds and securing management personnel, and to grow together with them.

 

About Glocalink Inc.https://glocalink.com/)

Location: 5F Iidabashi Miyuki Building, 1-4 Shimomiyaibicho, Shinjuku-ku, Tokyo

Established: June 2010

Capital: 9 million yen

Representative: Kazuhiro Hasegawa, Representative Director

Business activities: Management consulting business, investment development business

 

About Japan Tobacco Inc.http://www.jti.co.jp/)

Location: 2-2-1 Toranomon, Minato-ku, Tokyo

Established: April 1985

Capital: 100 billion yen

Representative: Mitsuomi Koizumi, President and Representative Director

Business: In addition to the global tobacco business, pharmaceuticals and processed foods

Developing business