General Planning Co., Ltd. (Headquarters: Minato-ku; Representative Director: Ikuya Suzuki; hereinafter "the Company") is pleased to announce that it has completed a Series A capital alliance totaling 100 million yen through a third-party allotment of shares to KKT LLC and the transfer of shares from existing shareholders.

In this round, the Company raised 85 million yen through a third-party allotment of shares and strengthened its capital structure through the transfer of shares from existing shareholders.

With this capital alliance, the Company will accelerate the strengthening of its business foundation and growth investments.

Background of the Funding To date, the Company has focused its business operations on tourist destinations, working to solve human resource challenges in these regions. The purpose of this Series A round, through a capital alliance with KKT LLC—which operates a diverse range of businesses—is to accelerate the supply of human resources in the tourism industry and the expansion of regional businesses.

KKT LLC is involved in domestic and international real estate development, restaurant operations, sports business, and IT services for local governments, in addition to collaborating with multiple investment funds. Through this capital alliance, the Company will strengthen the human resource supply system necessary for operating tourist facilities, such as local resorts and restaurants, and will work to expand regional businesses by leveraging the networks of both companies.

Strengthening Human Resource Supply and Operations for Tourist Facilities We will strengthen the supply of human resources to hotels, tourist facilities, and local companies that KKT commissions for development and operation. Furthermore, through the contract operation of tourist facilities and the development of restaurant businesses, we will promote the creation of business opportunities and the resolution of labor shortages in regional areas.

Promotion of Regional Relocation Projects Utilizing KKT's administrative network, we will jointly promote projects to encourage relocation to tourist destinations and regional cities. Through businesses that connect the tourism industry with local communities, the Company will contribute to the sustainable development of regional economies.

Comment from KKT LLC We are very pleased to enter into this capital alliance with General Planning Co., Ltd., which will allow KKT LLC to further diversify its wide range of businesses. With this capital injection, we have become the second-largest shareholder after President Suzuki, and we declare our strong commitment to the future of General Planning Co., Ltd., backed by the abundant financial resources of KKT LLC.

Comment from the Representative I am very pleased that we were able to conduct this Series A round with KKT LLC as our partner. Through this capital alliance, we aim to further strengthen our business foundation and create new growth opportunities. We will continue to strive to enhance our corporate value through business growth.

FACT BOX

  • Source: PR TIMES
  • Category: financial