Ultimatrust Co., Ltd. announced that it will receive ¥340 million in funding from Abies Ventures Inc., Dai Nippon Printing Co., Ltd. and another investor
January 28, 2021
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Ultimatrust Co., Ltd. announced that it will receive ¥340,000,000 in a round of funding led by new investor Abies Ventures Fund I, L.P.; a fund managed by Abies Ventures Inc. on January 29, 2021. The transaction will include participation from Dai Nippon Printing Co., Ltd. and individual investor Shunichi Yamada. The company will issue the preferred shares on third party allotment basis.
Dai Nippon Printing Co. specializes in printing services. Net sales break down by activity as follows:
- printing of cards, books and business documents (54.1%): microchips, plastic cards, books, magazines, catalogs, administrative forms, brochures, indices, etc.;
- printing of flexible packages and decorative coatings (28.2%): bags, bottles, cardboard boxes, paint papers, wood and metal engraved plates, etc. The group also produces and sells optic films, ink ribbons, etc.;
- manufacturing of electronic components (13.7%): semiconductors components, photolithography masks, projection screens, protection filters for screens, color printers components, etc.;
- production of beverages (4%).
Net sales are distributed geographically as follows: Japan (83%), Asia (10.6%) and other (5.4%).
Ultimatrust Co., Ltd. announced that it will receive ¥340 million in funding from Abies Ventures Inc., Dai Nippon Printing Co., Ltd. and another investor
DAI NIPPON PRINTING CO., LTD. 
