Chowa Giken Corporation announced that it expects to receive funding from Fusion Co.,Ltd.
October 15, 2017
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Chowa Giken Corporation announced a private placement of 4,500,000 common shares with new investor, Fusion Co.,Ltd. (SPSE:3977) on October 16, 2017. The shares will be issued by third party allocation. As part of the transaction, the investor will acquire 19.8% stake in the company. The transaction has been approved by the board of the investor.
Fusion Co.,Ltd. is a Japan-based company mainly engaged in consulting services about big data analysis, system design and construction, and various promotions. The Direct Marketing segment is engaged in clarification of client companiesâ marketing issues, formulation of marketing strategies, and planning, operation and support of marketing measures. The marketing research service is engaged in the collection, processing, and analysis of data about products, sales, and customers in order to clarify the marketing issues of the companies. The marketing system service builds a system based on marketing know-how and proposes software selection from a neutral standpoint. The direct promotion service includes direct mail marketing, Internet marketing, and the construction and operation of campaigns and organizations.
FUSION CO.,LTD. 
