Yesodo Co., Ltd. announced that it has received ¥600 million in funding from SECOM CO., LTD., ANRI, DNX Ventures, LLC
December 06, 2023
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Yesodo Co., Ltd. announced that it has raised ¥600 million in an equity round of funding led by returning investor DNX Ventures, LLC. on December 7, 2023. The transaction also included participation from new investor SECOM CO., LTD. and returning investors ANRI.
The company issued common shares through third-party allotment.
Secom Co., Ltd. is No. 1 in Japan of safety services. Net sales break down by activity as follows:
- safety services (49.1%): installation and maintenance of electronic safety systems (primarily buildings access control systems, explosive control systems, electronic equipments of possessions and persons identification, anti-intrusion alarms), VIP protection, funds and valuable objects transportation, etc.;
- medical services (15.8%): home care services, medicines delivery services, sale of medical equipments, etc.;
- sale, installation and maintenance of protection against fire systems (12.4%);
- business process outsourcing and ICT services (10.3%) ;
- insurance services (5.3%): fire, automotive and health insurance;
- geospatial data broadcasting (4.7%);
- development and promotion of real estate assets (2.4%): primarily residential buildings with advanced safety systems.
Japan accounts for 96.1% of net sales.