Ariadne International Consulting Co., Ltd. announced that it expects to receive ¥20 million in funding from SOLXYZ Co., Ltd.
May 23, 2021
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Ariadne International Consulting Co., Ltd. announced that it will receive ¥20,000,000 in a round of funding on May 24, 2021. The transaction will include participation from returning investor SOLXYZ Co., Ltd. (TSE:4284). Pursuant to the transaction, the investors stake will increase from 76.9% to 90.9%. Out of the total proceeds ¥10,000,000 will go towards registered capital and remaining ¥10,000,000 will go towards capital reserve. The transaction is expected to close on May 31, 2021. The transaction has been approved by the board of directors of the investor. Post transaction the registered capital will increase from ¥8,000,000 to ¥18,000,000 and capital reserve will increase from ¥5,000,000 to ¥15,000,000.
SOLXYZ Co., Ltd. is a Japan-based company primarily engaged in the software development business. The Company operates in two business segments. The Software Development segment is engaged in the customized development of software and package systems, the system integration (SI) business, and the provision of related maintenance services, for the financial, information and communications industries, as well as the sale and maintenance of affiliated information equipment. The Digital Signage segment is engaged in the development and sale of digital signage equipment, the design, installation and maintenance of audio/video (AV) systems and security systems. In addition, the Company also provides multi-functional sensor for senior citizens.
SOLXYZ CO., LTD. 