NEW STANDARD Inc. announced that it expects to receive funding from X-tech Management Co., Ltd., TOPPAN Holdings Inc., Sony Ventures Corporation, Dentsu Ventures
July 17, 2023
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NEW STANDARD Inc. announced a private placement to issue shares on July 18, 2023. The company will issue common shares in the transaction. The transaction included participation from new investors Kyoto University of the Arts Art and Business No.
1 Fund, a fund managed by X-tech Management Co., Ltd., Toppan Inc., Sony Ventures Corporation, and returning investor Dentsu Ventures.
Toppan Inc. (formerly Toppan Printing Co., Ltd.) specializes in printing services. Net sales break down by activity as follows:
- information and communication media printing (57.6%): smart cards, identity authentication systems, commercial forms, labels, booklets, manuals, lottery tickets, brochures, calendars, books, dictionaries, magazines, catalogs, etc.;
- packaging and industrial materials printing (28.2%): food packaging, card boxes, papers, interior decoration materials, etc.;
- manufacturing of electronic materials (14.2%): semiconductors, filters and antireflection for screens films, etc.
Net sales are distributed geographically as follows: Japan (72.1%), Asia (15.9%) and other (12%).
NEW STANDARD Inc. announced that it expects to receive funding from X-tech Management Co., Ltd., TOPPAN Holdings Inc., Sony Ventures Corporation, Dentsu Ventures
TOPPAN INC. 
