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Company Introduction

Make a smile with the power of people and technology to cheer the world

A startup founded in 2014 by Mr. Morikawa, who is also known as the president of LINE, under the vision of “creating video media to expand to the world and delivering power from Japan to the world.” The company develops and operates C CHANNEL, a video service for women. This service is a one-way way way based on the theme of make-up, hair Arange, recipes, etc.The video is characterized by its features. The service target was women aged 20 to 35 years and became recognized as Japan's largest video media for women in a few years since the launch of the service. In the video market that attracts attention against increased speed and capacity, the video market has rapidly gained a number of users and has seen a rapid growth of more than 600 million video views per month in a year and a half since the launch in 2015. We are also actively expanding globally, and we have already released English, Chinese, Thai and Korean versions. “C CHANNEL” for the first three years, receiving many voices for women after life events such as marriage and childbirth, started “mama +” video media for moms. After pre-opening on SNS from January 24, 2018, the number of followers is increasing steadily. In June 2019, the company was adopted by J-Startup and will continue to expand its services and expand overseas.

Service

* Information is obtained from the official website of the business.

* The game business companies display three major services.

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Finance Information

Merged

Information of Estimated Market Capitalization

How to calculate Market Capitalization

Although the information contained in the registered copy obtained by the Company is calculated as a reference value, the Company does not guarantee the accuracy, reliability, or completeness of this information, and any damages incurred based on this information.We are not responsible for this.

Estimated Market Capitalization Registered date of Registration Certification
19,473M Yen 2019.07.03

Funding Rounds and Amounts

Icon Definition

Rights Offering

Loan

ICO

Crowdfunding

Subsidy

Bond

Other

Total Funding Amount
7,372M Yen
Funding Date Money Raised Lead Investor Investor Remarks
11.05.18 -M Yen - Legend Capital / DREAM INCUBATOR -
30.03.18 -M Yen - MITSUI SUMITOMO INSURANCE Venture Capital -
28.04.16 -M Yen - Tokyo Broadcasting System Holdings hundreds of millions of yen
01.03.16 -M Yen - JAFCO Funding Amount Undisclosed / Date unknown (determined by year and month)
10.04.15 500M Yen - B Dash Ventures / GMO Venture Partners / MAK Corporation / istyle / ASOBISYSTEM / GREE / Nexyz / Rakuten -
- -M Yen - Nippon Venture Capital Funding Date, Funding Amount Not Published
- 5,005M Yen - Series C, Funding Date, Funding Amount Undisclosed
- 1,867M Yen - Series B, Funding Date, Funding Amount Undisclosed

Financial Closing Information

Fiscal Year End Accounting Method Settlement Method Sales Operating Income Ordinary Income Retained Earnings Net Income
31.03.19 JapaneseStandard Independent 1,831M Yen -1,565M Yen -1,562M Yen -6,384M Yen -1,679M Yen
31.03.18 JapaneseStandard Independent 1,254M Yen -2,116M Yen -2,202M Yen -4,705M Yen -4,705M Yen
01.03.17 JapaneseStandard Independent 529M Yen -1,870M Yen -M Yen -M Yen -M Yen
31.03.16 JapaneseStandard Independent -M Yen -M Yen -M Yen -582M Yen -575M Yen
29.06.15 JapaneseStandard Independent -M Yen -M Yen -M Yen -7M Yen -7M Yen

Stock Market Information

Listing Date Stock Market PER Market Capitalization
31.03.19 Private Company - -M Yen

Status

Date Modified Type Remarks
31.03.19 Merged Merger to: maxim
Split-splitting

Board Members

Moriyama Ryo

Chairman and CEO

He joined Nippon Television Network after graduating from University of Tsukuba in 1989. He received an MBA at Aoyama Gakuin University Graduate School of International Politics and Economics 2000.He moved to Hangame Japan (currently LINE) in 2007 as President of the Company. We started LINE in 2011. In April 2013, the game business was separated and the company name was changed to LINE. At the same time, he assumed the position of President and Representative Director of the Company. He retired from the end of March 2015 and became an adviser to the company. Appointed President of C Channel since April 2015.

Ma Honhon

Directors CFO

July 1993 Graduated from Faculty of Economics, University of Malaysia, July 1993 Joined Price Waterhouse Accounting Office (currently PricewaterhouseCoopers Kuala Lumpur)1996 November Certified Public Accountant Registered in Malaysia 2001 March, University of Tsukuba Graduate School of Management and Policy Science Master's Course Completed 2001/October 2001 Joined Ogilvy & Mather Japan(Currently, Geometry Ogilvy Japan, “O & M Company”) May 2005 Joined Pacific Golf Management January 2006 O & M Company Rejoined Sep 2018 Saitama UniversityGraduate School of Humanities and Social Sciences Doctoral Course Completed (Business Administration)

Watanabe Koji

Director COO

March 1986, Gifu Prefectural Tajimi Kita High School Graduated from Rikkyo University Faculty of Economics Business Department 19904/4/Yomiuri Advertising Company joined 2004/July 2004Joined ZenithOptimedia, Group Planning Director, Beijing Office, China November 2006 Joined Group M Japan (formerly Mydshare Japan) 2009July: Appointment of Representative Director of the Company May 2018 Resigned as President of the Company Oct. 2018 C Channel COO

Ono Kunitomo

Executive officer

Kurata Shinya

Executive officer

Koinuma Yoshiaki

Executive officer

Kondo Yukiko

Executive officer

Niwa Ayumu

Executive officer

Shimba Jun

Outside Director

Paku Junson

Outside Director

Oshita Yasutaka

External Audit & Supervisory

Kanai Takashi

Outside Director

Ishii Tatsuo

Auditor

Ueno Toru

External Audit & Supervisory

Competitors

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MCS

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