Matsuri Technologies Strengthens Growth with Institutional Investment from Crossover Funds

Matsuri Technologies Welcomes Institutional Investors

Matsuri Technologies, based in Shinjuku, Tokyo, operates a software-driven solution called "StayX" aimed at maximizing the value of spaces. Recently, the company announced that it has welcomed crossover investors like Asset Management One and Sumitomo Mitsui Trust Asset Management, who have acquired shares in the company. Additionally, existing investor Vertex Ventures SEA Fund V Pte. Ltd. has also increased its stake in Matsuri Technologies. It's important to note that these acquisitions took place through the transfer of shares from current investors and did not involve new share issuance.

Background and Future Prospects of Institutional Investment

With the number of inbound tourists to Japan expected to reach record highs in 2024, the demand for accommodations is on the rise. Matsuri Technologies has been focusing on connecting spaces and guests through its StayX solution. This strategy has led to significant results, with last year's operating revenue exceeding 7.5 billion yen and the number of operational units surpassing 3,000, indicating steady business expansion.

Previously reliant on venture capital, Matsuri Technologies aims for sustainable growth through long-term investment strategies. The inclusion of Japan's leading institutional investors, Asset Management One and Sumitomo Mitsui TAM—who have launched crossover funds—marks a pivotal step in this journey. The company is committed to meeting the growth expectations of its investors while providing innovative new infrastructures in the hospitality sector.

Crossover Investors' Comments

- Shozo Tahara, Asset Management One:

"We are genuinely pleased to participate as shareholders in Matsuri Technologies. In today’s rapidly changing societal landscape, continuously creating new value is undoubtedly a challenging task. Nonetheless, we are impressed with Matsuri Technologies' unwavering commitment to in-house development and their dedication to refining their operations. We expect them to continue delivering valuable innovations globally, and we will strive to contribute to their growth."

- Nobuyuki Yamazaki, Sumitomo Mitsui Trust Asset Management:

"This is our fund's first secondary transaction under the crossover strategy. Our focus is on sustainable growth of listed companies as well as promising unlisted ones. We believe that the technology provided by Matsuri Technologies will become a significant solution in the labor-intensive hospitality industry, enabling better utilization of existing assets across Japan, which is why we decided to invest."

What is StayX?

StayX is a solution centered on software that maximizes the value of spaces. It allows for flexible transformations of a single space to cater to various uses. For instance, a rental property that could only be leased over two years can be converted to operate in nightly stays or short-term rentals for one month.

Matsuri Technologies' software covers all aspects of business operations, including online customer acquisition, real-time inventory management, pricing adjustments, and AI-driven management of cleaning staff. This technology enables unmanned operations, tackling labor shortages caused by declining populations and creating a new social infrastructure that delivers necessary spaces to those who need them.

Official Website

StayX Official Site

Company Overview: Matsuri Technologies

- Headquarters: 4-8-1 Kagurazaka, Shinjuku, Tokyo, 162-0825, Japan
- Business Activities: Information Communication, Software Development, Residential Accommodation, Real Estate Leasing
- CEO: Keita Yoshida
- Founded: August 2016
- Capital: 100 million yen (as of February 2025)
- URL: Matsuri Technologies

Press Release and Inquiries

For press releases and interview requests, please contact:
Matsuri Technologies
Phone: 03-6228-0440 / Fax: 03-6228-0450
Email: [email protected]

Please note that estimates, forecasts, and opinions in this press release concerning future events are not guaranteed to match actual outcomes.