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HIS Invests Additional 568 Million Yen in Satoyume

In a significant move towards bolstering regional revitalization initiatives, H.I.S. Co., Ltd. (HIS), based in Minato-ku, Tokyo, has officially revealed a new round of funding amounting to 568 million yen targeted at Satoyume Co., Ltd., which specializes in producing businesses dedicated to revitalizing local communities in Japan. This financial venture comes as part of HIS's ongoing commitment to support regional development projects, as they collaborate closely with Satoyume, known for its extensive experience in the field.

Overview of Satoyume

Satoyume, headquartered in Chiyoda-ku, Tokyo, has been at the forefront of local revitalization efforts since its establishment on April 17, 2012. The company provides tailored consulting services to various regions, ranging from the planning and execution of developmental projects to the operational management of these initiatives. With a capital base of approximately 196 million yen, Satoyume’s mission has been to strengthen local economies by harnessing regional resources, thereby fostering sustainable development across over 50 areas nationwide.

Strategic Partnership & Funding Details

This recent investment comes on the heels of a previous capital and business alliance initiated by HIS in July 2024. As part of their collaborative effort, both companies launched the “Destination Create Project,” aimed at generating new travel destinations. The partnership also emphasizes the deployment of HIS personnel to collaborate with local governments under comprehensive cooperative agreements, thus directly contributing to community revitalization efforts across various regions.

The investment from HIS includes taking over a portion of common stock through a third-party allocation increase by Satoyume. The goal of this partnership is to deepen the collaborative relationship, utilizing Satoyume’s consultancy expertise combined with HIS’s vast resources, human capital, and network to provide comprehensive support in everything from tourism planning to commissioned projects.

Currently, HIS has established cooperative agreements with ten regions, enabling both parties to dispatch personnel through a program aimed at enhancing regional revitalization. Their efforts include uncovering local resources, commercializing tourism content, and collaboratively developing sustainable tourism models that elevate the value of local tourist assets, thereby expanding recognition and stimulating local economies.

Commitment to Sustainable Solutions

Both HIS and Satoyume are committed to addressing various challenges faced by these communities with sustainable and practical solutions. By fostering the “earning power” of regional economies, this partnership aligns itself with broader goals of Japan’s regional revitalization strategy. Their combined initiatives not only aim to increase the visibility of local tourism resources but also contribute significantly to the revitalization of Japan's economy by improving the overall quality of life for local residents.

For more information about Satoyume, visit Satoyume's Official Website. As this partnership progresses, both companies anticipate launching more projects that engage local populations and draw attention to Japan's rich cultural heritage while paving the way for a more sustainable future in tourism and regional development.