#Japan #Tokyo #funding #Mizuho Bank #Mikimori Corp

Mikimori Corporation's Landmark Funding Deal

On April 26, 2023, Mikimori Corporation, a Tokyo-based diversified business conglomerate, announced a major milestone in its growth journey. The company has secured a significant funding commitment of ¥4.5 billion (approximately $31 million) from Mizuho Bank, which will act as the sole arranger for this financing.

Background of the Funding Arrangement

Mikimori has been strategically diversifying its business portfolio to include global distribution, real estate development, and energy infrastructure. This latest funding deal, facilitated solely by Mizuho Bank, underscores the strong financial foundation and successful track record of Mikimori, which has been recognized by financial institutions.

The funds from this strategic partnership will primarily be allocated to enhance Mikimori's core competencies and facilitate aggressive investments in mergers and acquisitions (M&A) as well as new business developments. The company aims to achieve exponential growth through these initiatives.

Primary Uses of the Funds

Mikimori has outlined a clear strategy for the deployment of the newly secured capital, which includes:

1. Strengthening Global Distribution Networks: In an era of rapid changes in international markets, Mikimori plans to expand its inventory and bolster its logistics capabilities to capture a dominating market share.

2. Accelerating M&A and Alliances: The funds will also be instrumental in acquiring companies or forming capital partnerships, both domestically and internationally, that align well with Mikimori’s business interests.

3. Investing in New Business Developments: The company intends to channel its resources into energy projects, including grid energy storage systems, and new development initiatives within its real estate sector and asset solutions business.

Future Outlook

Mikimori aims to evolve into a conglomerate that fuses distribution, real estate, and energy to create a sustainable society and maximize corporate value. With the robust partnership with Mizuho Bank, Mikimori is well-positioned to capitalize on its liquid funds to expand its business operations significantly.

About Mikimori Corporation

Founded in April 2014 in Chiyoda, Tokyo, Mikimori Corporation is a comprehensive business entity that specializes in a variety of sectors including:

• - Distribution of electronic goods, luxury watches, and health foods.
• - Distribution of smartphones and mobile devices.
• - E-commerce operations.
• - Implementation of electronic payment systems including Alipay and WeChat Pay.
• - Real estate rental, development projects, and asset solutions.
• - Development of grid battery systems.

For further information about Mikimori Corporation, you can visit their official website: Mikimori Corporation.

Company Contact Information

For more details on this funding announcement, please contact Mikimori’s PR team at:

• - Email: [email protected]
• - Phone: 03-6279-0000

As Mikimori continues to secure vital funding and expand its portfolio, the industry will be watching to see how these strategic movements unfold in the global marketplace.