#Japan #Tokyo #Booost #Sustainability ERP #One Capital

Booost Secures ¥700 Million in Series C Funding

Tokyo-based Booost Inc., known for its Sustainability ERP, has recently announced the completion of the first close of its Series C funding round with a total of ¥700 million, led by One Capital and Pronexus. This funding will increase the cumulative amount raised since its Series A round to ¥4.15 billion. The investment marks a strategic partnership with Pronexus, a leading player in disclosure services, aiming to create a robust infrastructure for integrated financial and non-financial reporting, pivotal for companies navigating their sustainability transformations.

Strategic Directions Post-Funding

The recent funding is not solely about financial support; it's a step towards deepening collaboration with Pronexus established back in September 2025. The partnership focuses on the following initiatives:
1. Joint Development of Integrated Disclosure Solutions
Together, both companies aim to develop a new integrated disclosure platform that aligns with the SSBJ standards. This involves high-level synergies between their systems, significantly enhancing the efficiency and capabilities of disclosure processes.
2. Leveraging Client Bases for Market Expansion
Booost's prominent market share in providing sustainability ERP solutions, combined with Pronexus's extensive client network comprising around 2,200 listed companies, positions them well to quickly deploy integrated disclosure solutions across their customer bases.
3. Collaborative Development of Sustainability Disclosure Services
Anticipating the evolving standards for sustainability disclosures, both firms plan to merge their expertise and AI technologies to enhance disclosure support services, thus improving the reporting process and boosting corporate value.

Tackling the SSBJ Standards

Starting from the fiscal year 2027, listed companies in the Prime market will be required to disclose both financial and non-financial information coherently according to the SSBJ standards. This requirement has brought to light several challenges within companies:

• - Increased burdens in disclosure processes
• - Connecting financial and non-financial data effectively
• - Enhancing communication with investors based on integrated information

Booost’s Sustainability ERP, aimed at solving these issues, has been adopted mainly by Prime market listed companies with a market cap of over ¥500 billion. The collaboration with Pronexus is expected to establish new standards for disclosure that meet increased investor demands while enhancing operational efficiencies.

Plans for Product and Team Expansion

Following this funding round, Booost aims to strengthen its initiatives dramatically in several key areas:
1. Enhancing Product Development
Focused on its flagship product, Booost Sustainability, the company will work on developing additional tools like Booost Impact for financial impact assessments and Booost Disclosure for multi-standard reporting requirements. Emphasis will also be placed on automating disclosure tasks through AI innovations to streamline operations.
2. Accelerating Joint Development Efforts
The joint development and market launch of the integrated disclosure platform with Pronexus will be prioritized, aiming to set new disclosure standards for Japanese enterprises.
3. Strengthening Talent Acquisition
To support its ambitious goals, Booost plans to recruit more professionals proficient in areas like AI development, sustainability disclosure, and international regulations. The idea is to combine technology with expert knowledge to integrate sustainability data into corporate management strategies effectively.

Insights from Investors

Yuta Shimizu, Partner at One Capital, expressed confidence in Booost's potential, highlighting its proven track record and robust growth over the past two years. As global regulations on sustainability reporting become stricter, Booost's approach to integrating non-financial information effectively positions the company to lead in this crucial market segment.

Takanori Ueno, President of Pronexus, shared that their collaboration with Booost will contribute to enhancing the quality of disclosures, aligning with the shifting regulatory landscape driven by the adoption of the SSBJ standards, thereby fostering greater corporate value.

Conclusion

As Booost moves forward with its recent funding, it aims to spearhead the evolution of sustainability disclosures in Japan, converting challenges into opportunities. With a commitment to addressing the sustainability 2026 issue—a term referencing the necessity for companies to prepare early for mandatory sustainability disclosures—Booost is determined to establish itself as a leader in promoting sustainability transformations within corporations across Japan. Through its innovative ERP platform, Booost is set to support organizations in realizing their sustainability goals efficiently and effectively, enhancing their global competitiveness in the era of heightened environmental accountability.