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2021.09.30

TENTIAL, a lifestyle proposal trading company TOYOSHIMA× Wellness Company Underwriting of Third-Party Allotment of Shares and Business Alliance

Press ReleaseCVCCorporate
Toyoshima & Co., Ltd. (President & CEO: Hanshichi Toyoshima, Nagoya City Naka-ku Through CVC operated by the company, TENTIAL Co., Ltd. (Representative Director: Yutaro Nakanishi, Jingumae, Shibuya-ku), which practices manufacturing of high-performance products for daily use using the D2C model, has underwritten a third-party allotment of shares. In addition, we have formed a business alliance in product development and will develop products that combine the strengths of both companies in the future.



Toyoshima & Co., Ltd. Mizuho is engaged in a series of processes from the purchase and sale of raw materials, yarns, and fabrics from all over the world, to the planning and production of final products, and is comprehensively developing business in all processes of the fashion industry. In a world where 5G and ICT are spreading and Society 5.0 is being promoted, we are looking for what we can provide to society, and since 2017, we have invested in venture companies that possess the latest technologies from the CVC Fund.

With the vision of "creating a world-leading wellness company by circulating sports and health," TENTIAL Co., Ltd. quickly grasps sports information, technology, and customer feedback cultivated through the operation of sports how-to media, and practices manufacturing of high-performance products for daily use using the D2C (Direct to Consumer) model. We develop and manufacture insoles, recovery wear based on the concept of body conditioning, masks, proteins, bath salts, etc., and are expanding them in Japan. In the future, we aim to build an ecosystem that gives back to the fields of preventive medicine and wellness.


■Background of third-party allotment of shares and business alliance
In June 2021, we combined our expertise in functional fibers with TENTIAL Co., Ltd.'s knowledge of product marketing utilizing big data in media to develop hit products such as the recovery sleepwear "BAKUNE" series and sell them on crowdfunding sites, achieving support purchases of approximately 9 million yen. In addition, we have been selling the new products "HARAMAKI" and "EYEMASK" since August.

Following this, in September, TENTIAL Co., Ltd. undertook a third-party allotment of new shares. In addition, with the conclusion of this business alliance, we will combine our upstream, midstream, and downstream fiber networks with TENTIAL's expertise in product planning and marketing know-how that captures consumer needs, and aim to solve more issues in the wellness field by improving the accuracy and speed of development while complementing and strengthening each other more closely.




■ TENTIAL Co., Ltd. Comment from the person in charge
We are very happy to collaborate with TOYOSHIMA, a textile specialist with a history of 180 years. We believe that by circulating sports and health, we can lead the world in wellness. Through this partnership, we will promote business creation so that we can deliver the true value of TENTIAL to many people.


■ TENTIAL Co., Ltd.
Company Profile
corporate site https://corp.tential.jp/
Date of establishment February 2018
capital 292,372,400 yen
representative Yutaro Nakanishi
location 2-16-5 Jingumae, Shibuya-ku, Tokyo 150-0001
member organizations "IoT Acceleration Consortium" (sponsored by the Ministry of Economy, Trade and Industry)
"FUN+WALK PROJECT" (sponsored by the Japan Sports Agency)
"Sport in Life" (sponsored by the Japan Sports Agency)
"Tokyo Sports Promotion Company" (sponsored by the Tokyo Metropolitan Government)
"Sports Yell Company" (sponsored by the Japan Sports Agency)
Business content “SPOSHIRU” https://sposhiru.com/
“TENTIAL” https://tential.jp/
Appearance history Participated in Japan's largest acceleration event "IncubateCamp 11th"
"SPORTSTECH TOKYO" Participant 150 selected from 33 countries around the world
Selected for Forbes JAPAN "Rising Star Community"
Toyo Keizai "Amazing Venture 100 2021" selected
 


■Toyoshima & Co., Ltd.
Founded in 1841. In our 180-year history, we have expanded our business domain in response to the changing times. Currently, we are engaged in a series of processes from purchasing and selling raw materials, yarns, and fabrics from all over the world, and planning of final products to production management and delivery, and are developing comprehensive business in all processes of the fashion industry. In addition, as a company that proposes a sustainable lifestyle, we are developing and providing various sustainable materials, investing in tech ventures, and promoting the development of smart wear. Since 2019, we have adopted "MY WILL" as our statement to express our commitment to sustainability & technology.
https://www.toyoshima.co.jp/

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