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2022.08.30

Underwriting of third-party allotment of shares of TradeWaltz Co., Ltd. which operates the trade information collaboration platform “TradeWaltz®”

Press ReleaseDXCorporate
Toyoshima & Co., Ltd. (President: Hanshichi Toyoshima, Naka-ku, Nagoya) is a trade information collaboration platform "TradeWaltz®" Trade Waltz Co., Ltd. (President: Hirohisa Kojima, Chiyoda-ku, Tokyo, below: Trade Waltz) underwrote a third-party allotment of new shares.

・About Trade Waltz                               

Aiming to fully digitize analog trade procedures between Japan and the world, Trade Waltz started its business in November 2020 with the joint investment of NTT Data Co., Ltd. and seven other companies. After that, in August 2021, we made joint investments by the University of Tokyo venture capital and two logistics companies + α, and with the support of the government, we are currently working as an industry-government-academia All Japan startup jointly funded by 10 companies.
TradeWaltz®, a trade information linkage platform born from the activities of the Japan Trade Consortium, has been proven in past demonstration tests to digitize the operations at hand of practitioners and create more than 44% operational efficiency. In April of this year, we released a "commercial version" of TradeWaltz, which has basic functions for export and import that reflect customer feedback, and the number of users who can pay service fees and use it for production business is gradually increasing.


・Investment background                                 

We are 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 of final products to production, and we are developing our business comprehensively in all processes of the fashion industry. Among them, the apparel trade has become enormous and complicated, such as the large number of samples and the need for declaration procedures for each item, and there is an urgent need to digitize and improve the efficiency of trade operations.
As a lifestyle trading company that makes proposals that help solve problems based on ICT, we will contribute to the DX of the entire industry and the provision of further value to consumers by spreading and promoting TradeWaltz throughout the fashion industry.



■Trade Waltz Inc.
Trade name: Tradewaltz Inc.
Representative: President Hirohisa Kojima
Location: 〒100-6036
3-2-5 Kasumigaseki, Chiyoda-ku, Tokyo Kasumigaseki Building 36F WORKSTYLING
Established: April 2020 (Reiwa 2)
Description of business: Provision of SaaS (Note) of the blockchain-based trade information linkage platform "TradeWaltz"
Number of employees: 44 (full-time)
URL  :https://www.tradewaltz.com
List of shareholders: NTT Data Co., Ltd., Toyota Tsusho Corporation, The University of Tokyo Collaborative Creation Platform Development Co., Ltd., Mitsubishi Corporation, TW Link Corporation, Tokio Marine & Nichido Fire Insurance Co., Ltd., Toyoshima & Co., Ltd. , Kamigumi Corporation, Fujitrans Corporation, Mitsui-Soko Holdings Co., Ltd., Nissin Corporation, MUFG Bank, Ltd., Mitsubishi Warehouse Co., Ltd., Sompo Japan Insurance Co., Ltd.

Note: Software as a Service is an abbreviation for a mechanism by which users use necessary software functions via the Internet.


■Toyoshima & Co., Ltd.
Founded in 1841. In our history of more than 180 years, 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 sustainable lifestyles, we develop and provide various sustainable and functional materials, invest in tech ventures, and promote the development of smart wear. Since 2019, we have adopted the "MY WILL" statement to express our commitment to sustainability, technology and materials.
 

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