Corporate News
We are pleased to announce that the Mitsui & Co. Principal Investment Fund, managed by Mitsui & Co. Principal Investments Ltd. (Headquarters: Chiyoda-ku, Tokyo; President: Nobuyuki Goto; hereinafter "MCPI"), a subsidiary of Mitsui & Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; President and CEO: Tatsuo Yasunaga; hereinafter "Mitsui & Co."), has reached an agreement to acquire a stake in Landscape Co., Ltd. (Headquarters: Shinjuku-ku, Tokyo; Representative Director and Chairman: Nami Fukutomi; hereinafter "Landscape") and has completed the transaction.
Landscape is a corporate group that maintains one of Japan's largest databases and provides services that support sales efficiency and growth for client companies. Its business establishment database, "LBC," contains 8.2 million corporate records, covering 99.7% of domestic business locations, and is characterized by its ability to maintain group information, including capital relationships and head office-branch office connections. Furthermore, the company offers "uSonar," a customer data integration tool powered by LBC. By utilizing the expansion option "Meishi Sonar," a business card management application, it is possible to link individual contact names to the 8.2 million corporate records. Through integration with clients' existing SFA and MA tools, the services provided by Landscape consolidate scattered customer information within a company, visualize white space and priority sales targets, and support B2B marketing for client companies.
MCPI will leverage the Mitsui & Co. Group's network, expertise in the IT industry, and management improvement skills to support Landscape's further growth and the strengthening of its management foundation by enhancing its sales capabilities. In addition to appointing a non-executive director, MCPI plans to dispatch personnel to the field to support the enhancement of Landscape's corporate value.
Nami Fukutomi, the founder who built Landscape's business, will continue her involvement as Representative Director and Chairman and as a shareholder. Together, Nami Fukutomi, the company's officers and employees, and MCPI will accelerate future growth with the goal of a future public listing for Landscape.
Established in 2003 as the private equity investment arm of the globally networked Mitsui & Co. Group, MCPI conducts investment activities under the slogan of "Challenge and Innovation." MCPI is characterized by: (1) creating corporate value by leveraging the Mitsui & Co. network, (2) providing management support through the dispatch of personnel to the field, and (3) employing a flexible investment style. The company conducts investments accompanied by management improvement support for both domestic and international companies.
