Corporate News
uSonar Co., Ltd. (Headquarters: Shinjuku-ku, Tokyo; Chairman: Nami Fukutomi; President: Katsuhito Nagatake; hereinafter referred to as "the Company") hereby announces that it has reached an agreement with Development Bank of Japan Inc. (Headquarters: Chiyoda-ku, Tokyo; President: Seiji Jige; hereinafter referred to as "DBJ") regarding capital participation by DBJ, and has completed the transaction related to said capital participation.
The Company builds and maintains one of Japan's largest corporate databases (containing information on 8.2 million business locations) and supports mid-to-large-sized enterprises in advancing and streamlining their database marketing and CRM operations.
By implementing our services, our clients can perform data cleansing based on unique codes and automatically update corporate information that changes daily, significantly improving the efficiency of corporate data management. Furthermore, by integrating our corporate database with CRM, SFA, and MA tools, clients can create effective targeting lists and identify promising prospects not currently in their possession. We also provide a business card management service based on this database.
As the importance of corporate data in sales and marketing activities continues to grow, our services—which enable data maintenance and the advancement of CRM functions based on one of Japan's largest corporate databases—serve to accelerate the digital transformation of our clients' sales and marketing operations.
Through the capital participation of DBJ, we anticipate an improvement in uSonar's creditworthiness and the stabilization of our capital base.
About Development Bank of Japan Inc. (DBJ)
As a government-owned financial institution, DBJ provides financial services across a wide range of industries, including real estate and infrastructure. Based on our corporate philosophy, "Designing the Future with Financial Expertise: Through the relentless exploration of financial frontiers, we solve the challenges faced by our clients and society to realize the sustainable development of Japan and the world," we contribute to the growth and development of the Japanese economy. By providing integrated investment and loan services, we actively support our clients' efforts to strengthen their competitiveness through the promotion of innovation.
