Torico Co., Ltd. announced that it has received ¥160 million in funding from Japan Asia Investment Co. Ltd., Mitsubishi UFJ Capital Co. Ltd., Voyage Ventures, Inc.
March 10, 2016 at 10:30 am IST
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TORICO Co., Ltd. announced that it has received ¥160 million in an equity round of funding on March 10, 2016. The transaction included participation from Mitsubishi UFJ Capital Co., Ltd., Japan Asia Investment Co., Ltd. and Voyage Ventures, Inc. The transaction is by way of third party capital increase in the company.
Torico Co Ltd is a Japan-based company mainly engaged in the manga business. The Company provides electronic commerce (EC) services, digital comic distribution services, and event services. The EC service operates online bookstores with different user groups and concepts, including Manga whole volume dot com (online bookstore specializing in comic whole volume set), Horin Love Books (online bookstore for women), and Manga King (online bookstore for men). The digital comic distribution service operates the domestic digital comic distribution service Skima and the overseas digital comic distribution service MANGA.CLUB, and edits and publishes its own original manga works. Through the event Manga Exhibition held at its own store, the event service provides manga fans with new opportunities for fun that cannot be accommodated by just browsing manga.
Torico Co., Ltd. announced that it has received ¥160 million in funding from Japan Asia Investment Co. Ltd., Mitsubishi UFJ Capital Co. Ltd., Voyage Ventures, Inc.