© Marubeni
Entertainment news website Variety reported last Thursday that the Japanese financial group Marubeni and Mizuho Securities are investing in the animation and manga industries.
According to news media reports, Marubeni Targeting the manga and anime market through new ventures Shogakukan. The two companies have formed a joint venture MarubeniIts paper products subsidiary Forest LinX is named MAG.NET Corp. Marubeni Forest LinX’s goal is to expand MAG.NET’s range of goods and services and expand overseas distribution, including establishing retail stores. Shogakukan Product supply for the new joint venture will be ensured.
Mizuho Securities revealed this month that it will launch an animation film fund. The brokerage said it aims to raise $15 million by the end of the year. It raises funds from institutions and wealthy individuals, with prices starting at 300 million yen (about $200,000) per person. Mizuho will partner with blockchain startups Questry and Royalty Bank to develop this business. The companies will then make a series of investments of up to $5 million per year in new Japanese animation projects. Mizuho Global Investment Banking Department Head Shuichiro Tomiuchi said in a Bloomberg report that he hopes to “create opportunities for third-party investment and accelerate the revitalization of the animation industry.”
Marubeni It is the 13th largest company in Japan. The company’s main investment industries are grain, chemical industry, paper making, etc.
Mizuho Securities is part of Mizuho Securities companyor business alliance.
Source: Variety (Patrick Frater)
