Isetan Mitsukoshi Holdings
3-14-1 Shinjuku, Shinjuku-ku, Tokyo, 160-0022, Japan
Overview
Isetan Mitsukoshi Holdings Ltd. is a Japan-based holding company mainly engaged in department store business. The Company has five business segments. The Department Store segment is engaged in the operation of general department stores in Japan domestic markets and overseas markets. The Credit, Finance and Association of Friends segment is involved in businesses related to credit card, money lending, nonlife and life insurance agency, among others. The Retail and Special Store segment is engaged in the sale of women’s clothing, the manufacture of food and the operation of super markets. The Real Estate segment is engaged in the leasing, management and maintenance of real estate. The Others segment is involved in businesses related to manufacturing, import and export, wholesale, logistics, human resources, as well as information processing services, among others.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Marketing
Investment portfolio
- Money Forward
Led · Series D · Oct 2016
Money Forward is a Tokyo-based fintech that provides personal financial management tools and a cloud-based accounting software service. Its core products center on helping individuals manage finances and offering cloud accounting to customers. The company raised approximately $11 million in a Series D funding round. The round was led by Mizuho Capital and Isetan Mitsukoshi Holdings, with participation from Fenox Venture Capital and Toho Bank. Money Forward says it will use the proceeds to continue expanding its operations. MoneyForward provides online tools for individuals and companies to manage finances and expenses. The company recently launched a cloud-based payroll service targeting small and medium-sized enterprises. It reports over 2.5 million users on its personal finance product and over 400,000 users on the enterprise side, and employs more than 100 people. Clients include Japanese banks such as SBI Sumishin Net Bank and Yamaguchi Financial Group. MoneyForward intends to use newly raised funds to continue developing its product offerings. The company is focused on expanding its cloud services for both consumers and businesses.
Team
No current team members are available.