TOP CULTURE Co.,Ltd. announced that it has received ¥2.1 billion in funding from DaI Co., Ltd, Development Bank of Japan Inc., Culture Convenience Club Co., Ltd.
August 30, 2021
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On August 31, 2021, TOP CULTURE Co.,Ltd. closed the transaction. The company's capital will reduced by ¥1,050,000,000 from ¥3,057,370,000 to ¥2,007,370,000 post transaction. The company's capital reserve will reduced by ¥3,353,691,500 from ¥3,353,691,500 post transaction.
TOP CULTURE Co., Ltd. is a company mainly engaged in the operation of retail business. The Company operates in four business segments. The Tsutaya Bookstore segment is mainly involved in the operation of large-scale complex stores under the name Tsutaya Bookstore which primarily engages in the sale of books, stationery, compact discs (CDs) and digital versatile discs (DVDs), as well as the rental of CDs and DVDs. The Sports-related segment includes soccer clubs and soccer schools, as well as planning and management of sports facilities. The Home Visit Nursing segment operates a home-visit nursing station for the brain and heart, and conducts home-visit nursing business focusing on mental illness and dementia. The Others segment engages in sale of used books, music and video software, game consoles and game software, as well as operation of Top Books in Used Books stores.
TOP CULTURE Co.,Ltd. announced that it has received ¥2.1 billion in funding from DaI Co., Ltd, Development Bank of Japan Inc., Culture Convenience Club Co., Ltd.