Investor Relations

Announcement of business and capital alliance and issuance of new shares by way of third-party allotment

Date : 02/28/2019 15:24 (JST) Category : Investor Relations

At the Board of Directors meeting on February 14, 2019, we resolved issuance of new shares by way of third-party allotment to SATT, Inc. which is a company specialized in e-learning in Sundai Group, and entered into a business and capital alliance.

Three years have passed since we started to do business with SATT, and the educational environment of “manabeat” provided by SATT is one of the platform services currently we expand.

“Manabeat” is a learning management system (LMS) of information and communication technology (ICT) education and e-learning, which is utilizing Sundai’s educational know-hows of past 100 years and the latest technology, to pursue ease of use. We take advantage of the system to educate our homeworkers.

As a result, the educational environment for each content such as security, enhancement of engineering skills and management skills has been established, and we could improve our homeworkers’ customer responsiveness, general business etiquette, and literacy in security measures within a short period.

In addition to manufacturing (system development) of e-learning tools sold by SATT, we undertake the operations of its customer support and FAQ, production of operation manuals and so on.

Not only the many benefits for both SATT and us, also we agreed to cooperate in aiming to improve the convenience for companies and consumers who use the service.

SATT, Inc.

8F, Suidobashi Bldg., 1-13-12 Kandamisakicho, Chiyoda-ku, Tokyo 101-0061, Japan
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