News

JIC Venture Growth Investments, through its JIC Venture Growth Fund 1, has acquired additional shares in KOMPEITO, Inc. (KOMPEITO), a company providing a healthy food delivery service to offices.

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KOMPEITO offers a healthy foods delivery service, mainly salads and cut fruit, to offices called “OFFICE DE YASAI.” It is introduced to offices through companies’ benefit systems, allowing employees to purchase KOMPEITO’s products at more affordable prices compared to convenience stores and grocery stores. KOMPEITO’s service has become popular among companies which focus on Health and Productivity Management (H&PM), a concept that considers strategic efforts to maintain and promote employee health, understanding they are investments to enhance the profitability from the view of business management.

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VGI aims to support the health of office workers through its investments in KOMPEITO because its service supports employees working night shifts and irregular working environments, or employees working at offices without a cafeteria or located far from restaurants.

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In addition, this investment supports efforts to promote “local production for local consumption.” KOMPEITO has strengthened its service by delivering foods produced locally to local offices working together with regional financial institutions and regional logistic companies by building its own logistics bases. Finally, KOMPEITO engages in reducing food loss by developing menu such as a soup made from steams and leaves from vegetables working together with the Japan Agricultural Cooperatives Group. All of these activities are linked to activate Japan’s regional economic ecosystems.

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With VGI’s investments, KOMPEITO will focus on accelerating its expansion into local cities, as well as developing its services overseas.

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_{The information contained in this notice is current at the time of publication and subject to change without notice.}