Detailed Description of Portfolio Companies of Fund III

Factory Japan Group Co., Ltd.

Features FJG has grown to be a major Japanese-style chiropractic service provider with over 200 salons nationwide only in 15 years from its inception offering its proprietary massotherapy called “AP Balance”, under “Karada Factory” as flagship brand. By spending a significant amount of resources for therapist training to secure many quality therapists, FJG has succeeded in differentiating itself from other quick massage salons and building a unique brand in the industry. Recently FJG has started operations in Asia which would lead to future growth opportunities.
Investment Pattern Business Succession
Acquisition of the owner’s share
Investment Theme FJG is aiming to achieve Business Model Innovation and secure the No.1 position in the segment by streamlining the organizational management and control structure to promote organic business growth, business portfolio diversification and overseas expansion swiftly and simultaneously.

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