iXs welcomes 2 new shareholders along with additional share acquisition from existing shareholders
～Accelerating the business growth～

　iXs Co., Ltd. (Co-CEOs: Fuminori Yamasaki and Takashi Karino; “iXs”) has welcomed two major operating companies that represent the social and industrial infrastructure field as its new shareholders. They are The Chugoku Electric Power Co., Inc., and Kyushu Electric Power Company, Incorporated. (The amount invested by each company is undisclosed.) In addition, its existing shareholders, Sony Innovation Fund and Yokohama Capital Co., Ltd. have obtained additional shares. (The amount invested by each company is undisclosed.) By strengthening its business tie-ups with The Chugoku Electric Power Co., Inc., and Kyushu Electric Power Company, Incorporated, iXs continues to contribute to both the promotion of digital transformation for the social and industrial infrastructure in each region and the implementation of its every solution that integrates robot technology x AI/XR technology x 3D technology into society.

■Comments from each company
・Mr. Takeshi Nakamura The Chugoku Electric Power Co., Inc. General Manager, Energia Creative Lab Corporate Planning Division Since April 2020, our company has been investing in start-ups which have advanced products and services that will lead to solving regional issues, as well as promoting cooperative creation with our investee companies.We have decided to invest in iXs because we are impressed by its commitment to realizing DX in the maintenance and management of social and industrial infrastructure. We look forward to working together with iXs to realize DX in the infrastructure field in the Chugoku Region, while utilizing their technology in our group.
The Chugoku Electric Power Co., Inc. Website：https://www.energia.co.jp/e/index.html

・Mr. Yu Yonemura Kyushu Electric Power Company, Incorporated INNOVATION GROUP TECHNICAL SOLUTION HEADQUARTERS The social and industrial infrastructure in Japan is confronting challenges such as deteriorating facilities, a labor shortage due to the declining birthrate, aging society, and shrinking population, as well as disasters that have become more frequent and more extreme. We are confident that iXs’ expertise in robots, BIM, and other solutions will help overcome these issues. Going forward, we will continue to supply reasonably priced, high-quality energy sources through our business partnership with iXs, with the aim of realizing sustainable society in Kyushu, a region with longstanding issues to be addressed.
Kyushu Electric Power Company, Incorporated Website：https://www.kyuden.co.jp/english_index.html

・Mr. Gen Tsuchikawa Sony Ventures Corporation CEO iXs has been successfully expanding its business to contribute to the digital transformation of social and industrial infrastructure with its cutting-edge technology consisting of “Robot x AI/XR x 3D data linkage”. Sony R&D Center and iXs have been actively engaged in the joint development projects with the aim of further utilization of robots. We have made this decision to acquire additional shares of iXs, which is a highly ESG-conscious company, with an expectation of its long-term corporate growth.

・Mr. Hidetaka Fujita Yokohama Capital Co., Ltd Investment Department The increasing demand for maintenance and renewal of social and industrial infrastructure, as well as the need for digitalization and streamlining, is now such a pressing issue in this highly matured society of Japan. iXs is a leading company that can deliver optimal solutions to these problems utilizing both hardware and software. We also feel a strong sympathy that the company has flourished in our hometown of Kanagawa. The Bank of Yokohama Group will continue to support iXs.　　
Website：https://yokohama-capital.co.jp/

For inquiries, please contact,
iXs Co., Ltd. Kawasaki Business Incubation Center AIRBIC 2F Room A32
7-7 Shinkawasaki, Saiwai-ku, Kawasaki-City, Kanagawa 212-0032 Japan
TEL：+81-44-589-1500
Inquiry Form：https://www.ixs.co.jp/inquiry_en