--Seeking to help resolve some of the issues facing a super-aging society--
NIPPON EXPRESS HOLDINGS, INC. (President: Satoshi Horikiri) on March 29 acquired a stake in famitra Inc. (hereinafter, "famitra"), a provider of DX-driven family trust (*1) services, as an investment for the NX Global Innovation Fund.
■ Profile of famitra Inc.
famitra is a start-up company offering services that streamline family trust procedures and thereby prevent assets from being frozen due to dementia or other causes. As a concierge for an era of century-long lifespans, famitra is striving to "make family trusts the norm" and to help families throughout Japan attain happiness and peace of mind in their own ways. It is pursuing the commoditization of family trusts by providing IT-streamlined family trust services as an "AgeTech" company (*2).■ Investment background and objectives
The number of dementia patients in Japan is rising, and measures to prevent assets from being frozen have become a social issue as the country rapidly transforms into a super-aged society. Given such circumstances, family trusts, through which asset holders give over to trusted family members the power to manage and dispose of their assets, will likely become a routine option in keeping assets from being frozen due to dementia.The NX Group will continue tackling social issues through business co-creation with startup companies in Japan and overseas and helping realize sustainable societies where all people can lead affluent and fulfilling lives.
■ Profile of investee
| Company name | famitra Inc. |
|---|---|
| Head office location | 2F incube, Sumitomo Fudosan Roppongi-dori Building, Roppongi 7-18-18, Minato-ku, Tokyo |
| Year established | 2019 |
| Representative | Katsuhito Mihashi |
| Capital | 100 million yen |
| Number of employees | 46 |
| Business description | Marketing and consulting for civil trusts (family trusts), operation of "famitra" |
| Website | https://www.famitra.jp/ |
*1: A system whereby asset holders entrust the management and disposal of their real estate, savings, and other assets to trusted family members for a specific purpose (e.g., "management and provision of necessary living/nursing care funds in old age")
*2: A term coined by combining the words "Age" and "Technology"; AgeTech companies utilize new technologies to provide services and support to the elderly from a variety of perspectives
