|By Business Wire||
|June 3, 2014 02:00 PM EDT||
Yahoo Japan Corporation (hereinafter Yahoo! JAPAN) announced today the establishment and the start of business of its wholly-owned US-based subsidiary, YJ America, Inc. (*1) (hereinafter YJ America). YJ America aims to support promising US start-ups and potential internet services expanding into the Japan market.
In US, mainly in Silicon Valley, more and more internet-related
start-ups incorporated by small groups of young entrepreneurs are
emerging. We often see these kinds of start-ups expanding their business
globally without limiting themselves within the borders of a country.
However, when expanding into the Japan market, it is difficult to succeed single-handedly as it is a market with unique trade practices and a legal system for business different from that of US.
While identifying promising local start-ups and potential internet
services early on, YJ America will offer full support to those who seek
to expand and succeed in Japan by leveraging Yahoo! JAPAN’s years of
experience, knowledge and assets acquired within the Japanese internet
Also, by leveraging Japan’s leading internet portal site “Yahoo! JAPAN” and its outstanding ability to attract users, and by recognizing those promising start-ups as business partners, YJ America aims to maximize the synergy between all parties.
YJ America also plans to support Japanese start-ups and internet services expanding into the US market in the near future.
Overview of YJ America
|1||Company Name :||
YJ America, Inc. doing business in CA as YJ America Business Accelerator, Inc.（*1）
|2||Address : Seattle, Washington (Head Office); California (Branch Office)|
|3||Organizational Structure :||
President Koji Sakamoto
|Vice President Ryu Hirayama|
|Vice President Naoya Bessho|
|Vice President Norifumi Matsuya|
|4||Type of Business Organization : Wholly-owned subsidiary of Yahoo Japan Corporation|
|5||Main Business :|
・Identify promising US start-ups and potential internet services
・Consulting service for US companies expanding into the Japan market (*2)
|*1||The official company name is YJ America, Inc. However, the company will carry out its business activities in California as YJ America Business Accelerator, Inc.|
|*2||While based in the west coast area where San Francisco and Silicon Valley are located, YJ America will offer US start-ups and potential internet services business support and consulting service mainly on internet advertising, e-commerce, and smartphone apps catered to the Japan market.|
[About Yahoo! JAPAN]
Yahoo Japan Corporation (Share Listings: TSE 1st Section, Code No.: 4689; Head Office: Minato Ward, Tokyo; Established: January 31, 1996; President and CEO: Manabu Miyasaka）operates Japan’s largest internet portal site “Yahoo! JAPAN” which offers an ever-expanding range of useful, cutting-edge services and generates a large traffic of approximately 60 billion monthly page views. The largest shareholder is Softbank Corp. Yahoo! JAPAN is fully committed to continue providing solutions for the people and society with IT, as a “problem-solving engine”.
For more information about Yahoo! JAPAN, visit http://www.yahoo.co.jp/
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