Nyle, an investment company of the DIMENSION Fund, lists on Tokyo Stock Exchange Growth Market
DIMENSION Corporation (headquarters: Minato-ku, Tokyo; President and CEO: Takamitsu Miyaso; hereafter, DIMENSION) announces that Nyle Inc. (headquarters: Shinagawa-ku, Tokyo; President and CEO: Tobitaka Takahashi; hereafter, Nyle), an investment company of DIMENSION’s 1st Fund, was newly listed on the Tokyo Stock Exchange Growth Market yesterday.
Nyle is a company that operates in the automotive industry DX business and horizontal DX business. As part of its automotive industry DX business, since 2018 it has been running a subscription service called “Otoku ni Maicar: Teigaku Car Mo-kun” (bargain value my car: fixed-rate car motoring), where customers can lease new and used cars starting in the range of 10,000 yen per month. The total number of applicants has exceeded 200,000.
Starting from providing venture capital through making a lead investment in 2020, we have been supporting the realization of Nyle’s mission, “Happiness for future generations.”
Additionally, Nyle marks the third company from DIMENSION’s 1st Fund and the 35th overall listing when combined with investments from incubation companies originating from DIMENSION.
DIMENSION will continue to advance investments in and provide support to entrepreneurs who are dedicated and sincere in their management efforts.
For details regarding this listing, please refer to the information released by Nyle below.
Press release:
https://prtimes.jp/main/html/rd/p/000000468.000055900.html
Business plan and outline of growth potential:
https://www.release.tdnet.info/inbs/140120231219505236.pdf
■ Nyle Corporation (https://nyle.co.jp/)
Representative: Tobitaka Takahashi, President and CEO
Location: 1-24-2 Higashi-Gotanda, Shinagawa-ku, Tokyo
Established: January 15, 2007
Business: Automotive industry DX business, horizontal DX business
■ DIMENSION, Inc. (https://www.dimensionfund.co.jp/en/)
Our mission is “Building a society where people’s vision and commitment are rewarded.”
The first fund, established in October 2019, has invested in 24 companies, three of which have gone public. In April 2022, we established the second fund with a total of 10.15 billion yen. Beyond merely providing risk money, we leverage our expertise in business growth, organizational development, and finance to invest in entrepreneurs who are committed and sincere in their management from the early stages, supporting their business expansion and IPO efforts.
Representative: Takamitsu Miyaso Chief Executive Officer
Location: 15th floor, Toranomon Hills Business Tower, 1-17-1 Toranomon, Minato-ku, Tokyo.
Established: October 2019
Business: Venture Capital business