The Japanese word processing software pioneer, Just Systems announced today it would increase the capital by allocating new shares to the Osaka-based sensor manufacturer Keyence Corporation.   Keyence plans to buy 43.96% stake in Just Systems, and it worths USD45M.

After a full chase with the other word processing softwares like Microsoft Word, Just Systems’ money-making product Ichitaro could no longer keep its sales trend, and the company were forced to develop many kinds of new business, new softwares and new services.   Unfortunately, no attempt has grown up enough to save the company.

According to the company’s report for the latest fiscal period, Just Systems generates USD1.42B revenue, USD11M net loss, USD14M operating loss and USD11M ordinary loss.

Just Systems was founded in 1996 by Mr. & Mrs. Ukigawa.   It has been considered as the herald of Japanese IT ventures, and is listed on Jasdaq Securities Exchange.

See Also:

• CEO Ukigawa’s Announcement: Just Systems has made agreement for capital and business partnership with Keyence Corporation [J]

Tags: Company, Japan by Masaru IKEDA
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Agile Media Network raised a $1M investment from Ant Capital Partners on March 31st. They use the investment to develop new software systems.

Agile Media Network is a Japanese ad-network / blog marketing company for blogs and social media which was established in February 2007. They sell ads of many Japanese top blogs such as Netafull.

They expect first monthly profit in March 2009.

Disclosure: Motohiko Tokuriki, CEO of Agile Media Network, is an advisor of Asiajin.

via Venture View [JP]

Tags: Company, Japan, News by Shunichi Arai
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