NEWS RELEASE
October 18, 2021
For Immediate Release
Japan Impact Investment II Limited Partnership

Impact Investment in Compass, Inc.
Japan Impact Investment II Limited Partnership (hereinafter, "HATARAKU FUND") underwrote thethird-party allotment executed by Compass, Inc. (Kobe-shi, Hyogo, President and CEO Ai Otsu,"Compass").
Based on its mission to "end working poor in Japan," Compass provides an online employment support
service for low-income job seekers. The service is a combination of job matching using the LINE
application/AI, and career counseling and support by certified career consultants. It is being provided
mainly to local governments, including government-designated cities.
HATARAKU FUND is the successor to Japan Impact Investment I Limited Partnership (commonlyknown as the Child-care Support Fund), which was established in January 2017 as the first impact
investment fund operated by a Japanese banking group, and this fund was designed to make impact
investment※1 into the domestic child-care-related business. Jointly managed by Japan Social Innovation
and Investment Foundation and the Shinsei Bank Group, with advisory from Mizuho Bank, Ltd.,HATARAKU Fund has received funding from a large number of institutional investors. We aim to support
the growth of investees’ businesses and expand social impact by investing in businesses related to childcare, elder-care, and new work styles.
We believe that Compass’ business has capability to provide chances to establish a more stableeconomic base to people having difficulties pulling themselves up by their bootstraps under Japanesesocial structure. Through our due diligence process, we have not only confirmed the market potential ofemployment assistance service by local governments and agency service to low-income job seekers, butalso a track record of improving the economic base of job seekers through collaboration with local
governments. Accordingly, we decided to make this impact investment based on our judgment that
Compass’ business is in line with HATARAKU FUND’s targeted goal to enhance diverse work styles andlifestyles.
In addition, we also have discussed in-depth with the management team to introduce the “Impact
Measurement and Management” ※2 process, where Compass measures and visualizes the social impact
from its business and utilizes the results to improve management processes and business strategies.
Going forward, we will continue to support the development of Compass’s social and economic value,
while actively promoting the establishment of the impact investment ecosystem.
*1 Investments aiming to achieve both economic and social returns.
*2 Incorporate social impact measurement into management PDCA cycles and apply them to business management.

■ Summary of Compass, Inc.
Name
Date established
Representative
Head officeBusiness
Description:::::

Compass, Inc.
September 2017
Ai Otsu, President and CEO56, Naniwamachi, Chuo-ku, Kobe-shi, Hyogo
Employment agency service/Career counseling■ Summary of the HATARAKU FUND
Name:

Date established
General partner(GP)::GP Member:

AdvisorFund Period
Investment
TargetURL::::

Japan Impact Investment II Limited Partnership(commonly referred to as "HATARAKU FUND")
June 28, 2019Japan Impact Investment II LLP
Shinsei Impact Investment Limited
Japan Social Innovation and Investment Foundation
Mizuho Bank, Ltd.
Investment period of 5 years, fund term of 10 years
Early to later stage companies operating child-care,nursing care, and new work-style-related businesses
https://hatarakufund.com/english/

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