Press release

December 3, 2021
JAFCO Group Co., Ltd.

Part 2 of the Popular Conference with over 89% Satisfaction Ratings－Leaders creating innovative services/ products share hints for incubating ideas－“New Business Conference 2021 - Success or Failure?
Behind the Scenes of New Business Creation by Large Companies”
To be held online on Dec. 15, 2021 (Wed.) 12:00-18:00
JAFCO Group Co., Ltd. (Headquarters: Minato-ku, Tokyo, President: Shinichi Fuki, hereinafter“JAFCO”) will hold the second special seminar of the “&JAFCO Meet up Series” online seminars
titled “New Business Conference 2021 - Success or Failure? Behind the Scenes of New Business
Creation by Large Companies” from 12:00 to 18:00 (Japan time) on Wednesday, December 15,2021.
In this seminar with the theme “Idea Incubation,” speakers who have incubated innovative ideas
talk about the background of conceiving ideas for services/ products and tips on creating a businessfrom nothing.

New Business Conference 2021

Event report will begiven free toparticipants only

Success or Failure？Behind the Scenes ofNew Business Creation by Large Companies
2021.12.15 WED 12:00-18:00 @Onl ine

In line with the spread of the COVID-19 pandemic, digitalization has progressed rapidly in variousindustries, changing the societal environment for companies. As competition intensifies, it isbecoming vital for large companies to create new businesses. On the other hand, due to a numberof options for new business promotion, including CVC, acceleration program, and open innovation,
large companies are experiencing difficulties in making the best choice for their own goals or
finding places to go for consultation.

For more information, please contact
pr@jafco.co.jp, JAFCO Group Co., Ltd.

Press release

December 3, 2021
JAFCO Group Co., Ltd.

JAFCO, which invests in both startups and buyout deals, launched the “& JAFCO Meet up Series”
of online seminars aimed at providing hints for next actions, based on its desire to support not only
entrepreneurs, but also people with high aspirations taking on new business challenges oraddressing management issues head on.
The first special seminar of the Series “New Business Conference 2021 - Sixteen Top-notch
Entrepreneurs Tell Their Stories” held in July 2021 had over 1,000 participants and achieved
satisfaction ratings of over 89%. Through the seminar, JAFCO not only provided information butalso new business creation support by connecting seminar participants with JAFCO-backedstartups.
To further accelerate new business creation, JAFCO will hold the second special seminar “NewBusiness Conference 2021 - Success or Failure? Behind the Scenes of New Business Creation byLarge Companies.” Generation of business ideas may be based on vision, strength, trend, etc. andeach method has its own difficulties and advantages. With the concept of “explicit knowledge(framework)” and “experience (practical leaning),” this seminar consists of five sessions basedon the ideation method to demonstrate the processes and hardships that our forerunners faced toincubate new business ideas.
Participants are encouraged to take part in as many sessions as possible as the seminar provides anopportunity to deepen the understanding of different approaches as well as the approach currently
being taken by each participant.

Seminar Outline
Date

December 15, 2021 (Wed.) 12:00-18:00

Venue

Zoom Webinar

Entry feeFree

Organizer

JAFCO Group Co., Ltd., Co-nnect Inc.

Organizing partners

Hypex Corporation.

Seminar website

https://jafco-seminar.com/eApplication

https://docs.google.com/forms/d/e/1FAIpQLSd_3Bpt4lP9qipHH3rhqb
pYCiLuBZcbuW0ljipkGdVu4hhRLg/viewform (Japanese Only)

Note: The viewing link (URL) for the webinar will be sent to attendees at a later date.

For more information, please contact
pr@jafco.co.jp, JAFCO Group Co., Ltd.

Press release

December 3, 2021
JAFCO Group Co., Ltd.

ProgramIntroduction（12:00-12:05）
Session 1 (12:05-12:55) : New business creation mindset
For new business creation, an idea is very important, but a mindset that acknowledges uncertainty
and the environment that nurtures such mindset are more important. In this session, global design
consulting firm IDEO gives a presentation on factors essential for creating new businesses while
exercising creativity, followed by a discussion between IDEO and its client Nippon Jimuki on thedetails of how employees’ mindset and actions were changed.
Session 2-1 (13:00-13:55): “Search for future issues” approach
An idea creation approach based on assumed lifestyles of future customers/ users and focusing on
new problems and needs that arise therein.
Session 2-2 (14:00-14:55): “Trend analysis” approach
An idea creation approach with a focus on solving issues that arise from global macro movement/
sweeping trends (ex. decreasing birthrate and aging population, decarbonization).
Session 2-3 (15:00-15:55): “Strength application” approach

An idea creation approach that takes advantage of assets that represent company strengths (ex.
technology, sales channels, customer base).
Session 2-4 (16:00-16:55): “Vision-oriented” approach
An idea creation approach with a focus on realizing a vision of changing the world, shaping one’s
desire, etc.
Session 3 (17:00-17:55): Practical method of turning ideas into new ventures
For those having trouble generating and brushing up business ideas, Mr. Ryo Tanaka of VisasQ is
invited to provide hints on “how to incubate ideas into new ventures.”
CLOSING（17:55-18:00）

About JAFCO Group Co., Ltd.
Since its founding in 1973, JAFCO Group has always worked with leading-edge entrepreneurs.
The total commitments of its investment funds in Japan and overseas have exceeded ¥1 trillion andthe cumulative number of portfolio IPOs to date has reached over 1,000. In addition to venture
investment, JAFCO Group also carries out buyout investment and commit to the creations ofinnovative technologies and services worldwide. As entrepreneurs’ closest partner in bringing theirvisions to life, JAFCO provides support in areas of HR, marketing/ sales, and back-office
operations, in addition to providing financing.
For more information, please contact
pr@jafco.co.jp, JAFCO Group Co., Ltd.

Press release

December 3, 2021
JAFCO Group Co., Ltd.

Company name

JAFCO Group Co., Ltd.

President & CEOShinichi Fuki

Head Office

24F Toranomon Hills Mori Tower, 1-23-1 Toranomon, Minato-ku, Tokyo

Establishment

April 5, 1973

Paid-in Capital¥33,251 million

Stock Listing

Tokyo Stock Exchange, First Section

No. of Employees

132 (consolidated) (as of September 30, 2021)

For more information, please contact
pr@jafco.co.jp, JAFCO Group Co., Ltd.