Japan’s Global Brain setting up Singapore subsidiary to expand in region, with hotshot exec as chief

Global Brain CEO Yasuhiko Yurimoto (right), Singapore office representative Hisashi Suzuki (left)

See the original story in Japanese.

Tech in Asia Singapore 2015, the annual startup conference by Singapore-based tech news media Tech in Asia, is now taking place at Suntec Singapore Convention & Exhibition Centre on 6th and 7th May. At the event, Yasuhiko Yurimoto, CEO of Tokyo-based investment firm Global Brain, told The Bridge that his company will set up a regional office in Singapore soon and appointed Hisashi Suzuki as the chief representative for the office, aiming to better serve local entrepreneurs and startups in the Southeast Asian region.

Co-founding notable Japanese video game company Square in 1986 (subsequently merged and rebranded as Square Enix), Suzuki produced legendary game series Final Fantasy and then made the company IPO at the Tokyo Stock Exchange in August, 2000. Subsequently he was appointed as the chairman of Japanese leading entertainment agency LDH where he produced many stars including popular J-pop performing group Exile and Japanese supermodel Jun Hasegawa. Following that he served Japanese e-commerce giant Rakuten as Director and Senior Executive Officer, he is currently serving as independent director for Japanese companies like video recording device maker Spider and online business school company Business Breakthrough (TSE:2464).

Since 2005 when he started working with Rakuten, he has been working while flying back and forth between Singapore and Japan so he has built up a vast network of business executives in Southeast Asia. Joining Global Brain is the first experience for him to work in the startup community, so he said “People to meet up with, things to talk about, everything happening here is very new to me.” However, leveraging his deep insights dependent on his IPO experience, we can expect that he will devote himself to fostering entrepreneurship and forming startup ecosystems in the region.

Global Brain will establish a local business entity in Singapore in the near future, meaning that the regional office will become the company’s subsidiary named “Pte Ltd.” Their Singapore office is the second overseas office in Asia, following the launch of their Seoul office back in December 2014.

In this region, Global Brain is better known for having recently invested in Singapore-based online cosmetics and skincare products e-commerce site Luxola as well as India- / Singapore-based adtech startup AdNear. Going forward, the firm plans to strengthen investing in startups in the region upon the launch of the Singapore office at this time.

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