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Crowdsourced manga translation app wins entertainment firm’s incubator Demo Day

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See the original story in Japanese. Earlier this month, Culture Convenience Club (CCC for short, TSE:4756), the Japanese company well known for its CD/video rental and bookstore chain called Tsutaya, held the final public screening event for the fifth batch of its startup incubation program called T-Venture Program. The program accepted entries for this batch from August 1st through September 14th, and the teams that proceeded on to the next round of judging spent a little over one month from November 1st to December 4th brushing up their plans for collaboration. Seven teams passed the second round to become finalists in the last examination round. The judges selected three winning startups after scoring them on four points including value creation, growth, and branding. The program recruited startups specializing in database marketing that uses the Tsutaya video rental and bookstores, T-Site, and other platforms. Through the platforms the companies should  propose lifestyle content, and then use the data obtained from the platforms and lifestyle content. Startups were recruited regardless of the type of business or industry, whether it is a corporation or individual, age, nationality, or whether the projects were in the beginning stages without any minimal viable product (MVP). Unlike other…

See the original story in Japanese.

Earlier this month, Culture Convenience Club (CCC for short, TSE:4756), the Japanese company well known for its CD/video rental and bookstore chain called Tsutaya, held the final public screening event for the fifth batch of its startup incubation program called T-Venture Program.

The program accepted entries for this batch from August 1st through September 14th, and the teams that proceeded on to the next round of judging spent a little over one month from November 1st to December 4th brushing up their plans for collaboration. Seven teams passed the second round to become finalists in the last examination round. The judges selected three winning startups after scoring them on four points including value creation, growth, and branding.

The program recruited startups specializing in database marketing that uses the Tsutaya video rental and bookstores, T-Site, and other platforms. Through the platforms the companies should  propose lifestyle content, and then use the data obtained from the platforms and lifestyle content. Startups were recruited regardless of the type of business or industry, whether it is a corporation or individual, age, nationality, or whether the projects were in the beginning stages without any minimal viable product (MVP).

Unlike other typical incubation programs, with the T-Venture program the teams are evaluated on other important points: whether they can find their synergy with CCC, the managing organization, or whether they can come up with valuable collaborative content.

The judges were as follows:

  • Muneaki Masuda – Founder and CEO, Culture Convenience Club
  • Noboru Takeda – President and CEO, CCC Design
  • Kazuo Nakanishi – President and COO, CCC Entertainment
  • Kazuhiko Kitamura – President, CCC Marketing
  • Junji Tanigawa – President and CEO, CCC Creative
  • Shihoko Urushi – Principal, Shinagawa Joshi Gakuin, Principal
  • Akira Shiramasa – President and CEO, CCC PhotoLife Lab
  • Takeshi Yoshimura – President and CEO, Digital Hollywood

CCC Award: ToryComics by ToryWorks

Prize: 1 million T-Point points

ToryWorks has developed ToryComics, a mobile app that allows users to translate manga using crowdsourcing. It is difficult to publish many manga titles in many different languages due to the high cost of translation. With ToryComics, users can translate the dialogue in a  manga episode into their mother tongue on their smartphone while viewing it, and then publish it to the global market after completing the translation. The app allows the translator to receive part of the revenue while paying copyright fee to the original author.

It is currently available for use in 13 languages in 142 countries, and a year of test marketing in Indonesia resulted in acquiring 500,000 users. One year later, by November 2019, the company plans to make it available in 18 languages in 200 countries, with a target of 3 million users. In terms or collaboration with CCC, ToryWorks proposed a plan to allow users to exchange T-Points for virtual coins that can be used on ToryComics, and a plan to allow Tsutaya Premium members all-you-can-read access to ToryComics. In the future, the company would like to distribute works from CCC affiliates and produce Japanese-Korean collaborative comics.

Outstanding Performance Award: Wall Share by 180

Prize: 500,000 T-Point points

Wall graffiti is illegal, and can make passers-by and residents feel uncomfortable, but if it is possible to obtain permission from owners and post something highly artistic, then value as a business can be created. 180 took inspiration from cities like Paris, where so-called graffiti forms an important part of the atmosphere, and Hong Kong, where it actually attracts visitors. The company matches wall owners, artists, and advertisers with the goal of developing an advertising business targeting tourists.

The company aims to produce a mobile app for graffiti stories and to show the place where users can see the art, along with a matching app that allows users to plan advertisements by matching vacant walls with artists. It is looking to monetize through the collaboration of vacant wall owners and artists, ads, paid apps, and merchandising. The company would like to collaborate with CCC on ad sales for their art specialty magazine. The company would also like to collaborate with CCC Marketing to build a marketing database by holding a stamp rally, and to host an art award at the Tsutaya bookstore in Ginza. 180 has already recruited the help of Kobe City in securing vacant walls.

TVP Award: Cametis by Kaisei Academy

Prize: 60,000 T-Point points

Cametis is a mobile app to help familiarize elementary and junior high students with musical education by first helping them practice piano exercises. Piano continues to be ranked high among extracurricular activities for elementary and junior high students, but students must practice without a teacher present which creates problems like being unable to fully grasp details. With Cametis, users can record their performance and discover their mistakes allowing them to concentrate on these areas while they practice. Additionally, there is a function that allows teachers to share their advice via the digitally displayed sheet music instead of writing it directly on the sheet music.

In order to prevent from violating copyright laws, the app specializes in classical music scores. Free users can practice the chorus of said scores. If the user likes it and wants to practice the entire song, they can purchase a package, which forms the basis of Cametis’ business model. As the number of children in Japan continues to decrease, the company is also targeting elementary and junior high school students in China, as well as the elderly. In partnership with CCC, they expect CCC to adopt Cametis as a next-generation musical education model for the “T-Kids Share Program” developed with the Mistletoe startup studio.

The following startups participated in this batch and pitched their ideas, but were not awarded a prize.

Learning Platform on Manga Technique by Hirohisa Tanaka

Hirohisa Tanaka has for many years been in a position to teach aspiring manga artists from Japan and China. According to him, when teaching manga to Chinese students their drawing level rises sufficiently, but their level of story-telling and planning does not. The reason being the absence of professional manga editors in China, unlike in Japan where manga artists and editors meet repeatedly and create the manga after hitting on a story. In addition, there are other problems such as the lack of opportunities to train manga artists, and no chance for manga artists and editors to meet each other in the first place.

Tanaka opened an online manga school for students in China with the hope of discovering and nurturing aspiring and current manga artists. At the same time, it is necessary to have professional editors who can evaluate manuscripts and submissions, so he would like to export editor training manuals. He hopes for collaborative projects with CCC’s manga submission service “Manga Hack”, Tsutaya Creator’s Program, Digital Hollywood, T-Kids Share School, and Tsutaya stores in China.

Cozre by Cozre

Cozre is a lifestyle suggestion platform for the parenting generation. The platform collects over 2.5 million answers a year from 600 genres, starting with parent’s names, children’s names, pregnancy due dates, birthdates, and other personal profiles. It then uses these profiles to develop qualitative and quantitative databases, and based on the age of the children provides recommendations for what kind of useful tips/what kind of goods the user will need and when.

In cooperation with CCC, the company proposed giving TIDs (T-point IDs) based on children’s information, so once a child is born it can become a T-card member at the age of 0. Moreover, by crossing Cozre user’s age data with CCC’s lifestyle database, it becomes possible to recommend goods for raising children according to the couple’s lifestyle. When a parent user provides information useful for other parents on Cozre, the companies could also consider plans to give points on children’s T-cards.

See also:

Self by Self

Self uses conversational AI (artificial intelligence) to allow companies and consumers to engage with each other in conversation. With the state of excessive information in recent years, Self can set up bots on websites and apps to understand the user’s values, living environment, hobbies, and emotional changes through conversation with the user. It not only collects and presents information side by side, but also “serves it” in a way the user wants, which makes it easier for users to accept.

The company explained that by teaming up with CCC it is possible to combine CCC Marketing’s purchase data and the conversational AI technology of Self to more effectively induce purchases and conduct marketing. If it is used in conjunction with the T-Point app it can calculate behavior patterns and user attributes from purchasing data and makes research possible. For example, if a married man in his 30’s makes a purchase at the nearest convenience store to his home earlier than usual, the bot answers that the man is not enjoying time with his family and recommends a DVD that can be enjoyed together.

teplo by Load & Road

Load & Road developed an IoT smart teapot called Teplo, which cooperates with smartphones to make the optimal tea according to the type of tea. Also, by analyzing the user’s pulse rate, their body temperature from their finger, the temperature outside, the room temperature, and the level of noise, it will make tea in the optimum condition for the user in that environment. They will monetize by selling pots and tea leaves. Japan and the United States are positioned as the target markets.

In collaboration with CCC, the company would like to sell hardware at pop-up stores, to sell it at Tsutaya Electrics after mass production starts, and to sell tea using the company’s teapot at T-site cafes. Based on purchasing data according to consumer attributes from the T-Point database the recommendation accuracy of Teplo improves, and additionally, based on consumption data, T-Point member companies can apply for product development too.

Stock Point by Stock Point

Stock Point is developing a point system linked with stock prices based on blockchain. When the user accumulates points on Stock Point by shopping, Stock Point cooperates as stock prices (of the manufacturer of the purchased product, etc.) rise to increase the amount of points on Stock Point. If the amount of Stock Point points becomes equal to or more than one share of the stock, the user can exchange it for stock and become a shareholder with the company.  By buying the products and services of companies that the user supports, they can eventually become shareholders of the company, and companies can increase their number of fans.

In the future, Stock Point is also considering the formation of a community economy using cryptos as opposed to cooperating with the stock exchange. The existing Stock Point service only covers listed stocks, but with this new concept, the company will construct a C2C (consumer-to-consumer) investment platform that allows each community of users sharing the same interest to issue its own token. As each of these economic communities grows, holders of each crypto can make a profit. The C2C investment platform also has community activation tools, customer promotion functions, tools gathering project ideas, and the company hopes to collaborate with CCC in this area.

Translated by Amanda Imasaka
Edited by Masaru Ikeda

Japan’s Culture Convenience Club introduces 10 finalists from second incubation batch

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See the original story in Japanese. Earlier this month, Culture Convenience Club (CCC for short, TSE:4756), the Japanese company well known for its CD/video rental and bookstore chain called Tsutaya, held the final public screening event for the second batch of its startup incubation program called T-Venture Program, in cooperation with IMJ Investment Partners or CCC’s investment arm. See also: Japan’s Culture Convenience Club selects 7 finalists for its first incubation program In this review, ten teams which had cleared the second round of judging gave their pitch as finalists. After being examined for four criteria including value creation, potential growth and branding by judges, eventually four startups were selected as award winners. Unlike typical incubation programs, this review considers possibilities of synergies or collaboration plans with CCC as important points upon examination. The judges for the screening event were: Muneaki Masuda, Representative Director and CEO, Culture Convenience Club Atsuki Ishida, Director & CIO, Culture Convenience Club Kazuhiko Kitamura, Vice President, CCC Marketing Kazuo Nakanishi, CEO, T-Media Holdings Yuji Horiguchi, CEO, IMJ Investment Partners Takeshi Yoshimura, President and CEO, Digital Hollywood Lin Kobayashi, Founder and Chair of the Board of International School of Asia, Karuizawa Norihiko Sasaki, Chief Editor, NewsPicks Taizo…

t-venture-2015-2-all-finalists

See the original story in Japanese.

Earlier this month, Culture Convenience Club (CCC for short, TSE:4756), the Japanese company well known for its CD/video rental and bookstore chain called Tsutaya, held the final public screening event for the second batch of its startup incubation program called T-Venture Program, in cooperation with IMJ Investment Partners or CCC’s investment arm.

See also:

In this review, ten teams which had cleared the second round of judging gave their pitch as finalists. After being examined for four criteria including value creation, potential growth and branding by judges, eventually four startups were selected as award winners.

Unlike typical incubation programs, this review considers possibilities of synergies or collaboration plans with CCC as important points upon examination.

The judges for the screening event were:

  • Muneaki Masuda, Representative Director and CEO, Culture Convenience Club
  • Atsuki Ishida, Director & CIO, Culture Convenience Club
  • Kazuhiko Kitamura, Vice President, CCC Marketing
  • Kazuo Nakanishi, CEO, T-Media Holdings
  • Yuji Horiguchi, CEO, IMJ Investment Partners
  • Takeshi Yoshimura, President and CEO, Digital Hollywood
  • Lin Kobayashi, Founder and Chair of the Board of International School of Asia, Karuizawa
  • Norihiko Sasaki, Chief Editor, NewsPicks
  • Taizo Son, Founder and CEO, Mistletoe

Top Award Winner: Street Academy

Supplemental prizes: T-Point worth 300,000 yen [1], air-cleaning machine and humidifier from luxury home appliance brand Cado.

t-venture-2015-2-streetacademy-winner-guest-judges

Street Academy is a skills marketplace enabling anyone to be an instructor. Focusing on connecting instructors and students, it provides off-line learning opportunities. Conventionally, there were no evaluation websites of skills mastery in Japan’s skills learning industry like Tabelog (a Japanese restaurant review portal) in the restaurant industry. Therefore, founder Takashi Fujimoto implemented word-of-mouth functions among students regarding how instructors are good at teaching on the website. In this manner, the team aims to provide an environment for casual learning in town.

Since its launch back in August 2012, Street Academy has acquired 3,500 instructors registered and 100 genres of service content consisting of 4,000 lectures, such as an accounting lecture by an accountant in a café, or a back-flip lesson for gymnastics amateurs. 25% of the total services are conducted in local areas other than Tokyo.

t-venture-2015-2-streetacademy

Tying up with Tsutaya Bookstore Tenjin in Fukuoka coincidentally, Street Academy recently held a public lecture event also aimed at sales promotion of the textbook which was written by a lecturer based on teaching activities at Street Academy. Through cooperation with CCC, online reservations at Street Academy website and trial lectures held at Tsutaya stores might attract new customers to shopping complexes of CCC.

See also:

Outstanding Startups Award winner: GeneQuest

Supplemental prize: T-Point worth 100,000 yen [1].

t-venture-2015-2-genequest-winner

GeneQuest is a startup focusing on gene analysis, established by researchers at the University of Tokyo and others in 2013. Sending back one’s saliva collected by the sampling kit which was sent from the lab after the order, one can receive evaluation with 300 items regarding congenital onset risks of diseases or constitutions based on the results of gene analysis.

As for possibilities of cooperation with CCC, the team emphasized that more effective marketing would be achieved by adding genetic health data to purchase information of the customers if acquired 550,000 users for GeneQuest would account for 1% of the total number of T-Point members [1]. Moving forward, the company plans to build a genetic information database on top of the service with an expectation that pharmaceutical companies leverage it for their R&D activities.

t-venture-2015-2-genequest

Although the probability of business opportunities is still unknown, GeneQuest seems to have the advantages in terms of analysis of disease onset trends based on the genetic information of Asian or the yellow race including Japanese in contrast to Western companies which are specialized in analysis of Westerners, for patterns of genetic information differ depending on race.

See also:

Outstanding Startups Award winner: Factelier

Supplemental prize: T-Point worth 100,000 yen [1].

t-venture-2015-2-factorier-winner

Kumamoto-based Lifestyle Accent spent three years constructing an apparel e-commerce platform called Factelier, offering inexpensive but high-quality fashion items by affiliating with 480 sewing factories all over Japan including ones are engaged in outsourced manufacturing of notable fashion brands overseas. Connecting factories and consumers directly in the supply chain, it cuts the wholesale and retail costs. That enables Factelier to sell products under the own brand name, and also bring more orders to factories.

Mineaki Saito, former CEO of Hermès Japon, had joined the team as its advisor. Factelier has been accessed from 130 countries since the start of the service to overseas customers two months before. In the future, the company aims at receiving an order for uniforms of the Japan national team in 2020 Tokyo Olympics.

t-venture-2015-2-factorier

See also:

Tsutaya Award Winner: Anikore

t-venture-2015-2-anikore-winner

Anikore is an anime evaluation website having 13 monthly page views and 2.3 million unique users on a monthly basis. It has already gained 1.35 million review posts for anime since its launch five years ago.

Although having reached most domestic anime freaks, the team is conscious of not being recognized by overseas freaks or anime fans who dare not follow anime information on the Internet.

Through utilization of 35,000 ranking patterns made by Anikore users, special features of rental video according to various ranking at Tsutaya stores can be planned. While overseas development will be propelled gradually upon confirming reaction from fans in each country, launch of an English version first was requested by Judge Son.

t-venture-2015-2-anikore


The followings are the startups which unfortunately missed prizes but conducted excellent presentation as finalists.

ClubFm

t-venture-2015-2-clubfm

ClubFm (pronounced ‘club f-minor’) is a rental platform for pictures or contemporary arts owned by major galleries in Japan for 4,800 yen (about $40) a month. Focusing on new demand development such as houses or offices having little opportunities to be decorated with pictures before, it also offers a function on the website to simulate room decoration with pictures or foliage plants collectively. As of September 2015, it dealt with 1,200 pictures in partnership with 70% of domestic major galleries, aiming at a 90% share.
The company plans to propose a lifestyle surrounded by arts to T-Site visitors or T-Point members through cooperation with CCC [1] [2].

Voice Marche

t-venture-2015-2-voicemarche

Voice Marche is a telephone counseling platform staffed by female counselors, exclusively for female users. Users may access experienced counselors to talk about subjects they cannot even discuss with close people for 55 minutes at 12,000 yen (about $100).

All of current 368 registered counselors have passed the interview by the company. Thus, its high degree of the user satisfaction can be assumed from 1,543 experience stories posted on the website.

The team suggested that the Voice Marche app can be preinstalled in smartphones of TONE mobile, CCC’s mobile virtual network operator (MVNO), through the partnership. Also it may be available for health management or caring for the elderly by tying up with the Furusuma mobile company and the municipalities.

Eichiii

t-venture-2015-2-eichii2

Eichiii is a rental platform dealing with 800 meeting spaces on demand in Tokyo. Most of the listed spaces on the website are like dining bars which open in the evening, or co-working spaces with idle time. The owners can additionally receive benefits by utilizing dead time.

Enhancing the linkage by being published on the website of T-Site, Eichiii aims to collect customers via T-Site through holding events or seminars at meeting spaces listed on Eichiii [2]. Besides, it looks for ways to utilize T-Point or coupons [1].

Wellnote

t-venture-2015-2-wellnote

Wellnote is a social network platform focusing on limited use within families, allowing records sharing of daily life or of growth even between grandchildren and grandparents. While it has been distributing various content such as recipes for baby food or daily life information through cooperation with kid-raising support company Akachan Honpo or educational content publisher Gakken, the team emphasized that cooperation with CCC would enable offering movie recommendations for families, picturebooks for grandchildren or events for kids.

Recently, Wellnote tied up with a Japanese TV morning show ZIP! and planned an educational program for teaching dance to kids. Also it has started to formulate a creative educational program conducted year-round supported by pedagogy expert Dr. Manabu Sato, Emeritus Professor of the University of Tokyo.

Sensy

t-venture-2015-2-sensy

Sensy is a personal artificial intelligence (AI) app for fashion and outfit coordination. As implied by ‘personal,’ the app can be customized according to each user’s taste or demand. Incidentally, it had been selected as the first case handled by IBM Watson in Japan.

Currently, 12,000 brands participate in Sensy; for example, Isetan Mitsukoshi (TSE:3099) , one of Japanese major department stores, adopted Sensy as a service app for dealing with visiting customers. Visitors can receive proposal of fashion items suiting them by calling each personal AI profile with e-mail. Moreover, by calling AI profiles of Isetan Mitsukoshi’s top buyers, users can learn their sense of coordination via the app.

The team said it wanted to develop a point card implementing the personal AI profile to leverage cooperation with CCC.

See also:

Pratechs

t-venture-2015-2-pratechs

Generally, medical information including medical chart belongs to doctors, and is rarely exposed to patients. Pratechs proposes a healthcare environment that allows users to keep their own daily vital data and to get necessary supports by releasing the data to a third party. The service mainly consists of a personal app for users called Healthplayer, measuring stations and a console for business operators.

Specifically, it can be applied in Customer Relationship Management (CRM) at pharmacies. In addition, a possible approach with cooperation with CCC includes a system to motivate users to continue recording their vital data by giving T-Point or coupons exchangeable for merchandises to users who visit the pharmacies [1]. Also it may be available for the health management or caring the elderly through tying up with the Furusuma mobile company and the municipalities.

See also:

Translated by Taijiro Takeda
Edited by “Tex” Pomeroy and Masaru Ikeda


  1. Operated by CCC, T-Point is a customer loyalty and rewards program available at Tsutaya bookstore chain and other affiliate online/offline retailers.
  2. Operated by CCC, T-Site is a brand given to online/offline shopping complexes, aiming to propose new lifestyle, fashion and creative items as well as selling books.

Japan’s Culture Convenience Club selects 7 finalists for its first incubation program

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See the original story in Japanese.Earlier this month, T-media Holdings, the internet business-focused intermediate stock holding company of Japan’s largest bookstore chain operator Culture Convenience Club (CCC for short, TSE:4756), held its final public screening event for the first batch of its startup incubation program called T-Venture Program, in cooperation with its subsidiaries IMJ and IMJ Investment Partners. CCC is the operator of Japan’s largest bookstore chain Tsutaya. See also: Japanese entertainment retail conglomerate launches startup incubation program This program attracted 110 teams from all over the country. 41 teams made it through the first selection by the judging committee and 12 of them  chosen as finalists after the second selection. CCC CEO Muneaki Masuda, serving the event as chief juror, noted that the judges have graded five factors such as value creation, potential, and branding to award 7 finalists out of the dozen. Masuda stressed that they paid close attention to each candidate as to integrity as a platform, proposal for lifestyles, natural aspects, and friendliness rather than a mere membership system. Awarded startups listed below will proceed to the second phase (Incubation 2) of the program, including an integration test with T-site, the versatile information portal site of CCC. Top Award Winner: Agrimedia Supplementary prizes: participating in the program’s…

t-venture-2015-public-review

See the original story in Japanese.
Earlier this month, T-media Holdings, the internet business-focused intermediate stock holding company of Japan’s largest bookstore chain operator Culture Convenience Club (CCC for short, TSE:4756), held its final public screening event for the first batch of its startup incubation program called T-Venture Program, in cooperation with its subsidiaries IMJ and IMJ Investment Partners. CCC is the operator of Japan’s largest bookstore chain Tsutaya.

See also:

This program attracted 110 teams from all over the country. 41 teams made it through the first selection by the judging committee and 12 of them  chosen as finalists after the second selection. CCC CEO Muneaki Masuda, serving the event as chief juror, noted that the judges have graded five factors such as value creation, potential, and branding to award 7 finalists out of the dozen.

Masuda stressed that they paid close attention to each candidate as to integrity as a platform, proposal for lifestyles, natural aspects, and friendliness rather than a mere membership system.

Awarded startups listed below will proceed to the second phase (Incubation 2) of the program, including an integration test with T-site, the versatile information portal site of CCC.

Top Award Winner: Agrimedia

Supplementary prizes: participating in the program’s Incubation 2 phase, 300,000 T-points (rewards available at Tsutaya bookstores and affiliated retailers), complimentary one-year subscription to Tsutaya Discas (mail-delivered DVD rental service).

t-venture-2015-public-review-share-hatake-1
Agrimedia CEO Takashi Morofuji

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Tokyo-based startup Agrimedia provides vegetable gardens for rental in suburbs, called Share Batake. What makes them stand out from other providers is that it offers courses on vegetable farming by professional farmers and gardening advisers. Urban gardeners can participate in growing vegetables without bringing their own tools to these garden. One could grow around 20 different kinds of vegetables throughout a year and take the harvests home. The company also offers the premium option of hiring a “garden manager” for those who have no time to take care of the vegetables.

Agrimedia plans to set up a trial garden space at a T-site real store premise in the Tokyo suburb of Shonan, looking for more opportunity to reach potential customers.

Outstanding Startups Award winner: Onemore

Supplementary prizes: participating in the program’s Incubation 2 phase, 100,000 T-points (rewards available at Tsutaya bookstores and affiliated retailers)

t-venture-2015-public-review-onemore

Tokyo-based Onemore, the company behind crowdfunding platform called Green Funding, introduced its successful use case having raised for producing novel-based film “The Light Shines Only There” starring the superb Japanese actor Go Ayano. The company proposed a film production-focused crowdfunding site integrated with T-site, leveraging user attribute information associated with T-site user id to present relevant recommendations to potential crowdfunding backers. The company says, other possible merit may include allowing backers to participate in crowdfunding campaigns using T-point reward points, as well as allowing film project owners to invite backers to exclusive events promoting their films.

See also:

Outstanding Startups Award winner: Filme by Coto Coto

t-venture-2015-public-review-filme

Filme lets mothers produce a movie recording their children’s growth, named Seicho Cinema, literally meaning Growth Cinema.

See also:

When a mother keeps recording a 30-second movie clip shooting her child every day for 20 days, Coto Coto’s original movie-editing engine produces a movie consisting of them. The service allows her to ask for a DVD to be sent to the grandparents who typically live apart from their grandchildren.

Coto Coto proposed setting up a booth near the kid’s space in the T-site real store, accepting movie production orders from families and giving them opportunities to enjoy the growth of their children by playing back their memories at a café nearby.

(‘Seicho Cinema’ is a trademark of Coto Coto.)

Speiclal Jury Award winner: Smaoku (Smart Auction) by Zawatt

t-venture-2015-public-review-sumaoku

Smaoku (Smart Auction) is a mobile app inspired by the flash sale concept, aiming to bringing a sense like being at the real auction site. The company wants to buy unwanted items from users at real T-site stores.

See also:

Speiclal Jury Award winner: Saka No Tochu (On the Slope)

t-venture-2015-public-review-on-the-slope

Kyoto-based Saka No Tochu (On the Slope) provides a subscription-based organic vegetable delivery service, promoting low environmental-load agriculture and new agricultural workers. Japanese farmers are usually small-scaled and their yield is easily affected by natural factors. But the company aims to optimize the cultivation management and farming plans by deploying financial engineering techniques to agriculture, looking to secure valuation of the agricultural industry.

While a conversion rate from trial users to subscribed users are around 10% on typical food delivery e-commerce services, the company targets 25-30% and sees 250,000 yen (about $2,100) in a user’s lifetime value despite a per-user acquisition cost of 5,000 yen (about $42).

T-Point Award winner: Cashback Chintai

Supplementary prize: 50,000 T-points

t-venture-2015-public-review-cbchintai

Cashback Chintai is a platform for rental homes and apartments, charging ad costs to property owners or agents on a total-performance basis so that they have to pay nothing until tenants are found.

See also:

The platform gives cashback rewards to tenants who have signed an agreement with a property owner, so these tenants are pleased to inform the platform that the deal is conducted using it. In this way, the platform can catch up with all transactions and charge all property owners or agents whose deals are handled via the platform regardless of whether receiving any report from the latter parties.

Cashback Chintai has listed over 1.8 million properties to date, and is ranked at the top 3 in the industry. The company proposed that they would give users cashback rewards using T-points in partnership with the T-site portal.

Tsutaya Award winner: Filmarks by Tsumiki

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Filmarks is a social review site focused on films. Since its launch back in June of 2013, it has acquired more than 4.5 million reviews to date. For instance, brand new film Big Hero 6 acquired 3,904 reviews comparing to Yahoo Movies with 1,451 reviews (as of this writing). It is, at least considered from the movie reviews standpoint, seen being in an invincible position.

The platform will find synergy in collaboration with Tsutaya which provides a huge variety of movie titles both online and offline.

Translated by Sumi Yo via Mother First
Edited by Masaru Ikeda
Proofread by “Tex” Pomeroy

Japanese entertainment retail conglomerate launches startup incubation program

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See the original story in Japanese. T-media Holdings, the internet business-focused intermediate stock holding company of Japan’s largest bookstore chain operator Culture Convenience Club (CCC for short, TSE:4756), held a briefing with their subsidiaries IMJ and IMJ Investment Partners on Friday. CCC is Japan’s largest bookstore chain operator. The internet business-focused company group announced that it has launched a startup support program called T-Venture Program. Under this program, every participating startup can integrate T-site user accounts and fundraise up to 100 million yen ($894,000) from IMJ Investment Partners when necessary. Making full use of the strength of their assets, such as a database of 50 million members of CCC’s cross-industry loyalty program, a database of films and music titles available in Japan, as well as their rewards point system, T-media Holdings wants to help startups market their apps or web services by driving user traffic and cross marketing between T-media holdings’ media portal T-site and its affiliated web services. T-Media Holdings will give these startups the convenience of testing integration with the T-site platform in advance, which the company thinks will differentiate them from similar incubators. On a related note, they will release a T-site mobile app in early November….

t-venture-program_featuredimage

See the original story in Japanese.

T-media Holdings, the internet business-focused intermediate stock holding company of Japan’s largest bookstore chain operator Culture Convenience Club (CCC for short, TSE:4756), held a briefing with their subsidiaries IMJ and IMJ Investment Partners on Friday. CCC is Japan’s largest bookstore chain operator.

The internet business-focused company group announced that it has launched a startup support program called T-Venture Program. Under this program, every participating startup can integrate T-site user accounts and fundraise up to 100 million yen ($894,000) from IMJ Investment Partners when necessary.

Making full use of the strength of their assets, such as a database of 50 million members of CCC’s cross-industry loyalty program, a database of films and music titles available in Japan, as well as their rewards point system, T-media Holdings wants to help startups market their apps or web services by driving user traffic and cross marketing between T-media holdings’ media portal T-site and its affiliated web services.

T-Media Holdings will give these startups the convenience of testing integration with the T-site platform in advance, which the company thinks will differentiate them from similar incubators. On a related note, they will release a T-site mobile app in early November.

Through this program, T-media Holdings aims to invite web services other than what the company provides, such as services for pets, cooking, health and beauty, cameras, kids, and bicycles. It will add them into their service line-ups for consumers in partnership with participating startups. Applicant startups must be younger than five years, but not only consumer-focused services but also tools or technology-oriented projects are welcomed.

To take part submit an application via this form by November 28. About 40 teams will be selected in the first screening, which will be narrowed to 10 finalists during the second screening process based on a face-to-face interview. Finalists will be presented at an event to be held on 20 January 2015 at Shibuya Hikarie, Tokyo. CCC founder and CEO Muneaki Masuda will take part.

In November, T-media Holdings plans to hold briefing events in Kyoto, Osaka, and Fukuoka. If you reside outside Tokyo but are interested in participating in the program, check out these opportunities.

Q&A session with entrepreneurs at a briefing on Friday. L to R: T-media Holdings CEO Toru Sakurai, managing director Hiroshi Nemoto, oprating officer Shinga Sakata, IMJ Investment partners' Japan office manager Hiroshi Oka
Q&A session with entrepreneurs at a briefing event on Friday.
L to R: T-media Holdings CEO Toru Sakurai, managing director Hiroshi Nemoto, operating officer Shinga Sakata, IMJ Investment partners’ Japan office manager Hiroshi Oka