Aiming Inc.
Aiming Completes Private Placement of Equity
TOKYO, September 9, 2011 – Recently founded browser-based and social game producer and developer, Aiming Inc., announced today that it has completed a private placement to JAFCO Co., Ltd. (Headquarters: Tokyo, Chiyoda-ku; CEO Shinichi Fuki) operated by JAFCO Super V3 Investment Limited Partnership and Incubate Fund No. 1 Limited Partnership with a total amount of JPY 1.2 billion. Aiming Inc.’s total amount of capital after the private placement will be JPY 760 million (JPY 750 million in capital reserves). Established in May 2011, Aiming Inc. has produced and developed online games for smartphones and PCs. The company is planning to use the additional funds to strengthen and increase development staff for new PC/smartphone apps, as well as to conduct an aggressive hiring campaign in preparation for expanding its business overseas.