[TARGET JAMM Co., Ltd.] TARGET JAMM Co., Ltd. conducted a third-party allotment capital increase with GETTI Co., Ltd. as the underwriter. Utilize the funds raised to strengthen remote island revitalization projects.
TARGET Co., Ltd. JAMM Press release: May 13, 2025 TARGET Co., Ltd. JAMM conducted a third-party allotment capital increase with GETTI Co., Ltd. as the underwriter. Utilize the funds raised to strengthen remote island revitalization projects. A visitor center [Ole Ole] will be opened on Yoroshima, the southernmost inhabited remote island of Amami Oshima, in July 2025 – A visitor center (tour desk, island specialty shop) will be opened and a cafe will be invited – May 13, 2025 TARGET Co., Ltd. JAMM Representative Director and President Julian Gieri TARGET JAMM Co., Ltd.
(Headquarters: Mihama-cho, Mikata-gun, Fukui Prefecture, President and CEO: Julian Gielly), which provides inbound consulting, guided tourism, and accommodation management for Europe, America, and Australia, has formed a capital alliance with TARGET Co., Ltd. (Headquarters: Kita-ku, Osaka City, President and CEO: Satoshi Tateishi), which conducts regional revitalization projects, and has been working on regional revitalization projects. This time, we will carry out a third-party allotment of capital with TARGET’s parent company, GETTI Co., Ltd. (Headquarters: Minato-ku, Tokyo,
Representative: Masato Ota) as the underwriter, and utilize the raised funds to carry out a remote island revitalization project. As a model case, we will work on the revitalization of Yoro Island, the southernmost inhabited remote island of Amami Oshima, which won the Cool Japan Award 2017 for “Coral Stone Wall, Sagaribana, and Hamiya Island”. On Amami Oshima and Yoro Island, TARGET JAMM has already acquired the operating rights to “CJCASAaoao,” a single-family inn for well-traveled and wealthy people from Europe, America, and Australia, and “National Park Style Cominca,” an old Japanese-style inn for repeat visitors to Amami Oshima who like remote islands. The Yoro Island Visitor Center [Ole Ole] will utilize the funds raised to contribute to the revitalization of Yoro Island. We will renovate and maintain an old private house and farmland on the premises and open the new facility in July 2025.We will use the old private house surrounded by coral stone walls to provide facilities that are lacking on the island, such as an inn, a cafe/restaurant, a
direct-from-the-farm shop/miscellaneous goods shop, and a tour desk, in a decentralized manner to solve the problems of remote islands. TARGET JAMM will use this initiative as a model case for remote island revitalization projects, and will build a business model that includes the development of specialty products from remote islands, the provision of lodging and dining facilities, the installation of farm-fresh shops and tour desks at visitor centers, and the expansion of sales of specialty products using e-commerce. ■Contact information for this release TARGET JAMM Co., Ltd. Address: 92-1 Nakasho, Hayase 19, Mihama-cho, Mikata-gun, Fukui Prefecture Email: info@target-inc.jp ■About Yoroshima Visitor Center [Ole Ole] TARGET JAMM and our capital partner TARGET have been working on the revitalization of Yoro Island since 2017, and now we will renovate and maintain old folk houses and open the Yoro Island Visitor Center [Ole Ole] in July 2025. We have already completed construction in 2019 of CJCASAaoao, a single-family inn for wealthy Europeans, Americans, and Australians, renovating the former site of the village chief’s residence in Nishi Village, Yuanchin. In addition, an inn for Amami repeat visitors who love remote islands was opened in 2021. (Inn name: National Park Style Cominca). The opening of these two facilities coincided with the coronavirus pandemic, and in consideration of the situation on Yoroshima, a village without a doctor, we have been actively refraining from operating, but with the opening of [Ole Ole], we will gradually start operating. Yoroshima is a very small remote island with a population of 54 people and an area of less than 10 km2, and is the southernmost inhabited remote island of Amami Oshima. It has a long history and was a transit hub for people traveling from overseas to Amami Oshima, Kyushu, and Honshu, so relics from the Kamakura period and celadon bowls from the Song period have been discovered. Additionally, there are many anecdotes about the Norogami during the rule of the Ryukyu Kingdom, and there is also a historical site in Kamiyama called Dai Amushare, which is said to have ruled the Amami Islands by dividing them into two. Approximately 70% of the village is surrounded by coral stone walls, where migratory birds fly in each season, and in the summer, the famous Sagaribana, a one-night flower, is in full bloom, creating a calming scene where you can feel the slow flow of time and feel the atmosphere of old Amami. In addition, the uninhabited island “Hamiya Island”, which is said to be the origin of “Hammiya”, is the symbol of the island and serves as a source of emotional support for the islanders. We won the Cool Japan Award 2017 for “Coral Stone Wall, Sagaribana, and Hamiya Island,” and completed construction in 2019 of CJCASAaoao, an inbound inn for wealthy Europeans, Americans, and Australians with the theme of “Feel COOL JAPAN,” which is equipped with numerous Cool Japan Award-winning works. Although there are accommodation facilities such as pensions and guesthouses on Yoroshima, there are no restaurants or cafes, which has been a problem for visitors to the island. In addition, although it has a lot of history and wonderful natural scenery, there were no facilities to convey it as a tourist. At TARGET JAMM, we aim to contribute to the revitalization of Yorojima by conserving and renovating the old folk houses surrounded by coral stone walls to preserve the historical scenery, and by distributing and utilizing the functions needed on the island such as [inns], [cafe/restaurant facilities], [farm direct shop/miscellaneous goods shop], and [tour desk] in each old house. ■ [Yoroshima Visitor Center Ole Ole] Overview] Name: Yoroshima Visitor Center [Ole Ole] Origin of the name: In the dialect of Yoroshima, “Ore Ore” means “Welcome, welcome” Location: 340 Yoroshima, Amami Oshima Ward, Oshima District, Kagoshima Prefecture Site area: 1008.26 square meters (305.53 tsubo) Facilities: Visitor center, cafe, tour desk, island specialty shop, organic farm Completion: April 30, 2025 Business owner: TARGET JAMM Co., Ltd. Facility management: Tour desk, island specialty shop, organic farm, cafe ■ Company profile of our capital alliance partner TARGET Co., Ltd.
https://prcdn.freetls.fastly.net/release_image/154698/3/154698-3-445c3981b60c05a7a882a4d4295782d6-159×53.png Company name: TARGET Co., Ltd. Main store: Nakanoshima Center Building, 6-2-27 Nakanoshima, Kita-ku, Osaka URL:
http://www.target-inc.jp Established: July 3, 2018 (Merged with TARGET DX Co., Ltd. on June 21, 2021) Capital: 93,335,000 yen (including capital reserve) Shareholders: GETTI Co., Ltd. 67.07%, Sankei Shimbun Co., Ltd. 0.05%, Kagawa Securities Co., Ltd. 0.05%, officers and others Representative: Representative Director and President Satoshi Tateishi ・ Officers: Director Teruhiko Ueda, Julian Gigli Business content: Consulting for companies, ministries, prefectures, and medical institutions, regional revitalization and marketing business ■ Company profile after capital increase through third-party allotment
https://prcdn.freetls.fastly.net/release_image/154698/3/154698-3-ad70a83a6632f55f435799777c7b9957-819×261.jpg Company name: TARGET JAMM Co., Ltd. Main store: 92-1 Nakasho, Hayase 19, Mihama-cho, Mikata-gun, Fukui Prefecture URL:
https://target-amami.jp/ Established: August 6, 2024 Capital: 8 million yen (Number of issued shares: 8,000 shares) Shareholders: Julien Giry (43.9% stake), TARGET Co., Ltd. (18.6% stake) ・ GETTI Co., Ltd. (37.5% stake) Representative: Representative Director and President Julien Giry Business content: Inbound & outbound consulting, travel related, accommodation facility management, etc. ■ Overview of GETTI Co., Ltd., our third party allotment capital increase subscriber
https://prcdn.freetls.fastly.net/release_image/154698/3/154698-3-8d49f348967fb967cb964d907dc81ed0-269×64.png Company name: GETTI Co., Ltd. (abbreviation/English notation: GETTI INC.) Head office: 6th and 7th floor, Takanawa Gateway City The Link Pillar1 North, 2-21-1 Takanawa, Minato-ku, Tokyo Group Management Office: Okura Annex 5F, 3-4-1 Ginza, Chuo-ku, Tokyo New Business Development Office: 6-38 Ofuka-cho, Kita-ku, Osaka, Grand Green Osaka North Building JAMBASE 6th floor URL: . Founded: March 1986, Established: December 25, 2014 (Established through the merger of GETTIGROUP Co., Ltd. and Getty Co., Ltd. *Registered date: January 9, 2015) Capital: 100 million yen (Number of issued shares: 10,000 shares) Shareholder: Masato Ota (100% investment) Representative: Representative Director Masato Ota Business content: Branding business, business development/investment development business, management guidance to group companies as a holding company Number of group companies: 12 companies (9 companies and 3 incorporated associations) Above
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