Change to full year results announcement date

Metaps Inc. announces that it has changed the date of its full year results announcement for the Fiscal Year Ended August 31, 2017 from Monday, 16 October 2017, to Friday, 20 October 2017 to ensure accurate financial reporting and statements.

Metaps joined Japan's Blockchain Collaborative Consortium (BCCC) - explore future possibility of virtual currency issuance with “Timebank”-

 Metaps, Inc. (“Metaps”) joined Japan's Blockchain Collaborative Consortium (“BCCC”) (*1). BCCC was inaugurated with objectives that included spreading and building awareness of blockchain technology (*2), promoting its research and development, encouraging related investments, and collaborating with overseas blockchain organizations.

Metaps Signs Capital Participation and Business Cooperation Agreement with the Aim of Providing New Payments Services -Working Towards Digital Wallets for Electronic Payment and Leveraging Big Data-

 On April 14, 2017, Metaps Inc. (CEO: Katsuaki Sato),Mizuho Financial Group, Inc. (President & Group CEO: Yasuhiro Sato), Mizuho Bank, Ltd. (President & CEO: Koji Fujiwara), and WiL LLC (CEO: Gen Isayama) signed an agreement for capital participation and business cooperation for the purpose of providing a new settlement service using FinTech.

Acquisition of Smartcon Co. Ltd.

On October 25, 2016, Metaps, Inc. (“Metaps”) announced its acquisition of Smartcon Co. Ltd. (“Smartcon”), a top prepaid card operator in Korea. Metaps acquired 51% of the outstanding common stock of Smartcon from the management of Smartcon for KRW 10.2billion in cash.Metaps operates marketing business and finance business to build own economic zone under the mission of “To be the World’s Brain - Empowering people to make smarter decisions through computer learning-”. Metaps operates 8 offices globally and its overseas revenue reached approx. 60% of the revenue for marketing business in FYE16/8. In Korea, the market for mobile payment service is growing rapidly and Smartcon is currently leading domestic market as the top operator.Metaps recently announced its “Midterm Management Policy 2020” and finance business is stated as the key business area. This transaction is the first step for Metaps to start finance business in oversea and Metaps aim to provide new payment service by combining Metaps’s experience in smartphone marketing / online payment and Smartcon’s knowledge in issuing prepaid card / e-money. 

Basic Agreement for Business Tie-up with the Aim of Providing New Payments Services

Today, Mizuho Financial Group, Inc. (President & Group CEO: Yasuhiro Sato), Mizuho Bank, Ltd. (President & CEO: Nobuhide Hayashi), Metaps Inc. (President: Katsuaki Sato, (Metaps)), and WiL LLC. (Co-Founder & CEO: Gen Isayama, (WiL)), formed a basic agreement to begin co-operation with a view to a business tie-up with the aim of utilizing FinTech to provide new payments services.The tie-up between the four companies (Mizuho Financial Group, Mizuho Bank, Metaps, and WiL) will bring together Mizuho's customer base and expertise in financial services with Metaps’ data analysis technologies and online payments knowledge, and include support from WiL, a venture capital firm with an extensive network of cutting edge service providers, with the aim of creating and providing the following new payments services utilizing FinTech.

Notification on the appointment of a candidate outside director as a corporate advisor

Metaps Inc. (Head Office: Shinjuku-ku, Tokyo; President: Katsuaki Sato, “Metaps”) hereby announces that Mr. Ken Takayama, who is a former CFO of Rakuten, Inc., (“Rakuten”) was appointed as a corporate advisor to our company from this September, prior to his nomination as a candidate for an outside director. The selection of outside directors is to be discussed at the 9th ordinary general shareholders’ meeting scheduled to be held in November 2016.We have expanded our global operation in 8 countries within the fast-growing internet industry mainly utilizing data technology for advertising and financial services with the corporate vision of “Empowering people to make smarter decisions through computer learning”.Mr. Takayama started his career at The Industrial Bank of Japan, Limited (current Mizuho Bank, Ltd.) and joined Rakuten in November 1999 as a Senior Director. Since 2013, Mr. Takayama was primarily responsible for managing the financial strategy as group CFO of Rakuten. He has deep understanding of our corporate culture and will offer his experience and knowledge to build up our FinTech business and to enhance our long term corporate value and corporate governance. Metaps plans to discuss the selection of outside directors at the 9th annual meeting of shareholders, for the purpose of improving the soundness and transparency of our business administration and strengthening our corporate governance.

Acquisition of PAYDESIGN, Inc.

On April 14, 2016, Metaps, Inc. (“Metaps”) announced its acquisition of PAYDESIGN, Inc. (“PAYDESIGN”), a leading payment service company in Japan (the “Transaction”). Metaps acquired all of the outstanding common stock of PAYDESIGN from DRC Capital group, Japanese private equity funds, for JPY 2,880million in cash.