Solving Social Issues through Open Innovation

Corporate Venture Capital

To enrich the global society, we are striving to create new value through open innovation to help solve social issues. To achieve this, we have been engaged in corporate venture capital (CVC) activities since 2018.
In the four domains of mobility, industry, energy, and well-being, we invest in and collaborate with start-ups with innovative technologies, venture capitalists with broad networks, and the like. Under firm partnerships with our investment destinations, we are advancing measures for the sustainable growth of existing businesses, the speedy creation of new businesses, and the medium- to long-term expansion of business portfolio.
Monarch Tractor from Silicon Valley, California, the United States, is one of the start-ups that we invest in. This company has developed the world's first electric smart tractor, which solves problems faced by farmers, such as labor shortages and productivity declines.

Number of CVC investments (cumulative total)

Open Innovation Initiatives

Initiatives for Innovation

In December 2018, we opened MUSASHi Innovation Lab CLUE in front of Toyohashi Station as a platform for innovation. Through industry-government-academia collaboration, we have created this space for encounters with diverse people, including other local companies in the East Mikawa region and people from the local community. We aim to innovate to help solve social issues with unique technologies and novel ideas created through these encounters. MUSASHi Innovation Lab CLUE provides an environment which permits free thinking and high-quality discussion. This makes it appropriate for the creation of new businesses, as well as a good venue for incubation programs fostering entrepreneurs, pitch events aimed at attracting partners and procuring funds for the growth of business, and various activities related to the reinforcement of frameworks for industry-government-academia collaboration.*

*Pitch event: event for quick presentations aimed at procuring funds, attracting partners, obtaining advice, and similar purposes