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Recruit invests in US-based Japanese pop-culture firm

October 26, 2015

Recruit Holdings Co., the world’s fifth-largest staffing firm, made another investment in a nonstaffing entity, this time in Tokyo Otaku Mode Inc., headquartered in Torrance, Calif.  

Tokyo Otaku Mode Inc. operates “Tokyo Otaku Mode” which disseminates information on Japanese animation, cartoons, fashion, music and events in English and “Tokyo Otaku Mode Premium Shop,” a cross-border e-commerce website. The firm plans to use the funds raised to gain more users and expand its services.

The investment was made by RSP Fund No. 6 LLC, operated by Recruit Strategic Partners. The amount invested was not released.

“As information and goods around the world are shared globally, reflecting an environment where the sales and purchase of goods are becoming easier owing to the development of distribution networks, the cross-border e-commerce market, where cross-border online business transactions take place, continues to expand," Recruit said in a press release.

Recruit also operates publishing businesses in Japan, and this is not the first nonstaffing investment for the company.