March 28, 2016
  • Rakuten, Inc.

Rakuten Invests in
Autonomous Control Systems Laboratory Ltd.

TOKYO, March 28, 2016 – Rakuten, Inc. (TOKYO: 4755) today announced that it has agreed to invest in Autonomous Control Systems Laboratory Ltd. (ACSL) through underwriting a capital increase by third party allotment and obtaining new shares by Kikuchi Seisakusho Co., Ltd, an existing shareholder.

Drone development and usage is a fast-growing field that has been attracting global attention in recent years. Japan is also making progress with research and development in the form of industry-academia-government collaborations and with creating an environment for commercialization, and further growth is envisaged for the future.

ACSL is a university-originated venture involved in the research and development of drones as well as their manufacture and sale. By applying fully-automated drone technologies developed since 1998 in the laboratory of Kenzo Nonami, a special professor at Chiba University, it is aiming to capture the market with a purely domestically-made drone capable of being used in industrial settings.

In the future, the two companies will work together while capitalizing on their respective strengths in the utilization of industrial drones, in order to deliver innovation to society with technologies and services originating in Japan.

About ACSL

Name:                  Autonomous Control Systems Laboratory Ltd. (ACSL)
Address:              Chiba City, Chiba Prefecture
Representative:   Managing Director & Company President, Kenzo Nonami
Established:         November 1, 2013
Capital Stock:      112,000,000 yen (As of March 28, 2016)
Details of Business:
                                  1.  Research and development of all types of autonomous robot system hardware  
                                  2.  Research and development of all types of autonomous robot system software  
                                  3.  Autonomous robot system manufacturing and sales
                                  4.  Operation and management of autonomous robot systems  
                                  5.  All other types of autonomous robot system-related business
                                  6. Consulting on all of the above
                                  7. All ancillary or related business connected with the above

*Please note that the information contained in press releases is current as of the date of release.

  • Month
  • Year
  • Category
  • Month
  • Year
  • Category