OPENREC Raises 1.4 Billion Yen as mellow-fan Rebrand Drives Sales Growth
OPENREC Inc. raised 1.4 billion yen through a third-party allotment capital increase and loans from Shoko Chukin Bank and Japan Finance Corporation, bringing cumulative funding to 3.8 billion yen.
1 source 6d ago
Reporting from 1 source: ASCII.jp.
Why it matters
The raise follows OPENREC's decision to convert a live streaming service into a fan community platform, and the disclosed 1.5x sales growth is the company's evidence that bundling streams, events, and goods into one operation brings in more revenue per fan.
Key Facts
- OPENREC Inc. raised 1.4 billion yen through a third-party allotment capital increase and borrowings from Shoko Chukin Bank and Japan Finance Corporation.
- The funding brings OPENREC's cumulative funding to 3.8 billion yen.
- OPENREC rebranded its live streaming service OPENREC.tv to the fan community platform mellow-fan on July 1, 2026.
- OPENREC reports sales in the previous fiscal year at 1.5 times the prior year, with growth in subscription members, goods, events, and advertising.
- OPENREC says event goods sales exceeded 100 percent of ticket sales.
The company rebranded its live streaming service OPENREC.tv to the fan community platform mellow-fan on July 1, 2026. Sales in the previous fiscal year were 1.5 times the prior year, with growth in subscriptions, goods, events, and advertising.
The subscribers are Iyo Venture Fund No. 8 Investment Business Limited Partnership, Nippon Growth Capital Investment Corporation, and JP Investment Regional/Impact No. 1 Investment Business Limited Partnership. OPENREC also borrowed from Shoko Chukin Bank and Japan Finance Corporation. Since the July 1, 2026 rebrand, the company says it has handled fan community operations for artists and talents including KAWAII LAB., and that event goods sales exceeded 100 percent of ticket sales. The stated plan for the new money is to strengthen its provision system as fandom infrastructure and to pursue its own IP and overseas expansion.
Written with AI by Yomimono from the 1 cited source below, including Japanese-language reporting where cited. See our editorial policy.
Add Yomimono as a preferred source on Google