Nexyz. Corporation
Nexyz. Corporation (株式会社ネクシィーズ Kabushikigaisha Nekushiizu; Tokyo Stock Exchange: 4346) is a publicly traded holding company headquartered in Tokyo, Japan. Nexyz. Corporation controls a group of online media, sales and other companies, with eight major offices located throughout Japan.
Nexyz. Corporate Group
- Nexyz. Corporation
- Nexyz.BB Corp
- Brangista Inc.
- Hakubi School (Hakubi Corporation)
- DiNA Inc.
- Nexyz.Trade, Inc
- Nexyz. Marketing
Other Affiliated Companies
- NexGate
- Recolife
Nexyz. Social Contribution
- Passion Leaders
- Hoshino Dreams Project
- Michie Nakamaru Support Group
Company History
Nexyz. Corporation was originally founded as Japan Electric Communications (Nihon Denki Tsushin 日本電機通信) in May 1987 in Osaka, Japan by Takami Kondo, a 19-year-old entrepreneur. After changing its corporate name to Nexyz. Corporation in December 2000, the company conducted an initial public offering in March 2002 on the Nasdaq Japan market (Osaka Stock Exchange), and later on the First Section of the Tokyo Stock Exchange and First Section of the Osaka Stock Exchange in November and December 2004. Takami Kondo remains President and Representative Director of Nexyz. Corporation as of December 2012.
At the time of the Nexyz. Corporation IPO, Takami Kondo was the youngest executive ever, at age 37, to lead a publicly traded company in Japan
The corporate name "Nexyz." is a combination of the words "next" and "xyz," representing the company's focus on continuously looking toward new challenges.
Lines of Business
The Nexyz. Group is organized into three major business segments: Broadband Business, Solutions Services, and Cultural Education.
Broadband Business Segment
Nexyz. BB Services (Nexyz.BB)
:Nexyz.BB sells Internet access to consumers, receiving monthly subscription payments called ISP Usage Fees. In addition, Nexyz.BB offers restaurant and hotel discounts, free LAN, security, and other related services. ISP Usage Fees collected by Nexyz.BB includes payments received for these add-on services.
Nexyz.BB Subscription Sales (Nexyz.BB)
:Nexyz.BB sells Nexyz.BB services, mainly through telemarketing. This allows the company the chance to interact directly with the customer, proposing the best service according to the customer needs for connection speeds and other add-on services. This sales method also lets Nexyz.BB work directly with consumers who may have never used the Internet. Nexyz.BB receives performance-based incentives from Internet infrastructure companies for signing new subscribers.
Solutions Services Segment
Solutions Services (Brangista)
:The Nexyz. Solution Services Business provides product/service sales support for corporate clients. The Brangista business model is to sell cross-domain products and services, helping clients win new customers and engage repeat business. More specifically, Brangista activities including creating e-commerce websites, selling inventory management software, insourcing telemarketing services, and offering email broadcasting and sales promotion services.
Advertising Sales and Placement (Brangista)
:Brangista offers clients advertising sales and placement services, mainly through its monthly online travel magazine, Tabiiro. Brangista contracts with notable Japanese celebrities to use in articles featuring seasons and travel destinations throughout Japan. Tabiiro clients consist of inns, hotels, restaurants, and leisure facilities, for which Brangista creates feature articles and guide maps.
- Brangista also provides an online reservation service for clients through the Tabiiro website.
New Securities Trading Accounts (Nexyz.Trade)
:Nexyz.Trade uses telemarketing, special websites, and Internet advertising to approach consumers who are interested in opening online stock trading accounts. Nexyz.Trade also provides new account setup and after-service support for SBI SECURITIES Co., Ltd. Nexyz.Trade earns commissions out of fees generated from trading account activity.
Insurance Agency Services (Sonia Partners)
:Sonia Partners uses telemarketing to sell insurance products. The company receives a portion of commissions generated from premiums.
Recurring Commissions from Information Systems Providers (Nexyz. Corporation and Others)
:Nexyz. Corporation and others Group companies conduct telemarketing sales on behalf of information systems companies, receiving recurring commissions from a portion of subscriber fees.
Cultural Education Segment
The Nexyz.Group operates kimono dressing, cord braiding, torn paper collage, and other classrooms. The segment also earns revenues from sales of kimonos and accessories.
Classroom Operations (Hakubi)
:Hakubi operates classes teaching kimono dressing, cord braiding, torn paper collage and other traditional Japanese cultural arts. The business attracts students in locations all over Japan to participate in classes led by expert instructors. Hakubi revenues come from monthly class fees paid by students.
Kimono and Accessories Sales (Hakubi)
:The Hakubi business sells kimonos and accessories through classes, seminars, exhibitions, and local production facilities to students or members.
Major Corporate Milestones
The following are major milestones in the history of Nexyz. Corporation.
May 1987
- At 19 years of age, Takami Kondo founds Japan Electric Communications Co., Ltd. (Nihon Denki Tsushin 日本電気通信), a home telephone sales business in Tennoji, Osaka.
February 1990
- Kondo founds Japan telex Corporation (株式会社日本テレックス) with ¥10 million in capital (Suita City, Osaka). The company introduces a flat ¥2,000 per month telephone service called Terumi System.
July 1991
- Japan telex Corporation begins sales of mobile phone handsets representing NTT DoCoMo and IDO (now KDDI).
April 1992
- Japan telex Corporation launches Tell me Credit, a private-branded credit card for customers to use in paying for Japan telex services.
May 1994
- Japan telex Corporation moves its head office to Shibuya, Tokyo.
July 1995
- Japan telex launches a PHS service; signs partnership to open the first "NTT Personal" store.
March 1998
- Japan telex Corporation moves head office to the Shibuya Infoss Tower located in Sakuragaoka-cho, Shibuya, Tokyo
April 1999
- Japan telex launches subscription support services for Digital Club (currently ClubiT), a service offering free communications satellite (CS) broadcast receiver rentals
January 2000
- Japan telex Corporation officially changes its name to Nextel Corporation (株式会社ネクステル)
May 2000
- Nextel Corporation begins sales of WOWOW (BS broadcast) services
June 2000
- Nextel receives an equity investment from SOFTBANK Investment Co., Ltd.
November 2000
- Nextel develops and sells Ferrari F1 Racing brand mobile phone
December 2000
- Nextel Corporation officially changes its corporate name to Nexyz. Corporation
April 2001
- Nexyz. Corporation signs a sales agreement to represent au Corporation (presently KDDI Corporation)
October 2001
- Nexyz. Corporation begins sales of SOUND PLANET (CS digital music broadcast)
December 2001
- Nexyz. Corporation begins sales of Digital WOWOW Rental Service (Digi Luck)
March 2002
- Nexyz. Corporation makes initial public offering on the Osaka Stock Exchange Nasdaq Japan market
May 2002
- Nexyz. Corporation signs agreement to represent SOFTBANK BB Corp as a primary sales agent
- Nexyz. Corporation signs agreement to represent SKY Perfect Communications, Inc. as a primary sales agent
June 2003
- Nexyz. Corporation establishes F.C. Nexyz. Corporation as an affiliate of S.P. Nexyz. Corporation
February 2004
- Nexyz. Corporation announces business agreement with E*TRADE SECURITIES Co., Ltd. for securities brokerage services (currently Financial Instruments Intermediary Service Provider)
July 2004
- Nexyz. Corporation signs agreement to represent JAPAN TELECOM Co., Ltd. as a sales agent
October 2004
- Nexyz. Corporation moves head office to Nexyz Square Building in Sakuragaoka-cho, Shibuya, Tokyo
November 2004
- Nexyz. Corporation lists shares on the First Section of the Tokyo Stock Exchange
December 2004
- Nexyz. Corporation lists shares on the First Section of the Osaka Stock Exchange
March 2005
- Nexyz. Corporation establishes Nexyz. Trade, Inc. in a joint venture with E*TRADE SECURITIES Co., Ltd. to perform securities brokerage (currently Financial Instruments Intermediary Service Provider) services
- Nexyz. Corporation establishes UCC Nexyz. Inc. in a joint venture with UCC FOODS Co., Ltd. to perform wholesale support services via telemarketing for commercial food sales
July 2005
- Nexyz. Corporation establishes SONIA PARTNERS Corporation in a joint venture with NEWTON FINANCIAL CONSULTING, Inc. to perform insurance agency services
August 2005
- S.P. Nexyz. Corporation changes its official corporate name to Nexyz.BB Corporation to participate in ISP services as consumer Internet Service Provider Nexyz.BB
September 2005
- Nexyz. Trade, Inc. completes registration as a securities brokerage (currently Financial Instruments Intermediary Service Provider)
November 2005
- Nexyz.BB begins ISP services
April 2006
- Nexyz. Corporation folds its Telemarketing Division into Nexyz. Communications Corporation
- Nexyz. Corporation transitions to a holding company structure
- Nexyz. Corporation adopts the first synthetic ESOP, arranged by Sumitomo Mitsui Banking Corporation
August 2006
- Nexyz. Corporation acquires ISO/IEC 27001:2005 and JIS Q 27001:2006 certifications (information security management systems)
October 2006
- Nexyz. Group and SOFTBANK MOBILE Corp. sign a business agreement; Nexyz. Group begins selling mobile communications devices
February 2007
- Nexyz. Corporation establishes Brangista, Inc. as a joint venture with Nexyz.Entertainment Corporation to offer comprehensive entertainment content operations
- Nexyz.Entertainment Corporation changes its official corporate name to Nexyz. VP, Inc. to offer IPO support services and invest in venture firms
November 2008
- Brangista, Inc. and Rakuten Travel, Inc. sign a business agreement
February 2009
- Debut publication of Tabiiro Luxury Stays, a joint special feature between Tabiiro and Rakuten Travel
April 2009
- Nexyz. Corporation makes Hakubi Total School a subsidiary
- Nexyz acquires shares of National Education Industry Association Inc., operated by Hakubi Total School, from Yamaha Holdings Corporation
December 2009
- Hakubi unveils the debut publication of kiino, a magazine promoting kimonos
February 2010
- Nexyz. Corporation introduces EC TENCHO, an ASP online shopping platform
August 2010
- Travel magazine Tabiiro launched through Magastore
November 2010
- Debut publication of Tabiiro Monthly, an online travel magazine
June 2012
- Jukes, Inc. changes its official corporate name to DiNA, Inc.
September 2013
- Nexyz announces the sale of 20,909 shares of Brangista stock to Rakuten and Gentosha.