Aug. 31, 2017

Toyota Announces Partners Selected for Joint Development of Services
for the TOYOTA NEXT Open Innovation Program

 

Toyota City, Japan, August 31, 2017―Toyota Motor Corporation (TMC) has concluded a selection process that started in December 2016 for the TOYOTA NEXT open innovation program. The following five companies have been selected to collaborate with Toyota in the program.

The Five Selected Companies
The Five Selected Companies (Caulis Inc. / giftee Inc. / Sharenori Inc. / Nightley Inc. / Ateam Inc.)

TOYOTA NEXT is a program launched by Toyota to address the major challenges that Japan is expected to face in the future, including a low birth rate, an aging population, growing urban population density, and depopulation of rural areas. These challenges have led to an increase and diversification of customer needs, brought about by a rise in IT and technology, and the program aims to address the emergent variety of needs in a flexible and agile manner.

The program is intended to promote joint development of new services by utilizing new ideas, technologies, and solutions initiated and driven by a wide range of organizations, including corporations, SMEs, startups, and research institutions. Toyota aims to work with TOYOTA NEXT partners to develop services that improve the user-friendliness of its customers' cars, make daily travel more convenient and comfortable, and help achieve a safer and more reliable mobility society. The program also aims to develop people-centered services to provide customers the experience of an exciting future to look forward to.

During the selection process, Toyota received over 500 submissions on a broad range of ideas from innovative ones aimed at consumers to those leveraging Toyota's unique technological capabilities.

The following five major factors were considered in the selection process:

  1. Ideas that solve issues faced by people and society
  2. Possession of sufficient technological, developmental, and service capabilities
  3. Enthusiasm to implement ideas
  4. Utilization of assets of both companies (Toyota and the selected company)
  5. Feasibility for both companies (Toyota and the selected company)

Shuichi Murakami, a managing officer with Toyota, commented that, "We are grateful to be able to find new partners to help in developing new services. We will strive dutifully to realize these services and expect to learn much along the way."

As the TOYOTA NEXT initiative moves forward, Toyota will have discussions with the selected companies on specific service content, a schedule for launch, in addition to details regarding capital arrangements and cooperation.

Please refer to the following link for more details on TOYOTA NEXT
https://toyotanext.jp/en/

TOYOTA NEXT Selected Companies
1
Company name
Caulis Inc.
Representative
Atsuyoshi Shimazu
Address
FINOLAB, 4F, Otemachi Bldg, 1-6-1 Otemachi, Chiyoda-ku, Tokyo
Established
December 2015
Capital reserve
45,500,000 yen
Company website
https://caulis.jp/en/
Direction of cooperation
Application of the risk detection service possessed by Caulis to mobility services, in particular to the connected cars and security enhancement.
2
Company name
giftee Inc.
Representative
Mutsumi Ota
Address
5F Saisei-Ikedayama, 5-10-25 Higashi Gotanda, Shinagawa-ku, Tokyo
Established
August 2010
Capital
195,005,000 yen
Company website
https://giftee.co.jp/
Direction of cooperation
Development of services for owners utilizing Giftee's platform for delivering e-gifts.
3
Company name
Sharenori Inc.
Representative
Masato Tahira
Address
11F Wacol Shinjuku Daiichi Bldg. 7-7-26, Nishi Shinjuku, Tokyo
Established
January 2015
Capital
51,000,000 yen
Company website
https://sharenori.com/
Direction of cooperation
Research and development of new mobility services utilizing the car-sharing service offered by Sharenori, in order to provide greater freedom and ease in car use, and to increase opportunities for car use.
4
Company name
Nightley Inc.
Representative
Yutaka Ishikawa
Address
4F Nanpeidai Nozaka Bldg, 15-11 Nanpeidaicho, Shibuya-ku, Tokyo
Established
January 2011
Capital
140,255,000 yen
Company website
http://nightley.jp/
Direction of cooperation
Development of services to provide data for area marketing using Nightley's mobility data and data analysis technology.
5
Company name
Ateam Inc.
Representative
Takao Hayashi
Address
32F Dai Nagoya Building, 28-12 Meieki 3-chome, Nakamura-ku, Nagoya, Aichi
Established
February 2000
Capital
535,000,000 yen
Company website
http://www.a-tm.co.jp/en/
Direction of cooperation
Development of services to enhance convenience and peace of mind for customers in the used vehicle business, utilizing Ateam's web marketing technology and automotive-related services.