HENNGE K.K. (Headquarters: Shibuya-ku, Tokyo; CEO: Kazuhiro Ogura), which develops and sells unique services to bridge the gap between technology and reality with the mission of “Liberation of Technology,” is pleased to announce that it plans to establish a joint venture in Delaware, the US in April 2025.
HENNGE resolved at the board of directors meeting held on March 21, 2025, to establish a joint venture with SunBridge Corp. (Headquarters: Shibuya-ku, Tokyo; Founder & Chairman: Allen Miner) through joint investment.
1. Purpose of Establishing the Joint Venture
HENNGE, under the vision of “Liberation of Technology,” has developed its businesses revolving around HENNGE One, a comprehensive service that supports companies transitioning to cloud-based work styles. It offers robust access control for multiple services through a SaaS authentication platform, information leakage prevention functions like email misdelivery prevention and file sharing management, and additional cybersecurity measures against ransomware and targeted email attacks.
The company has set a medium-term goal to strengthen its activities for further long-term growth. These activities include taking on the challenge of overseas expansion to dramatically grow ARR in the future. To meet this new challenge, the company plans to establish a joint venture with SunBridge Corp., which has a deep knowledge of the IT industry, and utilize the expertise of both companies to expand HENNGE One into the US market.
2. Outline of the Joint Venture to be Established
Company Name: HENNGE Inc. (tentative name)
Head Office: State of Delaware, United States
Representatives: CEO, Robert Sharp
Business Details: Sales of HENNGE One
Capital: USD 10 thousand
Date of Establishment: April 2025 (planned)
Fiscal Year End: September
Major Shareholders: HENNGE K.K.: 51%, SunBridge Corp.: 49%
3. Overview of the Joint Venture Partner
Company Name: SunBridge Corporation Inc.
Address: 1-5-5 Ebisu, Shibuya-ku, Tokyo
Representatives: Allen Miner
Business Details: Investment
Capital: JPY 90 million
Date of Establishment: September 2010
4. Milestones for the Establishment of the Joint Venture
1. The Joint Venture Agreement Conclusion is planned in March 2025.
2. Joint Venture Establishment is planned in April 2025.
3. Business Start is planned in April 2025.
About HENNGE K.K.
Established in November 1996, HENNGE K.K. is a SaaS company guided by the philosophy of “liberation of technology to change the world.” It develops and sells unique services that bridge the gap between technology and reality, providing “HENNGE One,” a one-stop cloud security service that enables consolidated IDs and passwords management of multiple cloud services, and “Customers Mail Cloud, ” a cloud email distribution service. Since October 2019, HENNGE has been listed on the Tokyo Stock Exchange (TSE), the TSE Growth (ex Mothers).
The company name “HENNGE” originated from the Japanese character for transformation, ‘HENNKA’ and ‘CHALLENGE’ representing its commitment to embracing every change as an opportunity.
Company name: HENNGE K.K. (securities code: 4475)
Address: Daiwa Shibuya Square, 16-28 Nanpeidaicho, Shibuya City, Tokyo
Representative: Kazuhiro Ogura (Representative Director, Chief Executive Officer)
URL: https://hennge.com/
– Contact information for inquiries regarding this press release
HENNGE K.K.
Corporate Communication Division
Email: info@hennge.com
TEL: 03-6415-3660
Person in charge: Yamamoto
*The names of companies, products, and services mentioned in this press release are trademarks or registered trademarks of HENNGE.K.K. or other related organizations.