The “Open Innovation Challenge TSUBASA 2021”, co-chaired by JICA and IDB Lab, has been successful beyond expectations “with a framework built to systematically source Japanese innovative social solutions,” said Toshitaka Takeuchi, Principal Advisor to IDB Lab’s CEO.

Dream Incubator (“DI”) seeks to expand its media-related IP capability with the acquisition of PEACS and a portion of publishing business of Ei Publishing Co., Ltd in November 2020.

The COVID-19 pandemic has a severe impact on Japan’s economy, especially business activities in the manufacturing industry and the supply chain. Though the future is hard to foresee, it is believed that companies who take steps to prepare for the post-pandemic world will keep ahead of the future competition.

Have you ever heard of “The Transformation 20” rankings? It’s a regular report published by INNOSIGHT that ranks 20 top global innovative firms achieving successful transformations selected from S&P500 and Forbes Global 2000’s list. The 2019 list includes notable names including Netflix with its famed switch from DVD rental to streaming services.

An interview with PEACS Inc. top executives has been released on Media Innovation – Japan’s digital media information hub. As an investor, DI identifies PEACS as a very potential investment target as the company expects great business growth from reviving an industry with a lot of room for innovation like publishing.