OMRON VENTURES’ 2nd Fund certified by METI as the first to be Excepted from Overseas Investment Regulations

• October 17, 2022

The corporate venture capital of OMRON Corporation (HQ: Shimogyo-ku, Kyoto. President and CEO: Yoshihito Yamada), OMRON VENTURES CO., LTD. (HQ: Minato-ku, Tokyo. President and CEO : Tomoko Inoue; hereinafter, “OVC”), announced today that it had its OVC II Investment Limited Partnership (hereinafter, “OVC 2nd Fund”) certified by the Ministry of Economy, Trade and Industry (METI) as an investment business facilitating the utilization of external management resources. With this, OVC 2nd Fund became the first to be certified by METI as an exception to the regulations on overseas investment concerning limited partnership (LPS) (hereinafter, “this Exception”).

In the Limited Partnership (LPS) Act for Investment (hereinafter, the “LPS Act”), whose purpose is to make high-risk investments in small and medium-sized enterprises in Japan, METI previously stipulated that LPSs may allocate less than 50% of their portfolio in securities issued by foreign enterprises.
Now that cross-border open innovation has become the norm, however, METI has established a system that recognizes investment business plans designed to facilitate the utilization of external management resources in an effort to further expedite open innovation on a global scale and help Japanese businesses hone their international competitiveness.
With the OVC 2nd Fund being recognized for this Exception, OMRON VENTURES will accelerate its efforts to pursue the creation of new value for solving social issues through its investment in startups in Japan and beyond, while at the same time working to expedite global open innovation.

• Overview of exceptions from overseas investment regulations concerning investment limited partnership (LPS)
  For an overview of this Exception, please visit the METI website.
  https://www.meti.go.jp/policy/newbusiness/lps.html (in Japanese only)


• About the OVC 2nd Fund

Name	OVC II Investment Limited Partnership
Establishment	January 31, 2022
Fund company	OMRON VENTURES CO., LTD.
Investor	OMRON Corporation
Durations	Fund life: 10 years; Investment period: 5 years
Investees	Startups in their early stage, including seeds, in FA, smart cities, digital health, and energy management domains

About OMRON VENTURES CO., LTD.
OMRON VENTURES CO., LTD. is a corporate venture capital established to create innovation driven by social needs by investing and engaging in joint development with startups from around the globe with original technologies and ideas, with a view toward offering solutions to social issues laid out in OMRON’s Medium- to Long-Term Vision SF2030. Currently, focus domains for its investments include FA, smart cities, digital health, and energy management. For details, please visit https://www.omron.com/omronventures/en/

About OMRON Corporation
OMRON Corporation is a leading automation company with its core competencies in Sensing & Control + Think technology, and is engaged in a wide range of businesses including industrial automation, healthcare, social systems, and electronic components. Established in 1933, OMRON has about 30,000 employees worldwide, working to provide products and services in around 120 countries and regions. In the field of industrial automation, OMRON contributes to the advancement of manufacturing that will support a sustainable society through solutions and service that innovates our customers’ production sites. For more information, visit https://www.omron.com/global/en/