Oga Machi Kikaku, Founded by Inat Agave and Partners, Secures 60 Million Yen via Revenue-Linked Private Placement Bonds
Overview of Financing
Oga Machi Kikaku Co., Ltd., based in Oga City, Akita Prefecture, has announced that it successfully raised a total of 60 million yen through the issuance of a regional co-creation private placement bond known as the "Oga Machi Bond." Payment for the bonds was completed on June 30, 2026. This fundraising initiative was carried out with the support of Fanbase Company, Inc.
Corporate Background and Establishment
The company is a joint venture between "Inat Agave Co., Ltd.," which operates a craft sake brewery, and "NEWLOCAL Inc.," an urban development startup. Established on March 22, 2023, Oga Machi Kikaku engages in branding centered around Oga City's local cuisine and alcohol, area management, and real estate development.
Use of Funds and Future Outlook
The raised funds will be allocated toward the development of "CADAR," a food-focused exchange hub created by renovating the former Shindo Ironworks. CADAR is a multi-functional facility featuring a distillery, retail shops, and dining spaces, aiming to serve as a base for revitalizing local industries and generating new flows of visitors.
Characteristics of the "Oga Machi Bond"
This private placement bond features a unique structure where a portion of the interest rate is linked to the annual revenue of the CADAR business. Investors are positioned not merely as creditors, but as "partners" who share in the growth of the business. By hosting general meetings for bondholders, the initiative creates a co-creative funding model that fosters sustainable engagement between the local community and capital providers.
Participating Partners
- Aihome Co., Ltd.
- Akita Kairiku Co., Ltd.
- Chuo Kenso Co., Ltd.