November 27, Tokyo – Brave group announces that it has completed an organizational restructuring to support the sustained growth of its business in English-speaking markets. As part of this initiative, select operations previously managed by Brave group US, a wholly-owned subsidiary of Brave group, have been transferred to FTW Entertainment (“FTW”), a new company founded by Mr. Hayashi, former Brave group US CEO. FTW now operates independently from Brave group.
Brave group will remain a shareholder of FTW and will continue to collaborate with FTW even after its transition to independence.
Background
To ensure sustainable growth in English-speaking markets, Brave group determined that it was essential to accelerate decision-making and establish a structure that enables business leaders to drive initiatives with greater autonomy. In line with this strategic direction, the company implemented an organizational reform to reinforce local operations in those markets.
Brave group will continue to collaborate with FTW as a shareholder and provide its full support, via its investment initiative, Brave global capital.
Transferred Operations
As part of this restructuring, the following businesses previously operated by Brave group US will be transferred to FTW, which will manage them independently:
- ChromaSHIFT
- Oshi Live
- The newly established initiative: NLiTE
FTW aims to accelerate the growth of its business in English-speaking markets through flexible and rapid business development focused on local operations.
New Brave group US Leadership
Following FTW’s transition to independence, Brave group US has renewed its leadership structure:
CEO: Kotaro Sone (Chief Revenue Officer, Brave group)
Director: Tomoya Fujisaki (Joined the V4Mirai project from its inception as Producer)
Under its new leadership, Brave group US will focus on the operation of V4Mirai, strengthening initiatives that support the project’s growth and further expand its fan community.
About Brave global capital
Brave global capital (BGC) is the investment initiative led by Brave group, aimed at building a global ecosystem that can leverage and maximize the potential and profitability of the group’s various IPs through mergers, capital and business alliances, and other strategic collaborations.
BCG provides support to the companies under its umbrella primarily across four key areas: Contents, Global Expansion, Finance and New Technologies.
Official Website: https://bravegroup.co.jp/bgc/
