Founded in November 1999 to nurture venture businesses in wireless
and/or internet-related technologies, Mobile Internet Capital
has 3 corporate shareholders, each holding 30% of the total
equity. The remaining 10% of the equity is held by CEO/CIO
Ikuo Nishioka, ex-head of computer research at Sharp
and former President and Chairman of Intel Japan.
NTT DoCoMo is the world's largest single-country cell-phone
operator with a market capitalization of $175 billion. It has
36.4 million subscribers, of whom nearly 18.6 million surf the
net using its proprietary i-mode web-phone technology.
(Figures as of Feb. 2001)
IRI (Internet Research Institute) is the leading internet
technology provider in Japan, focused on high-value-added business
incubation based on its data center, ancillary services and
specialties of router and server operation.
Mizuho Securities is the securities arm of the Mizuho
Financial Group. The Mizuho Financial Group is the largest banking
group in Japan and was formed when Dai-ichi Kangyo Bank, Fuji
Bank and the Industrial Bank of Japan integrated their resources
in September 2000. Mizuho Securities is the result of the merger
of the securities subsidiaries of the 3 banks.