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Information on Imoto's WiFi service and handling

From Xcom Global Co., Ltd., the distributor of Imoto's WiFi service

We have received notice of business downsizing. Not only the University of Tokyo Co-op First Purchasing Department,

It was a notice of termination of all contracts with agencies

The final day for accepting applications will be July 29th

It is currently unclear what will happen after August

We will contact you as soon as we know

We apologize for the inconvenience and appreciate your understanding.

<Information about overseas communications>

Text from Excom Global Co., Ltd. (excerpt)

Imoto announces reduction of its WiFi service business
As the rainy season begins, we are pleased to hear that your company is experiencing continued prosperity
Our company has been operating its WiFi business with the warm support of everyone since before the COVID-19 pandemic, but we have decided to scale back our operations as of August 2022 (planned)
It is expected that it will take time for overseas demand to return to pre-COVID levels, and in consideration of the balance between future market and capital investment, we have made the management decision to continue operations with a minimum number of staff and costs. Currently, we are investing capital in the medical business, and going forward, we aim to make this our main business pillar and further contribute to society
Therefore, we would like to ask our current distributors to please understand that it will be difficult to continue business with us
Applications will close on July 31st

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