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2024.10.31Press release

Investment in Adora Inc., a company providing monitoring services for children’s smartphone usage.

Lotte Ventures Japan Co., Ltd. (Head Office: Shibuya-ku, Tokyo; President & Representative Director: Takeaki Kokubu) hereby announces that it has executed an investment, through a third-party allotment of new shares, in Adora Inc. (Head Office: Setagaya-ku, Tokyo; President & Representative Director: Naoto Tomita; hereinafter “Adora”).

Adora provides “Kodomamo,” a security application designed to address parental concerns regarding children’s smartphone usage. The business originated as a highly impactful industry–government–academia collaboration project involving the Aichi Prefectural Police, Fujita Health University, and Adora. Within approximately one year of launch, the app has surpassed 90,000 users across Japan and South Korea.

In recent years, the widespread adoption of social media has heightened risks associated with children’s smartphone usage. Incidents involving contact with strangers leading to criminal activity, as well as issues such as bullying and online harassment among peers, have become increasingly prevalent.

Adora goes beyond traditional security applications that merely restrict access to harmful websites. By incorporating detection features for communications conducted via social media, the company provides a proactive system designed to protect children from potential dangers before incidents occur. We believe that under President Tomita’s leadership, “Kodomamo” can gain widespread adoption and deliver safety and peace of mind to both children and parents.

We are grateful for the opportunity to partner with President Tomita and his outstanding team. Going forward, we will leverage the assets of the Lotte Group in both Japan and South Korea to fully support Adora’s continued growth.

Company Overview
Company Name: Adora Inc.
Location: Setagaya-ku, Tokyo, Japan
Established: July 2023
Representative: Naoto Tomita, President & Representative Director
Business: Development and provision of “Kodomamo,” an AI-powered application that comprehensively addresses parental concerns when children begin using smartphones
Website: https://www.kodomamo.com/

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