Merger of Tokihanatsu Inc. and R-Square & Company Inc., Launching Xpotential Inc. in January 2024

Midas Capital Inc.

Through the business integration of two companies, each excelling in data analytics and enablement expertise, rapidly and maximally accelerate the penetration of sales enablement.


Midas Capital Inc. (Headquarters: Minato-ku, Tokyo; CEO: Hideki Yoshimura; hereinafter referred to as “Midas Capital”) is pleased to announce that its portfolio company Tokihanatsu Inc. (Headquarters: Shibuya-ku, Tokyo; CEO: Masaya Umeno; hereinafter “Tokihanatsu”) will merge with R-Square & Company Inc. (Headquarters: Chiyoda-ku, Tokyo; CEO: Takahiro Yamashita; hereinafter “R-Square”). The new entity will operate as Xpotential Inc. (pronounced “Exponential”, hereinafter “Xpotential”) starting January 1, 2024.


Background and Purpose of the Merger

Tokihanatsu was established in February 2023 has rapidly expanded to commercialize concept of “sales enablement,” knowledge gained by the growth of portfolio companies of Midas Capital, combined with its unique strengths in data science. Meanwhile, R-Square was founded by Takahiro Yamashita, who previously served as the Head of Sales Enablement at Salesforce, Inc. with a vision to further disseminate the concept of enablement. R-Square has pioneered the “systematization of enablement” and establish a solid track record.

The purpose of this merger is to accelerate and maximize the penetration of sales enablement by integrating Tokihanatsu’s strengths in AI and data analytics with R-Square’s extensive expertise and achievements. The merger is expected to take effect on January 1, 2024. However, to deliver value to client companies as early as possible, the two companies have already begun pre-merger collaboration, including the development of new service packages by leveraging their respective strengths. Midas Capital, observing the substantial growth of its portfolio companies driven by “data-driven sales enablement,” is confident in the utility and potential of sales enablement, as well as its increasing demand in the future. Midas Capital will continue to give great support for Xpotential’s growth in human resource and financial assistance.



■Overview of Xpotential Inc.

Company Name: Xpotential Inc.
Management Team:
CEO & President: Takahiro Yamashita
Vice President & Chief Data Officer (CDO): Shinya Umeno
Chief Operating Officer (COO): Yasushi Ueda
Website: https://xpotential.co.jp/


◆Overview of Midas Capital Inc.

Company Name: Midas Capital Inc.
Representative: Hideki Yoshimura (CEO)
Established: September 2017
Email: marketing@midascapital.jp
Website: https://midascapital.jp/



Overview of each Companies

■Tokihanatsu Inc.
Representative: Masaya Umeno (CEO)
Website: https://tkhnts.co.jp/

■R-Square & Company Inc.
Representative: Takahiro Yamashita (CEO)
Business Activities: Professional services in sales enablement, as well as development, operation, and sales of cloud applications.
Website: https://www.r2-company.com/

◆Overview of Midas Capital Inc.
Company Name: Midas Capital Inc.
Representative: Hideki Yoshimura (CEO)
Established: September 2017
Email: marketing@midascapital.jp
Website: https://midascapital.jp/