Phillip Securities tokenizes investments in Sony’s “Hero’s Island”

Phillip Securities’ Japanese subsidiary will tokenize silent partnership interests in Sony’s upcoming film “Hero’s Island”, which is scheduled to be released nationwide in 2025, based on issuance technology provided by Securitize Japan.

The Movie

Hero’s Island” is amoving masterpiece depicting the unwavering tenacity of the human spirit, following the lives of boys and girls born in Okinawa during World War II as they face fate and struggle to survive during the turbulent two decades from 1952 under US military rule.

On, Gusuku, Rei, and Yamako are senka agiyaa, who steal supplies from the US military to distribute to the people. One night, their raid on the largest base, Kadena Air Base, fails, and On, the hero of the group, goes missing along with a mysterious prize.

The three remaining friends grow up and go their separate ways, all while continuing to search for On. Gusuku becomes a detective and chooses to cooperate with the US Civil Administration of the Ryukyu Islands to maintain peace and order on the island and find On. Meanwhile, Rei seeks to fight back against the US military by force. Yamako becomes a teacher but is involved in a serious accident, and the former friends drift further apart.

On the night of a historical riot, the three reunite at Kadena Air Base and finally discover the shocking truth about On’s whereabouts and the mysterious prize he obtained.

Security Token Offering Summary

• Type of Securities Offered: Electronic Recording Transfer Rights (Silent Partnership Interests)
• Total Amount of Investment Offering: JPY 368,000,000
• Issue Price: JPY 100,000 per unit
• Number of Units Issued: 3,680 units
• Subscription Unit: 1 unit or more in units of 1 unit
• Issuer (Business Operator): CPF Film Fund LLC
• Fund Manager: FGI Capital Partners Co., Ltd.
• Fund Management Company: Fintech Asset Management Co., Ltd.
• Offering Handler: Philip Securities Co., Ltd.
• Target Film: “Hero’s Island”
• Offering Period: July 24, 2024 to August 13, 2024
• Application Deposit Due Date: August 15, 2024
• Payment Due Date: August 15, 2024
• Investment Period: August 15, 2024 to May 31, 2027 (approximately 3 years), unless terminated earlier pursuant to the silent partnership agreement
• Fiscal Year: August 15, 2024 to May 31, 2025 (first time), and June 1 to May 31 of each calendar year thereafter
• Distribution Date: Within three months from the end of the calculation period (from June 1 to the end of May of each year; provided, however, that the first calculation period shall be from August 15, 2024 to May 31, 2025); in the final calculation period, distributions shall be made until the final dividend is received from the partnership
• Refund Procedures: No right to request a refund during the investment period
• Redemption: Automatically terminates at the end of the investment period

Investor Benefits

Depending on the actual number of units subscribed, investors are entitled to various benefits, with the maximum benefits achieved when subscribing to 30 or more units (i.e., at least JPY 3m invested).

1. Name listed in end credits: Your name will be listed in the end credits of the theatrical release; only available to those who request this benefit after application
2. Invitation to exclusive events: Admission ticket only, transportation expenses are not included
3. Script (1 bound copy): Script distributed to stakeholders during film production (not for sale)
4. Press kit: Materials distributed to stakeholders (not for sale)
5. Invitation to preview screening: Admission ticket only, transportation expenses are not included
6. Theatrical flyer: Promotional flyers distributed at theaters
7. Theatrical poster: Promotional posters displayed in theaters
8. Image board set: Image data of backgrounds, etc., distributed to stakeholders during film production (not for sale)
9. Exclusive video information (Multiple bonus videos until just before release): Access to a dedicated website or digital distribution via email

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