CyberAgent Sets Up Company to Run My365 Photo App, Targets 1.5M Downloads

A couple of months back we told you about a camera app from Japan called My365, which at that time had attracted more than 100,000 downloads over a ten-day span. Since then it has racked up over 300,000 downloads, gaining popularity abroad as well as in Japan. As we mentioned that the time, the organization of this photo app into a well-designed calendar presentation really makes it stand out as a sort of photo journal service.

And today CyberAgent (TYO:4751) is announcing that it is establishing a new 100 percent consolidated company named Sirok Inc which will be running the My365 services as of January 20. The details of this situation seem a little bit complicated to us, but we’re told that Yuta Iizuka, who is scheduled to join CyberAgent in April, will be the company’s president.

The goals for Sirok are apparently pretty lofty too. A CyberAgent representative tells us that Sirok is hoping for 1 million downloads of My365 by March, and 1.5 million downloads by May. As for a business model (the app is currently available for free), we’re told that less-intrusive ads or fees for special functions (which have yet to be determined) could be in the works. The company will also be working on developing an Android version of My365.

You can learn more about the app over on my365.in, and iOS users can download it here.