These Terms of Service provide for the conditions for using BIZIT M&A (the “System”), a system for efficiently conducting mergers, company splits, business transfers, share transfers, and other transactions (“Sale and Purchase”) regarding companies or businesses (“Business Assets”), provided by BIZIT Inc. (the “Company”).
[Contact Information for Inquiries about these Terms of Service and the System]
For inquiries about these Terms of Service or the System, please contact the Company via the inquiry form or by the contact details below.
Address: Pacific Century Place Marunouchi Floor 30, 11-1 Marunouchi 1-Chome, Chiyoda-ku, Tokyo
Company name: BIZIT Inc
E-mail address: firstname.lastname@example.org
These Terms of Service shall be effective from 1st January, 2018.
The revised Terms of Service shall be effective from 1st July, 2019.
The revised Terms of Service shall be effective from 24th November, 2020.
The revised Terms of Service shall be effective from 13th September, 2021.
The revised Terms of Service shall be effective from 22th February 2022.
BIZIT BIZIT M&A has received certification from the TRUSTe Privacy Program.
TRUSTe is an independent corporation in the US and its purposes are to enhance the confidence of internet users by spreading principles regarding the use, disclosure and provision of personal information and prior consent pertaining to these principals.
By receiving TRUSTe certification and displaying the TRUSTe logo, BIZIT agrees to undergo inspections by TRUSTe regarding the public disclosure of its processing methods of personal information and its policies and practices regarding that processing.
Please note that BIZIT does not obtain any sensitive customer information such as information concerning customer health, genetic information, sexual orientation, and the like when providing its services.
BIZIT shall only use personal information it obtains from customers through its services for the following purposes of use:
If it becomes necessary to use personal information for any purpose other than the above, BIZIT shall take procedures necessary under applicable laws and ordinances.
BIZIT will process the personal information of customers in accordance with applicable personal information protection regulations.
Since the personal information the customers provide is necessary for BIZIT to provide its services, customers who do not provide their personal information may be unable to use BIZIT’s services, or may experience other detriments such as a portion of the functions of BIZIT systems working incorrectly.
BIZIT retains the personal information of customers for the period necessary in order to satisfy the purposes of use of that personal information or for the period necessary to perform its obligations under applicable laws and ordinances, etc. However, BIZIT will promptly delete the information when the information does not need to be retained.
BIZIT acquires the personal information of customers directly from the customer. However, BIZIT may indirectly obtain information regarding customer transaction histories, the types of BIZIT products or services or the like which the customer engages in transactions with, or any other such related transaction information from Houlihan Lokey Inc. or its subsidiaries (hereinafter referred to as the “Houlihan Lokey Group Companies”), and BIZIT may indirectly obtain from business partners and business contractors of the customer corporate information from the company that customer belongs to.
BIZIT shall not provide or disclose the personal information it collects to any third party unless the personal information falls under any of the following cases. For joint utilization by BIZIT’s group companies, please refer to “Joint Utilization of Personal Information”.
The third parties BIZIT provides the personal information of customers to are as follows. If its necessary to provide the personal information of customers to a third party other than the following, BIZIT will take the legally required measures.
Please note that BIZIT may retain a subcontractor to implement part of its services and may engage such subcontractor to the extent necessary to process the personal information. In such case, BIZIT will conduct the appropriate supervision of the contractor in accordance with applicable laws and ordinances and the standards prescribed by BIZIT.
BIZIT may share customer information which is unidentifiable or statistical information without limitation.
BIZIT may jointly utilize the personal information prescribed in item (1) of this section with its group companies prescribed in item (2) of this section only for the purposes prescribed in item (3) of this section.
(1) The categories of personal information which may be jointly utilized with BIZIT’s group companies:
(i) name, address, nationality, date of birth, telephone number, e-mail address, information of the company which the relevant person belongs to, department name, title, information regarding transaction needs (public information and other related personal information) ;
(ii) transaction histories, the types of products or services, etc. of BIZIT which the relevant person engages in transactions with, and other related transaction information;
(iii) information necessary for managing transactions or usage such as control numbers including customer numbers, etc.; and
(iv)information such as access histories (access logs) or service environments (including types of operating systems and browsers) when a customer accesses or uses BIZIT’s website.
(2) The scope of a jointly utilizing person:
Houlihan Lokey Inc. or its subsidiaries (hereinafter referred to as “Houlihan Lokey Group Companies”) and Houlihan Lokey Group Companies, provided that BIZIT may amend the scope of a jointly utilizing person at any time.
(3) The purposes of jointly utilizing:
(i) to operate services which Houlihan Lokey Group Companies provide when the customer uses the services as a member of them;
(ii) to execute transactions with Houlihan Lokey Group Companies;
(iii)to advertise or market Houlihan Lokey Group Companies;
(iv) to respond to inquiries;
(v) to recruit or employ; and
(vi) to perform other services related or incidental to the services stated above.
(4) The name of person who is responsible for the management of personal information:
For the address and name and the like of the appropriate representative, please refer to the Company Overview page here (https://biz-it.co/).
As a result of sharing and disclosures referred to above, the personal information of customers and the like may be transferred to countries or areas where there are no laws and ordinances, etc. regarding the protection of personal information equivalent to those of the countries or areas in which customers live or are located. When transferring the personal information of customers out of Japan, BIZIT will take the appropriate measures in accordance with contents required by the applicable laws and ordinances.
BIZIT respects the rights customers hold under the personal information protection regulations applicable to them. Customers may demand the disclosure of, correction or addition to or deletion in the content of, stoppage or elimination of usage of, or stoppage of third-party provision of their personal information pursuant to the Act on the Protection of Personal Information of Japan. In addition to these rights, other rights may be granted to customers under the applicable personal information protection regulations of each country.
For example, in accordance with the applicable personal information protection regulations of each country, customers may be granted the following rights, and if the conditions prescribed by such personal information protection regulations are satisfied, BIZIT will comply with the exercising of such rights.
- Customer access to their personal information:
The right of a customer to obtain confirmation from BIZIT on whether personal information regarding the customer is processed, and if it is processed, the right to access their personal information and specific related information.
- Correction of the personal information of a customer:
The right of a customer to modify incorrect personal information regarding themself without unreasonable delay and the right to complete personal information that is incomplete.
- Deletion of the personal information of a customer:
The right of a customer to delete personal information related to themself without unreasonable delay.
- Restriction on the processing of the personal information of a customer:
The right of a customer to restrict the processing of their personal information.
- Filing an objection against the processing of personal information:
The right of a customer to file an objection against the processing of personal information regarding themself which affects their rights.
-Withdrawal of consent:
The right of a customer to withdraw their consent when BIZIT relies on the consent of the customer in order to process the personal information of the customer.
- Data portability:
The right of a customer to receive their personal information in a structured and generally machine-readable form, and the right to transfer the data thereof to other managers without interference from BIZIT.
These rights may be restricted when they infringe on the rights of a third party (including BIZIT’s rights). For example, there are cases where the personal information of another person is made known by satisfying the demand of a customer, or where a customer demands the deletion of information which BIZIT is obligated by law to retain or BIZIT must retain due to a legitimate interest. Related exemptions of application are included in the GDPR and in the data protection laws of each country. BIZIT will notify customers of related exempted matters which BIZIT relies on when responding to inquiries therefrom.
Further, customers may directly file a complaint with the relevant supervisory agency in connection with the processing of the personal information of the customer by BIZIT.
On BIZIT’s website, cookies*, web beacons, and other similar technologies may be used in some contents in order for BIZIT to provide better services to customers when they revisit its website.
* Cookie is a mechanism for storing server information on the computer of a customer who accesses a website. By recording the last day and time the customer visited the website, the number of times the customer visited, the information the customer temporarily entered, and the like, a customer may easily use the website functions they customer selected the last time they visited the website.
If a breach of personal information that is likely to result in a high risk to the rights and freedoms of customer occurs, BIZIT will immediately inform the administrative authority that has jurisdiction over the protection of personal information.
Pacific Century Place Marunouchi 30F, Marunouchi 1-11-1, Chiyoda, Tokyo
For the name and the like of the appropriate representative, please refer to the Company Overview page here (https://biz-it.co/).
BIZIT may process differently from above in accordance with GDPR or any other laws and ordinances.
If BIZIT’s response is unsatisfactory for you, please contact TRUSTe (https://www.truste.or.jp/hssl/watchdog/). In this case, TRUSTe will help to resolve your inquiries.
(Last updated on 2022 February 22)