Integral Corporation
Notice Regarding Receipt of Carried Interest from the No. 3 Fund Series
Integral Corporation expects to receive approximately 1.3 billion yen in carried interest from the No. 3 Fund Series, contributing to an increase in pretax profit of approximately 1.3 billion yen and net income of approximately 800 million yen for the fiscal year ending December 2026.
Key Figures
- Carried Interest Received: Approximately 1.3 billion yen
- Increase in Pretax Profit: Approximately 1.3 billion yen
- Increase in Net Income: Approximately 800 million yen
AI要約
Overview of Carried Interest
The Integral Corporation Group is entitled to receive 20% of the cumulative profits of the No. 3 Fund Series it manages as carried interest when the hurdle rate (annual rate of 8%) is exceeded. Since the commencement of the No. 3 Fund Series in 2017, nine investments have been executed and seven divestments completed, already surpassing the hurdle rate. On February 18, 2026, a partial market sale of shares in Toyo Engineering Corporation took place, which will be the source of the expected distribution amount and the basis for receiving additional carried interest.
Future Outlook
With the receipt of this carried interest, consolidated earnings for the fiscal year ending December 2026 are expected to increase by approximately 1.3 billion yen in revenue, with a pretax profit increase of about 1.3 billion yen and a net income increase of about 800 million yen. Furthermore, unrealized carried interest related to the No. 3 Fund Series after receipt will be disclosed in future quarterly earnings presentation materials.
