Integral Corporation
Notice Regarding Additional Receipt of Carried Interest from Series 3 Fund
Announcement of additional receipt of carried interest resulting in approximately 2.8 billion yen increase in revenue, approximately 2.6 billion yen increase in ordinary income, and approximately 1.8 billion yen increase in net income attributable to owners of parent in consolidated results for the fiscal year ending December 2026.
Key Figures
- Revenue Increase Amount: Approximately 2.8 billion yen (Impact on consolidated results for fiscal year ending December 2026)
- Pre-Tax Income Increase Amount: Approximately 2.6 billion yen (Same as above)
- Net Income Increase Amount: Approximately 1.8 billion yen (Same as above)
AI要約
Overview of Carried Interest
Integral Corporation is entitled to receive 20% of profits exceeding the hurdle rate (annual 8%) as carried interest from the Integral Series 3 Limited Partnership Fund and Innovation Alpha L.P. Series 3 fund it manages. Since operations began in 2017, it has executed 9 investments and 8 recoveries, already exceeding the hurdle rate. This time, additional recoveries through partial share sales are being executed, which is expected to lead to additional receipt of carried interest.
Outlook
For the consolidated results for the fiscal year ending December 2026, an increase of approximately 2.8 billion yen in revenue, approximately 2.6 billion yen in pre-tax income, and approximately 1.8 billion yen in net income attributable to owners of parent is expected when combined with the disclosure amount as of March 3, 2026. Furthermore, unrealized carried interest remaining after receipt will be continuously disclosed in future quarterly earnings presentation materials.
