Notice Regarding Establishment of a Subsidiary of Our Consolidated Subsidiary

Overview of New Company Establishment

UNIVA Paycast, which has been providing multi-currency payment services, has announced a decision to establish a new company in Hong Kong aiming to expand from payment functions to remittance and fund transfer services. The new company is scheduled to obtain an MSO license and will assess remittance demand from Japanese companies and Japan-related Hong Kong companies while pursuing development into a cross-border payments business. The scheduled establishment date is 2026-10-12, capital is 2,500,000 HKD (approx. 49,900,000 yen), and UNIVA Paycast will hold 100% of the shares.

Business Strategy and Future Outlook

Using the establishment of the new company as a starting point, the company will strengthen linkage between domestic and international payment infrastructure and fund transfers. Ultimately, it aims to build cross-border payment services to support Japanese companies' overseas expansion and foreign companies' entry into Japan. The impact on consolidated results is expected to be minimal, and the plan is to establish the customer base and transaction flows through phased business development.