[Japan Investment Advisor] Capital Alliance and Share Transfer | May 2026

Overview of Capital Alliance and Share Issuance

Our company has decided, by board resolution on May 22, 2026, to conclude a capital and business alliance agreement with Sojitz, and will implement third-party allotment and share transfer. The total funds raised amount to approximately ¥3.4 billion, primarily to be used for loans to subsidiaries in the operating lease business. The issuance of new shares and share transfer will make Sojitz a major shareholder, and significant changes in major shareholders and affiliated companies are expected. The purpose of this alliance is business expansion and enhancement of corporate value.

Impact on Shareholders and Future Outlook

Through this capital policy, Sojitz will become a major shareholder, significantly increasing its voting rights ratio. With Naoto Shiraiwa's share transfer, the major shareholder status will shift to Sojitz, and Mr. Shiraiwa is expected to be excluded from major shareholders. The raised funds will be used to expand the operating lease business, aiming for long-term corporate value growth. Moving forward, we will continue to promote business collaboration and strengthen governance through this capital alliance.