At the board resolution dated 2026-10-14, THE WHY HOW DO COMPANY, Inc. decided to enter into a business partnership with Colors Japan to build a “Value Succession M&A Platform”. The initiative targets SMEs facing succession issues and cases with a high real-estate asset ratio. By combining Colors Japan’s know-how with our governance and compliance, we will jointly acquire and operate assets\/businesses after preparing them to generate stable income. Funding is expected primarily from bank borrowings. Contracts will be executed on a case-by-case basis, and investor participation formats will be negotiated for each transaction.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3823","jir_company_name":"THE WHY HOW DO COMPANY, Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-14","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/3823-20261014-01.pdf","jir_short_summary":"At the board resolution dated 2026-10-14, THE WHY HOW DO COMPANY, Inc. decided to enter into a business partnership with Colors Japan to build a \"Value Succession M&A Platform\". The initiative targets SMEs facing succession issues and cases with a high real-estate asset ratio. By combining Colors Japan's know-how with our governance and compliance, we will jointly acquire and operate assets\/businesses after preparing them to generate stable income. Funding is expected primarily from bank borrowings. Contracts will be executed on a case-by-case basis, and investor participation formats will be negotiated for each transaction.","jir_summary":"### Overview of the Partnership\nThrough the business partnership with Colors Japan, THE WHY HOW DO COMPANY, Inc. will establish a \"Value Succession M&A Platform\" to acquire and jointly operate SMEs that face successor shortages or succession challenges, particularly those with a high proportion of real-estate assets, after structuring them to generate stable income. By combining Colors Japan's capabilities in deal sourcing, initial due diligence, PMI, and operational improvement with our governance and compliance framework, we aim to increase the number of acquisitions and enhance long-term corporate value. The partnership is non-exclusive, and terms will be negotiated on a per-transaction basis.\n\n### Outlook and Impact on Investors\nThis partnership supports the mid-term management policy goals of \"continuous execution of M&A\" and \"strategic business partnerships,\" aiming to increase revenue stability and growth through acquisition and operation of multiple deals. Leveraging Colors Japan's network and on-the-ground capabilities, we plan to increase the number of successor companies and pursue both income gains and capital gains. The impact on consolidated results is under review and will be disclosed promptly if there are matters that should be reported.","jir_financial_highlights":"Colors Japan standalone revenue: 2,435 million yen (Comparison for fiscal year ended April 2026: 2,137 million yen (prior year) \u2192 2,435 million yen (fiscal year ended April 2026))\nColors Japan operating income: 635 million yen (Fiscal year ended April 2026)\nColors Japan ordinary income: 715 million yen (Fiscal year ended April 2026)","jir_category":"","jir_hashtags":"#NotAShareBuybackButPartnership, #MAAlliance, #MidTermManagementPolicy","jir_key_figures":"Colors Japan standalone revenue: 2,435 million yen (fiscal year ended April 2026)\nColors Japan standalone operating income: 635 million yen (fiscal year ended April 2026)\nColors Japan net assets per share: 21,515 thousand yen (fiscal year ended April 2026)","jir_meta_title":"THE WHY HOW DO COMPANY, Inc. Partners with Colors Japan to Build Value Succession M&A Platform\uff5cOctober 2026","jir_meta_description":"THE WHY HOW DO COMPANY, Inc. announces a business partnership with Colors Japan to build a new M&A platform supporting business succession for SMEs facing successor shortages. By combining Colors Japan's deal sourcing capabilities with our governance, we aim to expand deal acquisition and enhance corporate value. Future disclosures will be provided as appropriate.","jir_og_title":"Building a Value Succession M&A Platform with Colors Japan\uff5cOctober 2026","jir_og_description":"Announcing a business partnership with Colors Japan as a new strategy to support SME business succession. The companies will jointly acquire and operate targets to pursue long-term corporate value enhancement.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59501,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"m_and_a_alliance","footnotes":""},"sector":[],"importance":[],"class_list":["post-130836","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n