Announced the establishment of a joint venture. Equity ratio 50% each; total contribution 40 million yen; planned establishment in December 2026; business will provide integrated repair, painting, scaffolding and related works for houses and buildings. Counterparty is Techbuild Co., Ltd.<\/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":"1401","jir_company_name":"Mbs Inc","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-10-16","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/1401-20261016-01.pdf","jir_short_summary":"Announced the establishment of a joint venture. Equity ratio 50% each; total contribution 40 million yen; planned establishment in December 2026; business will provide integrated repair, painting, scaffolding and related works for houses and buildings. Counterparty is Techbuild Co., Ltd.","jir_summary":"### Overview of Joint Venture Establishment\nMbs Inc will establish a joint venture with Techbuild Co., Ltd. through joint investment to build a structure that provides integrated services including repair and renovation works for houses and various structures, painting and waterproofing work, scaffolding and other temporary works, and related businesses. Capital from both companies will total 40 million yen (contribution amount 40,000 thousand yen; capital stock 20,000 thousand yen + capital reserve 20,000 thousand yen), with an equity ratio of 50\/50. The planned establishment date is December 2026, and the fiscal year-end will be February. After establishment, it is expected to become an associated company accounted for by the equity method.\n\n### Counterparty and Future Developments\nThe counterparty is Techbuild Co., Ltd., headquartered in Ota-ku, Tokyo. Its capital stock is 210 million yen, and the President and CEO is Mr. Masahiro Mochizuki. Going forward, director and auditor appointments will be determined, and specific business allocation will be decided through consultations. The matter is recognized as contributing to medium- to long-term enhancement of corporate value, and examination of future earnings impact and disclosures will be made as appropriate.","jir_financial_highlights":"Contribution Amount: 40,000 thousand yen (Unknown)\nEquity Ratio: Our Company: 50%, Techbuild: 50% (Unknown)\nPlanned Establishment Date: December 2026 (planned) (Unknown)","jir_category":"","jir_hashtags":"#NoShareBuyback, #NoExecutivePersonnelChanges","jir_key_figures":"Contribution Amount: 40,000 thousand yen (Capital stock 20,000 thousand yen, Capital reserve 20,000 thousand yen)\nEquity Ratio: Our Company 50%, Techbuild Co., Ltd. 50%\nPlanned Establishment Date: December 2026","jir_meta_title":"Mbs Inc Announces Joint Venture with Techbuild \u2014 Planned December 2026","jir_meta_description":"Mbs Inc will establish a joint venture with Techbuild Co., Ltd. through equal investment. 50:50 equity ratio, total contribution 40 million yen. The business will expand into exterior renovation and scaffolding integrated services. Establishment timing and operational arrangements are disclosed.","jir_og_title":"Mbs Inc Announces Joint Venture with Techbuild \u2014 Planned December 2026","jir_og_description":"Mbs Inc is establishing a joint venture with Techbuild Co., Ltd. with a 50\/50 equity split and total capital of 40 million yen, planned for December. Expansion into integrated exterior renovation and scaffolding services.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":58877,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-132380","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n