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M&A and Subsidiary Changes3121MBK Co.,Ltd.Information and Communications, Services and Others

Notice of Establishment of a Joint Venture with 株式会社TIGEREYE: Expanding into AI-Powered Video Production

The Company will jointly establish 株式会社DragonEye with 株式会社TIGEREYE to engage in video production and other activities using AI technology. The Company and TIGEREYE will each hold a 50.0% ownership interest, and the company is scheduled to be established in late July 2026.

Worth reading
44Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
2
¥ million (capital of the newly established company)
Wording
Conditional
How definitive the wording is.

This transaction

Establishment of a joint venture
Counterparty株式会社 TIGEREYE
Disclosing companyMBK Co.,Ltd.
株式会社DragonEyeVoting rights ownership percentage

The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.

TimelineThe spacing between the points is proportional to the actual number of days.White points represent dates designated as scheduled dates in the document.
Target company

1. Planning, development, design, sale and maintenance of computer vision technology and AI 2. Planning, development, design, sale and maintenance of various systems using facial recognition technology and computer vision recognition 3. Planning, development, design, sale and maintenance of application services 4. Planning, design, construction, operation, monitoring and management services for computer systems, servers and other equipment related to the preceding items 5. Planning, development and operation of education, training and seminars concerning artificial intelligence (AI) and information technology (IT), together with related consulting services 6. Planning, development, production, sale and distribution of e-learning and other educational content 7. Consulting, guidance and operational support for promoting corporate digital transformation (DX) and introducing AI and IT 8. Education and training services related to human resource development and vocational skills development, and organization of various seminars

Location 3-3-1 Nishiazabu, Minato-ku, TokyoShare capital ¥2 millionDate of incorporation Late July 2026
Consideration and expenses
Type of ConsiderationCash (capital contribution)
Impact on Business Performance

The Company expects the transaction to contribute to improved performance of the corporate group over the medium to long term. At present, however, the impact on results for the fiscal year ending October 2026 is expected to be minor. If an event occurs that has a material impact on results for the fiscal year ending October 2026, the Company will promptly disclose it.

Procedures and assumptions
Management structure after acquisitionThe representative directors will be Kamimura Manabu (上村 学) and Takasaki Masatoshi (髙﨑 正年). One representative director is expected to concurrently hold another position. The company name and employee treatment: not disclosed
This transaction
ItemDetails
Transaction nameEstablishment of a joint venture
Counterparty name株式会社 TIGEREYE
Name of the Subject Company株式会社DragonEye
Business Description of the Subject Company1. Planning, development, design, sale and maintenance of computer vision technology and AI 2. Planning, development, design, sale and maintenance of various systems using facial recognition technology and computer vision recognition 3. Planning, development, design, sale and maintenance of application services 4. Planning, design, construction, operation, monitoring and management services for computer systems, servers and other equipment related to the preceding items 5. Planning, development and operation of education, training and seminars concerning artificial intelligence (AI) and information technology (IT), together with related consulting services 6. Planning, development, production, sale and distribution of e-learning and other educational content 7. Consulting, guidance and operational support for promoting corporate digital transformation (DX) and introducing AI and IT 8. Education and training services related to human resource development and vocational skills development, and organization of various seminars
Location of the Subject Company3-3-1 Nishiazabu, Minato-ku, Tokyo
Capital Stock of the Subject Company¥2 million
Date of Establishment of the Subject CompanyLate July 2026
Type of ConsiderationCash (capital contribution)
Voting rights ownership percentageAfter 50.0% (before not disclosed)
Impact on Business PerformanceThe Company expects the transaction to contribute to improved performance of the corporate group over the medium to long term. At present, however, the impact on results for the fiscal year ending October 2026 is expected to be minor. If an event occurs that has a material impact on results for the fiscal year ending October 2026, the Company will promptly disclose it.
Date of board resolution13 July 2026
Contract Date13 July 2026
Execution Date / Effective DateLate July 2026 (予定)
Management structure after acquisitionThe representative directors will be Kamimura Manabu (上村 学) and Takasaki Masatoshi (髙﨑 正年). One representative director is expected to concurrently hold another position. The company name and employee treatment: not disclosed
Items this document does not state (18)
Net Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The purpose is to apply TIGEREYE's highly accurate AI control technology, which integrates vision, audio and language, to initiatives across the Group and to develop AI video production. 株式会社DragonEye plans to provide commissioned production of commercials, promotional videos and corporate videos, as well as a production platform, through low-cost operations using AI.

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Notice of Establishment of a Joint Venture with 株式会社TIGEREYE: Expanding into AI-Powered Video Production | MBK Co.,Ltd. (3121) timely disclosure | Komori