Expanding the Revenue Base Through New Business Launches

「At a meeting of the Board of Directors held on 1 June 2026, the Company resolved to acquire 21.0% of the shares of TIGEREYE株式会社, making it an equity-method affiliate in July 2026, by entering into share transfer reservation agreements with 8 shareholders of TIGEREYE株式会社.」

「In light of the recent upward trend in real estate prices and interest rates, the Group sought to secure revenue, profit and cash flow and reduce interest-bearing debt by selling 6 rental properties, limited acquisitions of rental properties to 1 property, and also conducted equity financing to secure investment funds. It worked to develop and strengthen investment fields and projects expected to offer higher profitability than its real estate investment business, which targets a net yield of 5%, including lending secured by shares, real estate and accounts receivable, and project investments in renewable energy.」

「株式会社ホテルシステム二十一, a consolidated subsidiary that operated hotels through the previous fiscal year, changed its corporate name to MBKプロパティ株式会社 and began operating a real estate management business. It therefore became part of the merchant banking business, and the Company completely withdrew from the operating business.」

「The Company newly included 娯楽TVメディア・コンテンツ株式会社 in the scope of consolidation after acquiring its shares during the current consolidated fiscal year.」

「As part of its merchant banking business, the Company acquired all issued shares of 娯楽TVメディア・コンテンツ株式会社 effective 1 August 2022, and made it a consolidated subsidiary from the second quarter of the current consolidated fiscal year.」

「Effective 1 August 2022, the Company acquired all issued shares of 娯楽TVメディア・コンテンツ株式会社 from 株式会社娯楽TV, a wholly owned subsidiary of アートポートインベスト株式会社, another affiliated company, and made it a wholly owned subsidiary.」

「As part of its merchant banking business, the Company made Estonian Japan Treding Company AS and O'Pen Eesti OÜ, which had been unconsolidated subsidiaries through the previous consolidated fiscal year, as well as 株式会社エストニアン・ジャパン・トレーディング・カンパニー日本, established on 26 August 2021, consolidated subsidiaries from the third quarter of the current consolidated fiscal year because their importance had increased.」

「In the second quarter, in addition to rental real estate income, which had generated stable earnings for some time without being affected by COVID-19, investment income from domestic and overseas companies and the partial sale of income-producing real estate contributed to substantial increases in revenue and profit. Revenue was ¥1,661 million, up 341.7% year on year, and segment profit was ¥476 million, up 282.0%.」

「The Company actively invested in companies in Japan and overseas and pursued initiatives to strengthen stable earnings, including improving profitability at each location in the operating business.」

「At a meeting of the Board of Directors held on 26 October 2020, the Company resolved to make an additional investment in 株式会社バルティック・フィンテック・ホールディングス effective 31 October 2020. As a result, the Company's ownership interest in the company became 50.0%, making it a consolidated subsidiary of the Company.」

「Against this economic backdrop, in the second quarter the Group actively pursued initiatives to strengthen stable earnings, including securing new revenue sources through business alliances, acquiring new rental properties, considering investments in companies in Japan and overseas, and measures to maintain and improve profitability at each location in the operating business.」

「In this business segment, the Group is actively engaged in investment businesses in fields that could drive social transformation, or a paradigm shift, including blockchain, healthcare and nursing care, and AI, based on stable income from rental real estate, primarily condominiums in major metropolitan areas, in Japan and overseas.」

「MBKブロックチェーン株式会社, established on 24 April 2018, has been made a consolidated subsidiary.」

「Against this backdrop, the Group has continued to seek to strengthen earnings by focusing its investments in promising companies and businesses in Japan and overseas, particularly in the 3 fields of regenerative medicine, blockchain and AI.」

「In the second quarter, operations at the 7 apparel accessories stores operated by 株式会社ケンテン remained solid, and the catering business at Ehime University Hospital grew. As a result, revenue was ¥553 million, but this represented a 23.2% decline from revenue of ¥721 million in the same period of the previous year, due to the impact of temporary closures during major renovation work at Hotel JAL City Matsuyama and Kakogawa Plaza Hotel, which ended operations last June.」

「In the first quarter, operations remained solid at each location, including the Kakogawa Plaza Hotel, and 7 apparel accessories stores operated by 株式会社ケンテン were added following its conversion into a consolidated subsidiary on 1 April. As a result, revenue was ¥298 million.」

「At a meeting of the Board of Directors held on 29 March 2018, the Company resolved to acquire all shares in 株式会社ケンテン and make it a subsidiary as described below, signed a transfer agreement on the same date, and acquired all shares on 1 April 2018.」

「In addition, during the current fiscal year, the Company actively invested in businesses with strong future potential, including cryptocurrency and nursing-care robots.」

「Expanding the Revenue Base Through New Business Launches」