Support for overseas expansion, primarily in ASEAN

「From the current interim consolidated fiscal period, the newly established GF CONSULTING VIETNAM Co., LTD. and G-FAC VIETNAM Co., LTD. have been included in the scope of consolidation.」

「また、海外進出サポートにおいて、ベトナムにおける案件が進捗しており、飲食店の海外展開支援に取り組んでまいりました。」

「In its overseas business, the Group will continue expanding into regions expected to grow and seek to expand its earnings base through horizontal expansion by leveraging the operating know-how of its existing stores.」

「The Group will also accelerate its efforts to support overseas expansion, which had declined during the COVID-19 pandemic.」

「The voting rights ratio represented by the additional shares acquired was 35.98%, and the transaction made GF CAPITAL PTE. LTD. a wholly owned subsidiary of the Company. The additional acquisition was undertaken to enable the Group to further expand its business in the ASEAN region, respond more flexibly to local needs and operate its business with greater agility.」

「For overseas operations, the Group plans to maintain the current level of operations for the time being in light of the impact of COVID-19, while pursuing expansion of its business base through efficient support for multi-store expansion by local employees.」

「However, overseas travel restrictions have remained in place due to the impact of COVID-19, reducing the number of customers considering overseas expansion and placing significant constraints on the Group’s overseas expansion support business.」

「Against this backdrop, with supporting the growth of service businesses, including domestic restaurants, as its top priority, the Group has adopted the corporate slogan “Turn Dreams into Reality! Bring Japanese Cuisine to the World!” and, to serve as a bridge for exporting Japan’s food culture to various regions around the world, is developing a one-stop customer support structure across the Group and strengthening the foundation for supporting companies considering overseas expansion,」

「The Group is developing a one-stop customer support structure across its companies and strengthening the support platform for companies considering overseas expansion,」

「Going forward, the Group will work to strengthen coordination within the Group, enhance its overseas expansion services in ASEAN and reinforce its structure for smoothly supporting Japanese companies expanding overseas, thereby continuing to serve as a bridge between Japan and overseas markets.」

「Against this backdrop, with supporting the growth of service businesses, including restaurants in Japan, as its first priority, the Group adopted the corporate slogan “Turn dreams into reality! Bringing Japanese cuisine to the world!” and worked to establish a one-stop customer support structure across the Group and strengthen its overseas support platform for companies considering international expansion, with the aim of becoming a bridge for exporting Japan’s food culture to regions around the world.」

「During the second quarter of the current consolidated fiscal period, the Group newly established GF CONSULTING (THAILAND) CO., LTD. and made it a consolidated subsidiary.」

「In addition, with supporting the growth of service businesses, including domestic restaurants, as its top priority, the Group has adopted the corporate slogan “Turn Dreams into Reality! Bring Japanese Cuisine to the World!” and, to serve as a bridge for exporting Japan’s food culture to various regions around the world, has further strengthened the foundation for supporting companies considering overseas expansion by developing a one-stop customer support structure across the Group.」

「Going forward, the Group will work to strengthen coordination within the Group, enhance its overseas expansion services in ASEAN and reinforce its structure for smoothly supporting Japanese companies expanding overseas, thereby continuing to serve as a bridge between Japan and overseas markets.」

「The Group is expanding its business primarily by providing companies operating service businesses such as restaurants with property information when opening stores and support for the installation of interior fixtures and equipment. In addition, to support Japanese companies considering expansion into the ASEAN region, the Group has been expanding its customer base and further strengthening support for customers’ overseas operations. As part of these efforts, it established a subsidiary in the Socialist Republic of Vietnam, which is a sub-subsidiary of the Company, to strengthen its ability to support Japanese companies expanding into the country.」

「The Company and Cool Japan Fund, Inc. also completed their joint investment in the Singapore subsidiary GF CAPITAL PTE. LTD., strengthening the Group’s ability to support Japanese companies expanding into ASEAN.」

「The Group has strengthened the foundation for supporting overseas expansion in ASEAN by working with its overseas group companies. In addition, following the joint investment with Cool Japan Fund, Inc., it has established a one-stop support structure through a single point of contact for the various barriers customers face when expanding overseas and after entering overseas markets.」

「The remittance procedures were completed on 17 January 2018.」

「Against this backdrop, following the establishment of a local entity in the Republic of Singapore in March 2015, the Group established a local entity in Thailand and commenced operations there in May 2017.」

「On 25 May 2017, the Group established GF CAPITAL (THAILAND) CO., LTD. to support Japanese companies expanding into Thailand, and proceeded to develop prospective customers and expand services for existing customers, with a view to supporting reciprocal referrals between Japan and Thailand.」

「GF CAPITAL PTE. LTD. (now a consolidated subsidiary) was established in the Republic of Singapore to support the overseas expansion of Japanese food-service operators, primarily in ASEAN.」