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Business alliance4395Accrete Inc.Information and Communications, Services and Others

Notice Regarding the Establishment of a Joint Venture with CustIntCo Pte Ltd

The Company will establish CustIntCo Japan Co., Ltd. through joint investment with CustIntCo Pte Ltd to commercialize, distribute and support its products in Japan. The Company will initially hold 100% of the joint venture, after which CustIntCo Pte Ltd is expected to subscribe to a capital increase following approval under the Foreign Exchange and Foreign Trade Act, resulting in an ownership structure of 51% for the Company and 49% for CustIntCo Pte Ltd.

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Agreements reached under this partnership

Joint venture
4395Accrete Inc.
Alliance partnerCustIntCo Pte Ltd.
Details of the alliance
  1. 1

    Exclusive commercialization, distribution and support services for CC products in the Japanese market

  2. 2

    Strategic provision and joint development in Japan of the Genie AI Engine series

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

Numerical targets under the alliance

The parties aim to acquire new customers and expand revenue. Specific targets and the timing for their achievement are not disclosed.

Capital and personnel relationships

This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).

51.00%Our ownership stake in the partner’s shares
Shareholding ratio Our company 51%; CC 49%
Ownership ratio51% for the Company and 49% for CC (the joint venture is expected to be established initially with the Company holding 100%)
Overview of the joint ventureName: CustIntCo Japan Co., Ltd.; location: 3-28-5 Kanda Ogawamachi, Chiyoda-ku, Tokyo (予定); business: exclusive commercialization, distribution and support services for CC products in the Japanese market; capital contribution: ¥10 million; ownership: 51% for the Company and 49% for CC (予定)
Dispatch of directors and officersRepresentative Director: Tanaka Yusei (田中優成). The acceptance and dispatch of directors and corporate auditors are not disclosed.
About the partner
Business DescriptionIT integration and cloud solution services
LocationSingapore
Share capitalNot disclosed at the request of the other party.
Impact on Business Performance

The impact on the Company's results for the fiscal year ending December 2026 is currently under review. The Company will promptly disclose any matters requiring disclosure that arise in the future. The joint venture is expected to be included in the Company's scope of consolidation from May 2026.

Date of board resolution8 April 2026Contract Date8 April 2026 (joint venture agreement executed)Alliance start dateMid-May 2026 (予定)Share Acquisition Date and Payment DateCC is expected to subscribe to a capital increase after approval of the prior examination under the Foreign Exchange and Foreign Trade Act. The specific date is not disclosed.
Agreements reached under this partnership
ItemDetails
Name of alliance partnerCustIntCo Pte Ltd.
Alliance partner's business activitiesIT integration and cloud solution services
Alliance partner's locationSingapore
Alliance partner's capitalNot disclosed at the request of the other party.
Type of allianceJoint venture
Details of the allianceExclusive commercialization, distribution and support services for CC products in the Japanese market, Strategic provision and joint development in Japan of the Genie AI Engine series
Shareholding ratio100% held by the Company (upon establishment) → Our company 51%; CC 49%
Overview of the joint ventureName: CustIntCo Japan Co., Ltd.; location: 3-28-5 Kanda Ogawamachi, Chiyoda-ku, Tokyo (予定); business: exclusive commercialization, distribution and support services for CC products in the Japanese market; capital contribution: ¥10 million; ownership: 51% for the Company and 49% for CC (予定)
Ownership ratio51% for the Company and 49% for CC (the joint venture is expected to be established initially with the Company holding 100%)
Dispatch of directors and officersRepresentative Director: Tanaka Yusei (田中優成). The acceptance and dispatch of directors and corporate auditors are not disclosed.
Numerical targets under the allianceThe parties aim to acquire new customers and expand revenue. Specific targets and the timing for their achievement are not disclosed.
Date of board resolution8 April 2026
Contract Date8 April 2026 (joint venture agreement executed)
Alliance start dateMid-May 2026 (予定)
Share Acquisition Date and Payment DateCC is expected to subscribe to a capital increase after approval of the prior examination under the Foreign Exchange and Foreign Trade Act. The specific date is not disclosed.
Impact on Business PerformanceThe impact on the Company's results for the fiscal year ending December 2026 is currently under review. The Company will promptly disclose any matters requiring disclosure that arise in the future. The joint venture is expected to be included in the Company's scope of consolidation from May 2026.
Items this document does not state (7)
Alliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceContract PeriodShareholding PolicyChange in major shareholders

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 parties will jointly develop high-value-added solutions that address corporate mental health and healthcare challenges by leveraging CC's AI technology. The Company aims to shift from agency sales to developing a solutions business, thereby acquiring new customers and expanding revenue.

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Notice Regarding the Establishment of a Joint Venture with CustIntCo Pte Ltd | Accrete Inc. (4395) timely disclosure | Komori