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Business Alliance4743ITFOR Inc.Information and Communications, Services and Others

Notice Regarding the Execution of a Memorandum of Understanding for the Establishment of a Joint Venture

ITFOR Inc. and ソーシング・ブラザーズ株式会社 will jointly establish a joint venture in July 2026 to conduct M&A, corporate venture capital investments and post-investment support. The joint venture is expected to be capitalized 90% by ITFOR Inc. and 10% by ソーシング・ブラザーズ株式会社.

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Agreements reached under this partnership

Execution of a memorandum of understanding for the establishment of a joint venture
4743ITFOR Inc.
Alliance partnerName of partner: ソーシング・ブラザーズ株式会社
Details of the alliance
  1. 1

    Deal sourcing

  2. 2

    Initial evaluation

  3. 3

    Investment Execution

  4. 4

    Closing

  5. 5

    PMI

  6. 6

    Business collaboration

  7. 7

    Support for revenue generation

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 policy is to target revenue of ¥70 billion in FY2033.

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).

90.00%Our ownership stake in the partner’s shares
Shareholding ratio ITFOR Inc.: 90%; ソーシング・ブラザーズ株式会社: 10%
Ownership ratioITFOR Inc.: 90%; ソーシング・ブラザーズ株式会社: 10%
Overview of the joint ventureName: ITFOR Growth Capital Co., Ltd. (provisional name) / Location: Ichibancho Tokyu Building, 21 Ichibancho, Chiyoda-ku, Tokyo / Business activities: Planning, research, advisory and execution support for M&A, corporate venture capital investments, capital alliances, business partnerships and other investments and alliances; management, business operations, growth and PMI support for portfolio companies, subsidiaries and affiliates; planning, development, launch and operational support for new businesses; and other business activities incidental or related to the foregoing / Capital contribution: ¥100 million (planned) / Capital contribution ratio: ITFOR Inc. 90%; ソーシング・ブラザーズ株式会社 10%
Dispatch of directors and officersTwo representative directors of ITFOR Inc. are expected to concurrently serve as directors of the joint venture.
About the partner
Business DescriptionInorganic growth advisory
LocationChiyoda-ku, Tokyo
Share capital¥255 million, including capital reserve
Net SalesNot disclosed at the request of the partner.
Operating profitNot disclosed at the request of the partner.
Impact on Business Performance

The impact of this transaction on ITFOR Inc.'s consolidated results for the fiscal year ending March 2027 is expected to be immaterial.

Date of board resolution9 June 2026Contract Date9 June 2026 (planned)Alliance start dateJuly 2026 (planned)
Agreements reached under this partnership
ItemDetails
Name of alliance partnerName of partner: ソーシング・ブラザーズ株式会社
Alliance partner's business activitiesInorganic growth advisory
Alliance partner's locationChiyoda-ku, Tokyo
Alliance partner's capital¥255 million, including capital reserve
Alliance partner's net salesNot disclosed at the request of the partner.
Alliance partner's operating incomeNot disclosed at the request of the partner.
Type of allianceExecution of a memorandum of understanding for the establishment of a joint venture
Details of the allianceDeal sourcing, Initial evaluation, Investment Execution, Closing, PMI, Business collaboration, Support for revenue generation
Shareholding ratioNot disclosed → ITFOR Inc.: 90%; ソーシング・ブラザーズ株式会社: 10%
Overview of the joint ventureName: ITFOR Growth Capital Co., Ltd. (provisional name) / Location: Ichibancho Tokyu Building, 21 Ichibancho, Chiyoda-ku, Tokyo / Business activities: Planning, research, advisory and execution support for M&A, corporate venture capital investments, capital alliances, business partnerships and other investments and alliances; management, business operations, growth and PMI support for portfolio companies, subsidiaries and affiliates; planning, development, launch and operational support for new businesses; and other business activities incidental or related to the foregoing / Capital contribution: ¥100 million (planned) / Capital contribution ratio: ITFOR Inc. 90%; ソーシング・ブラザーズ株式会社 10%
Ownership ratioITFOR Inc.: 90%; ソーシング・ブラザーズ株式会社: 10%
Dispatch of directors and officersTwo representative directors of ITFOR Inc. are expected to concurrently serve as directors of the joint venture.
Numerical targets under the allianceThe policy is to target revenue of ¥70 billion in FY2033.
Date of board resolution9 June 2026
Contract Date9 June 2026 (planned)
Alliance start dateJuly 2026 (planned)
Impact on Business PerformanceThe impact of this transaction on ITFOR Inc.'s consolidated results for the fiscal year ending March 2027 is expected to be immaterial.
Items this document does not state (6)
Number of shares acquiredAcquisition priceContract PeriodShareholding PolicyShare Acquisition Date and Payment DateChange 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 companies determined that a structure was needed to drive the entire process from deal sourcing through post-investment support in an integrated manner, in order to continuously pursue M&A and startup investments and generate revenue through post-investment PMI, business partnerships and joint development. They will combine their expertise and networks to establish a specialized organization covering investment, M&A and business development.

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Notice Regarding the Execution of a Memorandum of Understanding for the Establishment of a Joint Venture | ITFOR Inc. (4743) timely disclosure | Komori