This transaction
Change in subsidiaries and other affiliated entities resulting from the establishment of the partnershipsInvestment in and management support for startup companies, Management and operation of FUNDⅠ
The impact of this matter on the Company's consolidated results for the fiscal year ending December 2026 is currently expected to be immaterial.
| Item | Details |
|---|---|
| Transaction name | Change in subsidiaries and other affiliated entities resulting from the establishment of the partnerships |
| Counterparty name | パラダイムシフトグループ株式会社, 17 other partners, 1 individual managing partner (name, address and other details undisclosed) |
| Name of the Subject Company | ES NETWORKS FUNDⅠ投資事業組合, ES NETWORKS JVⅠ |
| Business Description of the Subject Company | Investment in and management support for startup companies, Management and operation of FUNDⅠ |
| Location of the Subject Company | ES NETWORKS FUNDⅠ投資事業組合 2-7-2 Marunouchi, Chiyoda-ku, Tokyo / ES NETWORKS JVⅠ 2-7-2 Marunouchi, Chiyoda-ku, Tokyo |
| Date of Establishment of the Subject Company | ES NETWORKS FUNDⅠ投資事業組合 1 May 2026 / ES NETWORKS JVⅠ 19 March 2026 |
| Impact on Business Performance | The impact of this matter on the Company's consolidated results for the fiscal year ending December 2026 is currently expected to be immaterial. |
| Date of board resolution | 16 March 2026 |
| Contract Date | ES NETWORKS FUNDⅠ投資事業組合 1 May 2026 / ES NETWORKS JVⅠ 19 March 2026 |
| Execution Date / Effective Date | ES NETWORKS FUNDⅠ投資事業組合 Capital contribution date: 21 May 2026 / ES NETWORKS JVⅠ Capital contribution date: 14 May 2026 |
| Management structure after acquisition | The managing partner of FUNDⅠ is ES NETWORKS JVⅠ. The managing partner of JVⅠ is パラダイムシフトグループ株式会社, and there is also 1 individual managing partner. |
Items this document does not state (21)
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.FUNDⅠ was established to invest in and provide management support to startup companies, while JVⅠ was established to manage and operate FUNDⅠ. Following a detailed review of their treatment in the consolidated financial statements, we determined that both partnerships qualify as subsidiaries or other affiliated entities of the Company.