Independent operation of the Machiiro business following a company split

「株式会社ジチタイワークス resolved to transfer the rights and obligations relating to the Machiiro business (the “Business”) to a newly established company (the “New Company”) through a sole simplified incorporation-type company split and to make the New Company a wholly owned subsidiary. 株式会社マチイロ was established on 1 March 2024. Given the nature of the Business as an information infrastructure service in the form of a smartphone application, we determined that it would be desirable to operate the Business independently, while maintaining organic coordination with the other businesses of our group, in order to clarify profit and loss management and establish a flexible structure for executing future strategies.」