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Business alliance7320Solvvy Inc.Financials (excluding banks)

Notice of the Execution of a Basic Agreement Toward a Capital and Business Alliance with JACCS CO.,LTD.

Solvvy has entered into a basic agreement with JACCS CO.,LTD. to jointly develop a DX platform for the home renovation market, integrate payment services into the platform, and collaborate on guarantee services. The companies will also consider a capital alliance under which JACCS CO.,LTD. would subscribe to Solvvy’s treasury shares, although the acquisition price and ownership ratio have not yet been determined.

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Agreements reached under this partnership

Capital and Business Alliance
7320Solvvy Inc.
Alliance partnerJACCS CO.,LTD.
Details of the alliance
  1. 1

    Joint development of a platform to support the digital transformation of the housing industry

  2. 2

    Collaboration in new business areas, including guarantee services

  3. 3

    Consideration and discussions toward the joint development of a DX platform for the home renovation market based on the SaaS developed and provided by Solvvy for the home renovation business, as well as the integration of payment services into the platform

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

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).

Acquisition priceDetails including the acquisition price and the planned ownership ratio will be determined following discussions between the two companies.
About the partner
Business DescriptionCredit business, payment business, finance business, and overseas business
LocationShibuya, Tokyo
Share capital¥35,680 million
Net SalesOperating revenue: ¥190,978 million (fiscal year ended March 2025)
Operating profitOperating income: ¥25,732 million (fiscal year ended March 2025)
Impact on Business Performance

The alliance is at the basic agreement stage, and its impact on the Company’s business performance has not yet been determined.

Date of board resolution15 May 2026Contract DateDate of execution of the basic agreement: 15 May 2026. Date of execution of the capital and business alliance agreement: during August 2026 (予定)Alliance start dateDuring August 2026 (予定)
Agreements reached under this partnership
ItemDetails
Name of alliance partnerJACCS CO.,LTD.
Alliance partner's business activitiesCredit business, payment business, finance business, and overseas business
Alliance partner's locationShibuya, Tokyo
Alliance partner's capital¥35,680 million
Alliance partner's net salesOperating revenue: ¥190,978 million (fiscal year ended March 2025)
Alliance partner's operating incomeOperating income: ¥25,732 million (fiscal year ended March 2025)
Type of allianceCapital and Business Alliance
Details of the allianceJoint development of a platform to support the digital transformation of the housing industry, Collaboration in new business areas, including guarantee services, Consideration and discussions toward the joint development of a DX platform for the home renovation market based on the SaaS developed and provided by Solvvy for the home renovation business, as well as the integration of payment services into the platform
Acquisition priceDetails including the acquisition price and the planned ownership ratio will be determined following discussions between the two companies.
Date of board resolution15 May 2026
Contract DateDate of execution of the basic agreement: 15 May 2026. Date of execution of the capital and business alliance agreement: during August 2026 (予定)
Alliance start dateDuring August 2026 (予定)
Impact on Business PerformanceThe alliance is at the basic agreement stage, and its impact on the Company’s business performance has not yet been determined.
Items this document does not state (10)
Number of shares acquiredShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding 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 purpose is to leverage the strengths of both companies to create new value in the home renovation market, strengthen their relationship, and build a medium- to long-term partnership. JACCS CO.,LTD. aims to differentiate its loan products and expand revenue sources other than interest income, while Solvvy aims to develop new business areas and expand sales of new products and services.

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Notice of the Execution of a Basic Agreement Toward a Capital and Business Alliance with JACCS CO.,LTD. | Solvvy Inc. (7320) timely disclosure | Komori