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Other Disclosures8595JAFCO Co.,Ltd.Financials (excluding banks)

Notice Regarding the Transfer of Shares in C&J HD, an Investee Company

All shares in C&J HD held by funds managed and operated by JAFCO were transferred to KANDENKO CO.,LTD. As a result, JAFCO's investment interest in GCU through C&J HD was sold.

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Wording
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Announced details

IT services, including IT consulting, system development, business operations support and quality assurance
Applicable field (uses covered by this announcement)

For private-sector companies and the public sector

Relationship between the counterparty and the company
JAFCO Co.,Ltd.8595
Relationship with the Company

A fund managed and operated by JAFCO held C&J HD and had acquired an equity interest in GCU through C&J HD. All shares in C&J HD were transferred to KANDENKO CO.,LTD.

CounterpartyKANDENKO CO.,LTD.

Head office: Minato-ku, Tokyo; Representative Director and President: Tamogami Hirofumi (田母神博文). Business activities: not stated in the main text.

In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.

Announced details
ItemDetails
Names of Products / Services CoveredIT services, including IT consulting, system development, business operations support and quality assurance
CounterpartyKANDENKO CO.,LTD.
Counterparty overviewHead office: Minato-ku, Tokyo; Representative Director and President: Tamogami Hirofumi (田母神博文). Business activities: not stated in the main text.
Relationship with the CompanyA fund managed and operated by JAFCO held C&J HD and had acquired an equity interest in GCU through C&J HD. All shares in C&J HD were transferred to KANDENKO CO.,LTD.
Applicable areaFor private-sector companies and the public sector
Items this document does not state (13)
Contract ValueOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocationLocation scaleQuantitative EffectsUsage historyImpact on Business PerformanceSource

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.

JAFCO determined that KANDENKO CO.,LTD. was the optimal partner, as collaboration with the KANDENKO Group is expected to create new growth opportunities toward GCU's further sustainable growth.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Transfer of Shares in C&J HD, an Investee Company | JAFCO Co.,Ltd. (8595) timely disclosure | Komori