Itfor forms joint venture capital firm

TOKYO, Jul 09 (Pulse News Wire) – ITFOR Inc. (4743.T) announced the establishment of a joint venture capital firm, ITFOR Growth Capital Co., Ltd., through a contract signed with Sourcing Brothers Co., Ltd.

On July 07, 2026. The company filed for incorporation on July 09, 2026. Key details of the joint venture include: - Name: ITFOR Growth Capital Co., Ltd. - Location: 21-1 Minatomirai, Miraitori Building, Yokohama - CEO: Shota Sato - Main activities: M&A advisory services, CVC investments, strategic alliances, operational support for portfolio companies, and new business development - Capital: ¥100 million - Establishment month: July 2026 - Financial year-end: March - Ownership ratio: ITFOR Inc.: 90%, Sourcing Brothers Co., Ltd.: 10% ITFOR Inc. holds 90% of the issued shares of the joint venture. Additionally, two directors of ITFOR Inc. also serve as directors of the newly formed entity.

The joint venture will provide funding and support for investment and acquisition projects, while ITFOR Inc. will offer assistance in areas such as M&A, CVC investments, PMI, and business development. Sourcing Brothers Co., Ltd., established on October 21, 2019, has a capital base of ¥255 million (including reserve funds). Major shareholder and holding ratio: SBI Holdings Co., Ltd.: 20%. The board resolution was made on June 09, 2026, and the basic agreement was concluded on the same day. The joint venture is expected to commence operations in July 2026. ITFOR Inc.

Anticipates that the impact on its fiscal year ending March 2027 will be minor.