TOKYO, Mar 12 (Pulse News Wire) – J-Holdings Corp. (2721.T) signed a basic agreement with Noah Group Holdings Co.
Ltd., to explore joint operations in sports facility management and operation. The pact aims to expand footsal facility management and strengthen revenue bases through feasibility studies involving various aspects such as location selection, funding, operational roles, and profit distribution methods. Under the agreement, J-Holdings will exclusively negotiate with Noah Group for similar business partnerships during the contract's validity period. Noah Group holds more than 1489 shares (with voting rights ratio of 14.89%) of J-Holdings since November 11, 2025, leveraging its extensive experience in sports facility development and operations.
Noah Group Holdings, headquartered in Hyougo, Himeji Shi Higashiyama, operates nationwide tennis schools and footsal facilities. It acquired J-Holdings' shares to combine strengths and create synergies in sports facility development and operations. Key stakeholders include General Foundation Noa Tennis Shinkou Zaidan holding 14.8%, Chairman Masayuki Nishio with 14.8%, and his sister Kayoko Nishio with 1%. Recent financial data shows Noah Group Holdings had a net income of ¥778 million for the fiscal year ending March 2025, down slightly from ¥614 million in the previous year.
The company’s total assets stood at ¥6.493 billion as of March 2025.
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