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Default3409KITABO CO.,LTD

Kitabo Establishes New Subsidiary Focused on AI and Web3 Services

– Kitabo Co.,ltd (3409.T) announced on August 04 that it had resolved to establish a subsidiary aimed at expanding its operations in the fields of artificial intelligence (AI) and Web3 services. The decision was made during a board meeting held on August 03, 2026.

The newly established subsidiary, named Kitabo Solutions, will focus on providing consulting services utilizing AI and Web3 technologies, along with risk management support and assistance in securing grants and subsidies. It plans to offer various solutions such as AI agent-based business support and cloud service provision to enhance productivity and competitiveness among businesses. Kitabo Solutions will have a capital of ¥10 million. Kitabo Co.,ltd will hold 100% percent of the shares, making it a wholly-owned subsidiary. The company expects to complete the establishment process by late August 2026. The subsidiary's board will include external experts with extensive experience in crypto assets, Web3, and AI sectors, including Mr.

Yu Ki Okabe, founder of CoinPost, and Mr. Akio Ito, who previously served as an executive in domestic cryptocurrency exchanges. In addition to leveraging their expertise, Kitabo Co.,ltd aims to expand its customer base and strengthen partnerships through the new subsidiary. The company also intends to develop new revenue streams within the IT sector by integrating the insights of these industry leaders into service planning and design. Kitabo Co.,ltd's efforts to diversify its offerings and capitalize on emerging technological trends underscore its commitment to long-term growth strategies. The company will continue to monitor and disclose any significant impacts on its future performance as more details emerge.

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