MBK Sets Up Joint Venture with TIGEREYE to Expand AI Video Production

TOKYO, Jul 13 (Pulse News Wire) – MBK CO.,LTD. (3121.T) announced the establishment of a joint venture, DragonEye Corp., with TIGEREYE Corp.

On July 13, following approval by the board of directors on the same day. The move aims to leverage TIGEREYE's advanced AI technology for various group initiatives. Under the partnership, DragonEye will focus initially on AI video production, integrating cutting-edge generative AI into commercial projects such as commercials, music videos, and enterprise videos. Leveraging TIGEREYE’s cost-effective operations, DragonEye plans to offer comprehensive services including model validation, foundational research, and platform provision. Additionally, DragonEye intends to utilize the popular character "Marchantman," originally MBK's mascot, to promote their AI-driven solutions. Marchantman will undergo AI transformation and feature prominently in promotional activities and educational content. --- The newly established DragonEye Corp. will operate out of Tokyo, Minato Ku Nishiazabu San Choume 3-1. It will have a capital of ¥2 million and be led by representatives Shogo Kamata and Masanobu Takashi. Major shareholders include MBK CO.,LTD.

With 50.0% and TIGEREYE Corp. with 50.0%. TIGEREYE Corp., founded on July 7, 2023, specializes in AI and computer vision technologies, offering a wide range of consulting, training, and development services. As of June 30, 2025, TIGEREYE had net assets of ¥160 million and total assets of ¥324 million. Significant shareholders include WXC Corp. with 36.1%, MBK CO.,LTD. with 21.0%, Ararik Corp. with 18.3%, and Kyoin Corp. with 17.8%. MBK expects the joint venture to contribute positively to long-term performance but anticipates minimal impact on the fiscal year ending October 2026.

Any significant developments affecting future earnings will be disclosed promptly.