TAY TWO Dissolves Capital Business Tie-Up With Shonanuya, Shifts to Operational Alliance

TOKYO, May 19 (Pulse News Wire) – TAY TWO CO.,LTD. (7610.T) resolved through a board resolution dated May 19, 2026, to dissolve its capital business tie-up with Shonanuya Corporation and enter into a new operational alliance agreement.

The decision was made based on the companies' mutual assessment of their resources and future strategic directions. While acknowledging past achievements, both firms concluded that a more flexible approach would benefit their operations moving forward. As part of this transition, Shonanuya intends to sell its holdings in Tay Two's common stock, amounting to 1,852,000 shares representing 2.89% of the total outstanding shares. To mitigate potential market impact, these shares will be acquired via the ToSTNeT-3 system, allowing Tay Two to repurchase them as treasury stocks.

Detailed procedures for this transaction will be outlined in a separate press release published today. Shonanuya Corporation, founded on January 28, 1997, operates a comprehensive hobby shop chain called "Shonanuya," manages e-commerce platforms such as "shonanuya.jp," and provides solutions services including a marketplace and B2B wholesale offerings. It holds a capital of ¥20 billion 44.99 million yen and maintains a strong presence in retail and online commerce sectors. This shift is expected to have a minor impact on Tay Two’s performance.

The company will promptly disclose any significant developments arising from this restructuring.