May 9, 2024
Digital Garage, Inc.
DG Financial Technology, Inc.

NEWS RELEASEDG Financial Technology Acquires SCORE, a Joint Venturein the Post Payment Business, as its Wholly Owned Subsidiary-DG Financial Technology, Inc. (DGFT), a payment service provider and a subsidiary of Digital Garage,
Inc. (DG), has signed a basic agreement with Nissen Co., Ltd. (Nissen) to acquire all shares (51%) heldby Nissen in SCORE. Co., Ltd. (SCORE), a post payment business company jointly established by DGFT
and Nissen, in which DGFT holds a 49% share.

-The share transfer is scheduled to be completed on July 1, 2024, and SCORE will become a wholly
owned subsidiary of DGFT after the completion of the share transfer.

■Background to the Share Acquisition
DGFT established SCORE as a joint venture with Nissen*1 in 2018 and has been developing the service by adding“VeriTrans Post Payment,” a post payment service that allows customers to pay after receiving their order, to thestandard payment menu of comprehensive payment service “VeriTrans4G”. *2 The number of merchants
implementing the system has been growing steadily.
The post payment services have gained recognition as an important payment method, especially among younger
consumers who do not have credit cards and middle-aged and older consumers who value the peace of mind thatcomes with online payment. Therefore, the introduction of this service is expected to continue to increase in ecommerce and other online shopping.
【Post payment Services Market Trends and Forecasts】◇Source: Press release “Conducted a study on the EC payment service
market (2024)” (April 19, 2024)“The post payment service (BNPL : Buy Now, Pay Later) market (basedon the transaction volume of post payment service providers) in the B2C
domain is expanding steadily and is estimated to be 1,260.9 billion yen inFY2022. ““The post payment service market is expected to expand to the level of 2
trillion JPY in FY2026, due to an expanding use environment and higher
unit prices.”*Transaction volume is shown in units of millions of yen.

Contact: Corporate Communication Dept., Digital Garage, Inc.

Email: dg4819.pr@garage.co.jp

May 9, 2024
Digital Garage, Inc.
DG Financial Technology, Inc.

NEWS RELEASE
Against this background, DGFT has decided to acquire the shares and make the company a wholly owned subsidiary
to expand its current B2C post payment business and enter the B2B domain, which is developed across the DG Group.
DG Group and DGFT will continue to contribute to the business growth of e-commerce and other online shopping
businesses and improve convenience for various consumers. In addition, under the DG groupʼs strategy, “DG FinTechShift,” which is centered on the payment platform, we aim to achieve the Medium-Term Management Plan ahead ofschedule through business strategies, including M&A, and contribute to the establishment of a safe, secure, andconvenient cashless society.
■Comments from Hiroshi Shino, Representative Director, President and Co-COO, DG Financial Technology,Inc.
Since establishing DG Commerce Inc.*3 in November 2023, we have been accelerating DG groupʼs strategy, “DG
FinTech Shift,” and rapidly expanding from a payment provider to a comprehensive platform supporting all digitalcommerce aspects.
Going forward, DG will expand post payment services further to strengthen the payment business and promote multilayered monetization with a digital commerce platform strategy that supports the entire commerce process.
■About “VeriTrans Post Payment”“VeriTrans Post Payment” is a post payment service for e-commerce and other online shopping business operators.
The service handles an invoice, collects payments on behalf of customers, and makes advance payments to theoperators. This allows customers and operators to utilize the service safely and quickly and significantly reduce invoice
and operational tasks.
The system supports payment at convenience stores and post offices, and four types of smartphone payment
applications, including “LINE Pay (Invoice Payment),” “Rakuten Bank Convenience Store Payment (Convenience store
slip payment by Rakuten Bank App),” “FamiPay (Invoice Payment),” and “d payment (Invoice Payment),” which
eliminates customer concerns that visiting a convenience store/post office is a hassle or that they may forget to makea payment.
▽“VeriTrans Post Payment” website (only in Japanese)
https://www.veritrans.co.jp/payment/atobarai.html＜Service flow＞

Contact: Corporate Communication Dept., Digital Garage, Inc.

Email: dg4819.pr@garage.co.jp

May 9, 2024
Digital Garage, Inc.
DG Financial Technology, Inc.

NEWS RELEASE＜Structure＞■Schedule・Reach a basic agreement: May 9, 2024
・Conclude an agreement on the transfer of shares: June 6, 2024 (temporary)・Transfer of shares: July 1st, 2024 (temporary)▽References*1 “VeriTrans and Nissen to Establish a JV in the Postpaid Shopping Business” (August 27, 2018)*2 “Start of Data Linkage Between “VeriTrans Atobarai” Post-settlement Payment Service and “VeriTrans 4G” Comprehensive Payment Solution“ (February 13, 2020)*3 “Digital Garage Establishes “DG Commerce,” a New E-commerce Site Development Company” (November 9, 2023)■About SCORE. Co., Ltd.
NameSCORE. Co., Ltd.

Head office address

26 Nishikujoin-machi, Minami-ku, Kyoto-shi, Kyoto

Date founded

September 2018

Representative

President and Representative Director Hikaru KitaharaBusiness

Postpaid shopping payment business, Various types of financial businesses utilizing
payment data

Websitehttps://corp.scoring.jp/

Contact: Corporate Communication Dept., Digital Garage, Inc.

Email: dg4819.pr@garage.co.jp

May 9, 2024
Digital Garage, Inc.
DG Financial Technology, Inc.

NEWS RELEASE■About DG Financial Technology, Inc.
Name

DG Financial Technology, Inc.

Head office address

DG Bldg. 3-5-7 Ebisu Minami, Shibuya-ku, Tokyo

Date foundedApril 1997

Representative

Representative Director, Chairman and CEO Kaoru Hayashi
Representative Director, President and Co-COO Keizo Odori
Representative Director, President and Co-COO, Executive Officer and SEVP Hiroshi Shino

Business

Payment information processing services, payment collection agency services, moneytransfer services

Registered businessElectronic Payment Services（Director of the Kanto Finance Bureau No.25）
Funds Transfer Service Provider（Director of the Kanto Finance Bureau No00094）
Business Operator for handling Credit Card NumbersWebsite

https://www.dgft.jp/company/■About Digital Garage, IncNameDigital Garage, Inc.

Head office address

DG Bldg., 3-5-7 Ebisu Minami, Shibuya-ku, Tokyo
Shibuya PARCO DG Bldg., 15-1 Udagawa-cho, Shibuya-ku, Tokyo

Date founded

August 1995

Representative

Representative Director, President Executive Officer and Group CEO Kaoru Hayashi

Business

Digital Garageʼs corporate purpose is “Designing ʻNew Contextʼ for a sustainable society
with technology.” Digital Garage operates a payment business that provides one of thelargest comprehensive payment platforms in Japan. In addition, DG has a marketingbusiness that provides one-stop solutions in the digital and real world, and a startup
investment and development business that reaches out to promising startups andtechnologies in Japan and overseas.

Websitehttps://www.garage.co.jp/en/

Contact: Corporate Communication Dept., Digital Garage, Inc.

Email: dg4819.pr@garage.co.jp