Press Release

January 5, 2024
JAFCO Group Co., Ltd.

Notice Regarding Investment in GrandUnit Co., Ltd.
by GC Corp. (Portfolio Company)
JAFCO Group Co., Ltd. (Headquarters: Minato-ku, Tokyo; President & CEO: Keisuke Miyoshi)
hereby announces that GC Corp. (Headquarters: Chuo-ku, Tokyo; President & CEO: Yuan Fei;
hereinafter referred to as “GC”), a portfolio company of a fund it operates and manages (JAFCO
BO7 Investment Limited Partnership and JAFCO SV7-S Investment Limited Partnership;hereinafter collectively referred to as “JAFCO”), has made an investment in GrandUnit Co., Ltd.
(Headquarters: Taito-ku, Tokyo; President & CEO: Keiko Ryu; hereinafter referred to as“GrandUnit”).

GrandUnit employs engineers with high technical skills and development capabilities, supportingclients in contracted system development and migration. With its mission of helping clients build
the future of their businesses, the company has established a track record as a prime vendor,
successfully guiding numerous challenging projects for various private enterprises including major
financial institutions and government agencies/municipalities. GrandUnit offers a comprehensive
support system, encompassing everything from basic design to maintenance, and possesses
internally developed migration tools, enabling it to meet a wide range of client needs.
<Current business activities of GrandUnit>
Contracted system development
GrandUnit provides comprehensive support for difficult projects from basic design to development,maintenance and operation. This encompasses web/app development projects for major securities
and insurance services as well as construction of management systems for government agencies
and municipalities.
For more information, please contact
pr@jafco.co.jp, JAFCO Group Co., Ltd.

Press Release

January 5, 2024
JAFCO Group Co., Ltd.

Migration support
GrandUnit supports efficient system transfer for legacy systems of major securities, insurance andother services by utilizing its internally developed tools.

Since its establishment in 2015, GC has been driven by its mission of contributing to the world
through various ambitious challenges. With its foundation of deep technical expertise, the company
has achieved rapid growth by initiating and promoting new businesses and services which include
IT consulting services. Going forward, GC will further enhance the value of its services provided
to clients through its collaboration with GrandUnit.
JAFCO will aim to contribute to the enhancement of not only GrandUnit’s and GC’s corporate
value but also the overall value of the GC Group by maximizing the synergy of the two companies.

About GrandUnit Co., Ltd.
Company nameGrandUnit Co., Ltd.

Websitehttps://www.grandunit.com/ (in Japanese only)

EstablishedApril 2001

Headquarters

5F Pinocchio Building, 3-19-4 Asakusabashi, Taito-ku, Tokyo

Business description

GrandUnit Co., Ltd. provides contracted system development andmaintenance services as well as supporting migration projects primarilyfor the financial sector and government agencies/municipalities.

About GC Corp.
Company nameGC Corp.

Websitehttps://www.grandchallenge.co.jp/ (in Japanese only)

Establishment

February 2015

Address

11F Jiji Press Building, 5-15-8 Ginza, Chuo-ku, Tokyo

Business Description

Provides a wide range of IT consulting services, from new businesscreation to large-scale projects.

For more information, please contact
pr@jafco.co.jp, JAFCO Group Co., Ltd.

Press Release

January 5, 2024
JAFCO Group Co., Ltd.

About JAFCO Group Co., Ltd.
Company name

JAFCO Group Co., Ltd.

Websitehttps://www.jafco.co.jp/english/Establishment

April 1973

Address

24F Toranomon Hills Mori Tower, 1-23-1 Toranomon, Minato-ku, Tokyo
Venture capital firm with the largest cumulative portfolio in Japan,

Business Description

supporting over 1,000 IPOs. Also has experiences of over 20 years inbuyout investment and over 30 years in overseas venture investment.

For more information, please contact
pr@jafco.co.jp, JAFCO Group Co., Ltd.