Press Release

February 6, 2023
(Revised on February 20, 2023).

JAFCO Group Establishes a Purpose to Further Enhance Its Corporate Value“Fueling perpetual growth; investing in bold visions”

JAFCO Group Co., Ltd. (Head office: Minato-ku, Tokyo; President & CEO: Keisuke Miyoshi;
hereinafter “JAFCO”) is pleased to announce that it has established a Purpose to achieve furtherenhancement of its corporate value.

Purpose“Fueling perpetual growth; investing in bold visions”

Background
JAFCO’s social value is to promote rejuvenation of industries through investment and help achievea transformation of the industrial structure. We have invested in a wide variety of challenges through'venture investment', in which we take on challenges with entrepreneurs to create new businesses, and'buyout investment', in which we guide unlisted companies taking on regrowth challenges as a second
start to success. We place great importance on continuing to invest in any circumstances, as a result of
which the number of our portfolio companies has exceeded 4,100 to date.
Our investments are only possible with portfolio companies/entrepreneurs who are seriously
committed to growing their businesses, fund investors who provide capital, our shareholders/investors,
and our employees who promote businesses together with portfolio companies. By repeating the cycleof creating investment opportunities, growing portfolio companies and subsequently recovering
invested funds, we have produced many successful companies that have taken on the challenge ofcreating new value, and this has also led to our own growth.
In September 2021, we launched the Sustainability Project with the aim of continuously enhancingour corporate value and thereby contributing to the realization of a sustainable society. We have taken
proactive approach towards sustainability management by redefining our social role and values basedon opinions of a wide range of stakeholders, including shareholders, portfolio companies, fund investors
and employees, and identifying our current situation and priorities.
We have decided to established the Purpose to express our desire to contribute to the development ofa start-up eco-system by continuing to take part in diverse groundbreaking pursuits through aninvestment business, and also to achieve sustainable growth by creating a circular society/economy.

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

Press Release

February 6, 2023
(Revised on February 20, 2023).

JAFCO has launched a new purpose statement to share thesocial value it creates and the values it embraces with its
stakeholders, including portfolio companies/entrepreneurs,
shareholders/investors, and our employees, and work
together for the next generation.
We will continue to invest boldly in challenges thatgenerate novel values and commit to their development,
thereby creating a cycle of new growth and contributing tothe realization of a sustainable society.
Keisuke Miyoshi, President & CEO

About JAFCO Group Co., Ltd.
Since its founding in 1973, JAFCO Group has always worked with leading-edge entrepreneurs.
The total commitments of its investment funds in Japan and overseas have exceeded ¥1 trillion andthe cumulative number of portfolio IPOs to date has reached over 1,000. In addition to venture
investment, JAFCO Group also carries out buyout investment and commit to the creations ofinnovative technologies and services worldwide. As entrepreneurs’ closest partner in bringing theirvisions to life, JAFCO provides support in areas of HR, marketing/ sales, and back-office
operations, in addition to providing financing.
Company name

JAFCO Group Co., Ltd.

President & CEO

Keisuke Miyoshi

Head Office

24F Toranomon Hills Mori Tower, 1-23-1 Toranomon, Minato-ku, Tokyo

Establishment

April 5, 1973

Paid-in Capital¥33,251 million

Stock Listing

Tokyo Stock Exchange, Prime Market

No. of Employees

135 (consolidated) (as of March 31, 2022)

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