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Company name:
Listed on:
Representative:
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January 26, 2023
Japan Asia Investment Co., Ltd. (JAIC)Tokyo Stock Exchange Standard Market (Stock code:8518)
Tetsuro Shimomura, President and CEO
Kenji Kishimoto, Executive Officer+81-3-3221-8518

Notice Concerning Acquisition of Shares of Asian Market PlanningCo., Ltd. (to Make It a Subsidiary)

Japan Asia Investment Co., Ltd. (JAIC) hereby announces that it has resolved,
at a meeting of the Board of Directors held on today, to acquire shares of Asian
Market Planning Co., Ltd. (AMP) and make it a subsidiary of JAIC. The details
are described below.

1. Reason for acquisition of shares
Our mission is “As an investment company that links Japan with the rest of Asianregion, we are committed to contribute to the creation of more safe, stable andefficient future society under the circumstance of structural problem derived
from declining birthrate and increasing aging population.”
There are two types of investments in business field of JAIC Group. One is private
equity investment. It is an investment in promising companies centered on
venture companies and small and medium-sized enterprises. The other is project
oriented investment. We invest in projects those requires capital investment
such as renewable energy, healthcare, smart agriculture, and distribution center.
Our business in Asia is private equity investment in China. We also support crossborder business expansion between Japan and Asia. Furthermore, in the threeyear medium-term management plan starting in April 2021, we plan to provide
financial advisory services such as M&A brokerage services, overseas expansion
services and business expansion services based on the needs which we may
capture through our investment search activities.
1

The strength of AMP is its network with Japanese regional financial institutions.
AMP utilize its network to provide M&A advisory services and management
support services for business expansion into Asia.
JAIC has been collaborating with AMP in the areas of network building in Asiaand fund formation. JAIC has decided to acquire shares of AMP and make it asubsidiary to obtain AMP’s business network and knowledge.
Going forward, JAIC will grasp business needs through not only investment
search activities, but also a wide range and will further strengthen its operations
such as M&A advisory services, overseas expansion support services, andbusiness expansion support services. In addition, JAIC plans to further expand
project investment by utilizing AMP's network with Japanese regional financialinstitutions.

2. Overview of the subsidiary company (AMP) subject to change
(1)

Name

(2) Location

(3)

(4)

Job title and nameof representative
Description ofbusiness(5) Share capital(6)

Date ofestablishment
Major shareholders(7) and ownership
ratiosAsian Market Planning Co., Ltd.
Denpa II Bldg. 2-14-10, Soto-Kanda, Chiyoda-ku,Tokyo, Japan
President and CEO, Yasuji Kibayashi
M&A advisory services including cross-border, fullcommit support for entering the ASEAN region, andgeneral corporate management consulting
JPY 11 million
April 11, 2012

Yasuji Kibayashi [81.8％]
Tokuhito Hashi [18.2％]
Capitalrelationship

Relationship(8)

Not applicable⁃between theYasuji Kibayashi concurrently
serves as a part-time advisor toCompany and said

Personnelcompany

relationship

JAIC.
⁃Tokuhito Hashi concurrently
serves as a senior executive
officer of JAIC.

2⁃

AMP has concluded an
outsourcing agreement with
JAIC and outsources part of its
operations, such as support forBusinessthe overseas expansion ofrelationship

JAIC's investees.
⁃AMP manages Hokkaido SME
Global Fund, L.P. jointly withJAIC.

* The recent business results and financial condition of AMP are notdisclosed at the request of AMP.

3. Number of shares acquired, acquisition costs, and shareholding before andafter acquisition

(1)

(2)

Number of shares

0 sharesheld before the(Number of voting rights: 0 units)change(Ratio of voting rights held: 0.0%)

Number of shares tobe acquired(3) Acquisition costs
Number of shares(4) held after thechange

176 shares (Number of voting rights: 176 units)
Acquisition costs are not disclosed at the requestof the counterparty to the share acquisition.
176 shares (Number of voting rights: 176 units)(Ratio of voting rights held: 80.0%)

Major shareholders(5)and ownership

JAIC [80.0％]

ratios after theYasuji Kibayashi [20.0％]change4. Timetable
Date of resolution(1)

at the meeting of
the Board ofJanuary 26, 2023

Directors(2)

Date of conclusionof the agreement

February 1, 2023 (scheduled)

3

(3)

Date of executionof share transfer

February 1, 2023 (scheduled)

5. Future outlook
The impact of this share transfer on JAIC's business performance for the fiscal
year ending March 2023 will be minor.

(End)4