Nihon M&A Center Holdings Inc. (hereinafter referred to as "the Company" / Headquarters: Chiyoda-ku, Tokyo / President and Representative Director: Suguru Miyake) announces that it has entered into a basic agreement regarding the consideration of a joint venture related to business succession and M&A support with The Bank of Okinawa, Ltd. (hereinafter referred to as "the Bank" / Headquarters: Naha City, Okinawa Prefecture / President: Masayasu Yamashiro) of Okinawa Financial Group, Inc. (President and Representative Director: Masayasu Yamashiro).

Purpose and Background of the Agreement

The successor absence rate in Okinawa Prefecture is 65.3%, which is the fifth highest in the country*, and the successor issue is considered to have a significant impact on the future of the local society and economy. The purpose of this collaboration between the two companies is to address the issues surrounding business successors and support growth strategies, thereby contributing to the realization and development of a sustainable local community.
In July 2023, the Company established a joint venture called "NOBUNAGA Succession Inc." with Juroku Financial Group, Inc., and in April 2024, it also established another joint venture called "Kyushu M&A Advisors Co., Ltd." in collaboration with The Higo Bank, Ltd. and E.SUN Venture Capital Co., Ltd. This aims to strengthen cooperation with regional financial institutions while supporting M&A for small and medium-sized enterprises.
By leveraging the strengths of this joint investment with the Bank, the Company will utilize the full capabilities of its Group to provide high-quality M&A support to everyone in the Okinawa area.

*Teikoku Databank's research: "Kyushu and Okinawa Region 'Successor Absence Rate' Trend Survey (2024)"

Timing and Method of Joint Venture Launch

The Company is proceeding with considerations to establish a joint venture company with the Bank by the summer of 2025.
The specific details, such as the name of the joint venture company, start date of operations, amount of capital, and investment ratios, will be announced as soon as they are determined.

About Nihon M&A Center Holdings Inc.
Company name: Nihon M&A Center Holdings Inc. (Stock code: 2127 on TSE Prime Market)
President and Representative Director: Suguru Miyake
Head office: 24F TEKKO BUILDING 1-8-2, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-0005
Primary business: Management of consolidated subsidiaries and affiliated companies
Established: April 1991
Office locations in Japan: Tokyo, Osaka, Nagoya, Fukuoka, Sapporo, Hiroshima, Okinawa
(Locations include those in which its subsidiaries operate)

Media inquiries: Send emails to the public relations department at pr@nihon-ma.co.jp at Nihon M&A Center Inc.