www.grandes.jp/photo/ir_news/14/in148_list.pdf?80436782269e02ac5bb997=

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株式会社グランディーズ 連結子会社の増資に関するお知らせ

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https://www.grandes.jp/photo/ir_news/14/in148_list.pdf?80436782269e02ac5bb997

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This document announces that Grandies Co., Ltd. has decided to increase the capital of its consolidated subsidiary, Morizou Co., Ltd. The purpose of this capital increase is to improve Morizou's financial health, as Grandies will fully underwrite the increase. Morizou is a core business company for the group's expansion in the Kanto region and has faced operating losses and negative equity for the past three years. However, with a path to profitability now in sight, a shareholder allocation capital increase will be executed. The details include the issuance of 50,000 new shares at a price of 2,000 yen per share, with a payment deadline of October 23, 2024. After the increase, Morizou's capital will be 135 million yen, and the shareholder structure will remain 100% owned by Grandies.