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Sojitz Corporation and Japan Investment Adviser form capital and business alliance, voting rights stake to reach 19.97%

Fri May 22, 2026 6:09 pm JST Catalyst

Sojitz Corporation <2768> and Japan Investment Adviser Co.,Ltd. <7172> announced after the market close on May 22 that they have formed a capital and business alliance. Under the agreement, shares held by Naoto Shiraiwa, a major shareholder of Japan Investment Adviser, will be sold to Sojitz, while Japan Investment Adviser will issue new shares to Sojitz through a third-party allotment. As a result, Sojitz's voting stake in Japan Investment Adviser is expected to rise to 19.97% from 0.66% at the end of last year, making it the second-largest shareholder.

Japan Investment Adviser will raise approximately 3.4 billion yen in net proceeds, which will be used as loans for its subsidiary JP Lease Products & Services (JLPS). JLPS will allocate these funds to acquire silent partnership investment interests when structuring operating lease products, thereby increasing opportunities to structure and sell such products.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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