Jafco assured of no losses despite portfolio company's stock drop

JAFCO Group Co., Ltd. (TSE:8595) has issued a statement addressing investor inquiries regarding the declining stock price of alt Inc., a company in which JAFCO invested through a managed fund. The announcement comes after alt Inc. released a press release on April 25, 2025, concerning the establishment of a third-party committee and the delayed disclosure of financial results for the first quarter of the fiscal year ending December 2025. JAFCO assures investors that it has already recovered an amount exceeding the book value of its investment in alt Inc., confirming that it anticipates no investment loss related to this investment. The company released this information to maintain fairness in its investor relations activities.