Zenkoku Hosho forms capital and business alliance with MFS
Zenkoku Hosho Co., Ltd. announced a capital and business alliance with MFS, Inc., a company operating online housing loan comparison and real estate investment platforms. As part of the capital alliance, Zenkoku Hosho will subscribe to 1,019,600 common shares of MFS at JPY 262 per share, totaling an investment of JPY 267 million. This investment will result in Zenkoku Hosho holding a 10.0% voting interest in MFS.
The business alliance aims to conduct joint research for more sophisticated loan screening processes using AI and new technologies. Additionally, it seeks to expand MFS's "Mogecheck" service among financial institutions and real estate businesses by leveraging both companies' partnership networks. MFS reported net sales of JPY 2,917 million and a profit of JPY 160 million for the fiscal year ended June 2025.
Zenkoku Hosho, a credit guarantee service provider, views this partnership as a step towards its vision of becoming a housing loan platformer, aligning with its "Next Phase: Growth and Value Creation" Medium-Term Management Plan. The company anticipates a minimal impact on its consolidated financial results from this alliance.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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