OIC Group to acquire stake in Cookbiz, forming capital alliance

Cookbiz Inc. announced that OIC Group Inc. will acquire 140,000 shares, representing 5.02% of Cookbiz's total voting rights, on December 10, 2025. This acquisition formalizes a capital and business alliance aimed at enhancing Cookbiz's HR services for the food industry and supporting OIC Group's expansion, including global recruitment and joint product development. The alliance is expected to create synergies in recruitment and talent development.

The company's board of directors also approved the issuance of 1,200 new share options on December 10, 2025, to its directors and employees, equivalent to 120,000 common shares. Concurrently, Cookbiz employees have voluntarily forfeited 810 existing share options (81,000 shares) from its 4th, 5th, 6th, and 7th series due to current market conditions, resulting in an extraordinary gain of approximately JPY 31 million for the fiscal year ending November 2026.

This strategic move aims to boost employee motivation and reinforce Cookbiz's corporate value while expanding its business scope through diversified ventures. The net effect of the new options and forfeited options will result in a dilution of approximately 1.4%.