Announcement of Capital Increase Completion at KaKa Merch Inc.

Please accept our sincerest gratitude for your unwavering support. KaKa Merch Inc., a subsidiary of KaKa Creation Inc., has successfully raised its capital to ¥91,000,000 (inclusive of reserve funds) following approval at the shareholders’ meeting on September 13, Reiwa 5 (2023). We are excited to report this significant milestone. With this capital increase fortifying our financial base, we are dedicated to harnessing AI technology to amplify and disseminate the allure of Japan’s exceptional craftsmanship on a global scale. We eagerly anticipate your continued guidance and encouragement.