L&F Co., Ltd. (Headquarters: Chiba City, Chiba Prefecture, Representative Director: Hisazumi Mori, hereinafter: L&F) completed the first close of its Series A round with the participation of Regional and People's Future CJS No. 2 Investment Business Limited Partnership as the underwriter in late January 2026. We have now welcomed three new investors as the second close: Kyushu Open Innovation No. 2 Investment Business Limited Partnership (Joint GPs: GxPartners LLP/FFG Venture Business Partners), SG Incubate No. 3 Investment Business Limited Partnership (SG Incubate Inc.), and HOXIN Inc. This brings the total amount raised in the Series A round to 110 million yen, exceeding our initial fundraising target. We believe this is a result of the evaluation of our business growth potential in the vacant property sector, our social significance, and our potential for collaboration with regional financial institutions and local governments. The funds raised will be used to strengthen personnel recruitment and organizational structure, improve operational efficiency using AI technology and develop new services and products, invest in vacant property revitalization projects, and enhance partnerships with financial institutions and local governments. [Background and Purpose of Fundraising] The environment surrounding vacant properties is changing year by year, and issues related to vacant properties are becoming more complex due to factors such as the aging of owners, an increase in inheritance, remote ownership, and the growing burden of management. In this situation, expectations are also rising for private services that support the proper management and utilization of vacant properties. L&F has been working to create a system that reduces the anxiety and burden of vacant property owners while contributing to the safety and security of communities, by combining its IT technology with a network of 257 affiliated stores (Akiya Supporters) nationwide. This fundraising aims to imp