COCOZAS Inc. (Headquarters: Minato-ku, Tokyo; CEO: Yoshito Ando; hereinafter "COCOZAS") is pleased to announce that it has acquired all shares of Shiki Living LLC (Headquarters: Hakuba-mura, Kitaazumi-gun, Nagano Prefecture; hereinafter "SHIKI LIVING"), a company operating and managing vacation rentals based in Hakuba Village, Nagano Prefecture, and has welcomed it into the COCOZAS Group. Background of M&A In recent years, the Hakuba area has become one of Japan's leading resort destinations, attracting significant attention from both domestic and international visitors, driven by the recovery of inbound demand and the growing need for long-term stays. COCOZAS also operates the "COCO VILLA Hakuba" (two buildings, 01 and 02, on the premises) in the Hakuba area and is currently planning to open a new facility, "COCO VILLA Hakuba Meitetsu." SHIKI LIVING has been involved in the operation and management of numerous accommodations primarily in the Hakuba area, cultivating a network with overseas owners and accumulating on-site operational expertise. Through this integration into the group, the COCOZAS Group will strengthen its operational foundation in the Hakuba area and further promote the expansion of the nationwide "& VILLA" network and the improvement of operational quality. About SHIKI LIVING SHIKI LIVING is a vacation rental management company based in Hakuba Village, Nagano Prefecture, engaged in accommodation facility operation and management, guest services, and owner support. It has a network with domestic and international owners, primarily in the Hakuba area, and provides high-quality accommodation experiences. Future Development The COCOZAS Group aims to enhance accommodation facility operations in the Hakuba area by integrating the development and operational expertise gained from "COCO VILLA" with SHIKI LIVING's locally rooted operational capabilities. Furthermore, we will promote the expansion of services for accommodation facility owners in leading dome