NA Group Co., Ltd. (Head Office: Shibuya-ku, Tokyo; Representative Director: Masanori Nara; hereinafter "NA Group"), whose philosophy is "Creating culture through food," is pleased to announce that it has acquired all shares of SEED Co., Ltd. (hereinafter "SEED") and made it a wholly owned subsidiary, with the aim of strengthening its business foundation and creating group synergy. Background of Share Acquisition (Subsidiary Establishment): To give shape to each individual's "aspirations." Under the philosophy of "Creating culture through food," NA Group has pursued "understanding tradition, sublimating it into culture, and creating stores rooted in the community." Meanwhile, SEED Co., Ltd. (hereinafter "SEED") possesses unique know-how and a network, and develops services with high expertise and passion in specific areas. By SEED becoming a member of our group, the fusion of both companies' "passion for food" and "management resources" will be realized. We have determined that this will not only lead to an expansion of scale but also enable the creation of higher added value in the ever-changing food and beverage industry, leading to this complete subsidiary acquisition. ■ Main Objectives and Synergies from Integration Pursuit of "Emotional Value" and Service Improvement By combining NA Group's hospitality spirit with SEED's strengths, we will provide customers with unprecedented emotional experiences not only through the improvement of existing stores but also in the development of new business formats. Advancement of Management Foundation and Operations By sharing the management systems and on-site knowledge of both companies, and by consolidating back-office functions and enhancing operational autonomy, we will build a sustainable management system that is resilient to change. Creation of Growth Opportunities through Personnel Exchange We will promote exchange among staff members with diverse career backgrounds, strengthen the honing of culinary techniques and s