14 Okinawa-based Companies and Funds Invest in CBcloud

CBcloud Co., Ltd. (Headquarters: Naha City, Okinawa Prefecture; Representative Director and CEO: Ryuichi Matsumoto; hereinafter "CBcloud"), which aims to create new value in the logistics industry utilizing IT, announces that as of March 31, it has received investment from 14 companies operating in Okinawa Prefecture. Having relocated its headquarters to Okinawa in 2024, CBcloud is strengthening its local recruitment with the goal of business growth and contributing to Okinawa. Specifically, the number of employees has increased nearly threefold over the past year. Under these circumstances, as a company rooted in Okinawa, we will further strengthen cooperation with local companies to prevent the drain of excellent local talent, develop the regional economy, and address social issues.

■ Participating Investors (in alphabetical order)

- Adplan Creates Co., Ltd. (Headquarters: Naha City, Representative Director: Noriyuki Nakamoto)
- Okinawa Television Broadcasting Co., Ltd. (Headquarters: Naha City, Representative Director and President: Ken Ganaha)
- Okinawa Electric Power Company, Incorporated (Headquarters: Urasoe City, Representative Director and President: Satoshi Yokota)
- Symba Holdings Co., Ltd. (Headquarters: Urasoe City, Representative Director and Chairman: Shigenobu Asato)
- "Shinryo Fund (Shinryo No.1 Investment Limited Partnership)" (Management: Four Seeds Co., Ltd.)
- Takunan Honsha Co., Ltd. (Headquarters: Naha City, Representative Director and President: Noboru Kohatsu)
- "BOR Venture Fund No. 2 (BOR Venture Fund No. 2 Investment Limited Partnership)" (Management: Ryukyu Capital Co., Ltd., Bank of The Ryukyus, Limited)
- Yugafu Holdings Co., Ltd. (Headquarters: Nago City, Representative Director and President: Takako Maeda)
- Ryubo Co., Ltd. (Headquarters: Naha City, Representative Director and President: Goichi Itokazu)
- The Ryukyu Shimpo Co., Ltd. (Headquarters: Naha City, Representative Director and President: Hitoshi Fukuhara)
- Ryukyu Broadcasting Corporation (Headquarters: Naha City, Representative Director and President: Kazuhiko Nakamura)
- Ryuyaku Co., Ltd. (Headquarters: Urasoe City, Representative Director and President: Katsuya Higa), etc.

■ Background and Significance

Since its opening in April 2020, the Okinawa hub has played an important role in supporting the foundation of "PickGo", one of Japan's largest (*1) delivery platforms, and has proactively recruited excellent talent, including locals and those desiring to make a U/I-turn. Initially operating with two departments—operations and development—the hub expanded its job roles to include marketing and corporate departments following the headquarters' relocation to Okinawa in October 2024. As a result, the number of employees significantly increased from 21 at the end of 2021 to 91 by the end of 2025. Furthermore, the retention rate of engineers responsible for service planning, development, and improvement has remained at a high level.

CBcloud consistently handles everything from service planning and development to operations in Okinawa, and the core team consists mostly of Okinawa natives. We realize the high potential of Okinawan talent and plan to further strengthen recruitment and training moving forward. By collaborating with local companies as an Okinawan enterprise and maximizing the potential of local talent, we will provide diverse work options, prevent the drain of top talent to other prefectures, and serve as a receptacle for U/I-turns. Beyond CBcloud's further business growth, we aim to revitalize the local economy and contribute to the prefectural economy by collaborating with local businesses to solve Okinawa's economic challenges.

■ Future Initiatives and Outlook

Maximizing Talent Potential and Job Creation: We will maximize the high potential of talent in Okinawa Prefecture, provide diverse work options, prevent the outflow of excellent talent, and act as a hub for U/I-turns. Moving forward, we will accelerate the hiring of exceptional talent, particularly in Okinawa, to build an environment that fosters greater growth.

Creating Synergy through Corporate Collaboration: Leveraging the system development technology and know-how cultivated so far, we will contribute to solving issues and developing the regional economy through synergistic effects achieved by collaborating with our investing companies. In the short term, this includes solving land logistics issues and considering joint verification tests.

Fostering Innovation Momentum and Contributing to the Local Economy: Collaborating not only with private enterprises including investors but also with government administrations and various stakeholders, we will strengthen initiatives aimed at our further growth as a startup, cultivating entrepreneurs, and fostering a momentum for innovation within the prefecture.

About "PickGo"

"PickGo" is one of Japan's largest (*1) delivery platforms that directly connects shippers with delivery partners. PickGo has registered delivery partners including approximately 70,000 light cargo vehicles, 40,000 motorcycles, and 3,400 general freight companies (*1), allowing easy vehicle arrangements online 24 hours a day, 365 days a year, anywhere in the country. From request to contract completion takes as little as under 1 minute, achieving a dispatch rate of 96.5% (*2). We stably meet the diversifying delivery needs of shippers while enhancing the added value and productivity of transport companies and drivers. By paying appropriate compensation, we build a sustainable delivery platform where both parties achieve a win-win relationship.

(*1) In-house research, July 2025, domestic transport