Operating Profit Up 3.3x, GTV +45%: Envalith Initiates Research Coverage on Makuake, the Creator of the 'Support Purchase' Market

Envalith Co., Ltd. (Headquarters: Shibuya-ku, Tokyo; President & CEO: Koichi Kawai; hereinafter "the Company"), developer of a next-generation equity research platform, announced today the release of a Q2 FY2026 earnings preview report for Makuake, Inc. (Headquarters: Meguro-ku, Tokyo; President & CEO: Ryotaro Nakayama; Stock Code: 4479).

ENVALITH: A Next-Generation Equity Research Platform ENVALITH is a platform that delivers corporate value information for listed companies to institutional and individual investors both domestically and internationally in three languages: Japanese, English, and Chinese.

Key Features: - Instant Earnings Reports: Provides multi-faceted analysis immediately after earnings announcements or briefings, published globally from an independent, objective, and neutral perspective. - Global and Direct Distribution Network: Distribution covers global financial terminals such as Bloomberg, FactSet, Factiva, and AlphaSense, as well as domestic Japanese platforms like Kabutan, IFIS, QUICK, and various social media channels.

Comment from Koichi Kawai, President & CEO and Head of Global Investment Research: "Since its founding in 2013, Makuake has created a new market concept with its 'support purchase service for new things and experiences.' We are delighted to begin research coverage for Makuake, which operates one of Japan's largest support purchase platforms.

The company is expanding its platform base through partnerships with approximately 100 financial institutions nationwide and domestic/international distribution partners. In Q1 FY2026, its Gross Transaction Value (GTV) jumped +45.1% year-on-year, and sales rose +49.2%. Its operating profit of 334 million yen has already reached 83.5% of the full-year plan of 400 million yen.

Envalith will contribute to the revitalization of Japan's capital market by delivering the value of companies opening new markets to investors worldwide in Japanese, English, and Chinese."

Company Profile: Envalith Co., Ltd. Location: XC Shibuya Shinsen Bldg., 2-20 Shinsen-cho, Shibuya-ku, Tokyo Established: November 2025 Representative: Koichi Kawai, President & CEO Business: Provision of next-generation equity research and IR support for companies URL: https://www.envalith.com