Faith Network, which creates sophisticated urban spaces, makes custom kitchen manufacturer "Madre" a subsidiary, adding new value and flair to residences with original kitchens.

We are pleased to announce that Faith Network Co., Ltd. (Headquarters: Shibuya-ku, Tokyo; Representative Director and President: Jiro Hachiya; hereinafter "our company") has acquired shares of Madre Co., Ltd. (Headquarters: Setagaya-ku, Tokyo; Representative Director and President: Hitomi Yamane; hereinafter "Madre"), making it a subsidiary, and has welcomed it into our group as of today. ◆Background of Grouping Our company has been working on creating spaces that offer various experiential values, aiming to improve property value and achieve a "Well-Being lifestyle" in both our luxury rental residence series "THE GRANDUO" and our newly built RC condominium series "GranDuo," satisfying residents' desire to "live there" and owners' desire to "keep owning." Since its establishment in 2007, "Madre" has carefully addressed customers' lifestyles, designing and producing ideal kitchens, and has gained strong support, especially among women. Madre's philosophy in home building is to design everything from material selection to storage planning, lighting, and connections with the space, providing kitchens that combine design and functionality in ways that mass-produced items cannot match. This time, we decided to welcome "Madre" into our group with the aim of enhancing the grade of kitchens, which are one of the important elements of home value, further improving experiential value, and providing more satisfying condominiums. Madre's original kitchens and washstands, designed for long-term use and durability, will be adopted in Faith Network's luxury rental residence series "THE GRANDUO," starting with "THE GRANDUO FUKASAWA," scheduled for completion at the end of June 2027, and will be sequentially introduced into the "GranDuo" series as well. Faith Network, which aims to provide "rich experiences" that enhance the quality of life rather than just "housing," will collaborate with "Madre" from the design and planning stages to add new value and color to daily living. Madre Co., Ltd. Representative Director and President Hitomi Yamane (Yamane Hitomi) In 2007, established Madre, a company specializing in custom-made kitchens. Based on the philosophy that "the kitchen is the center of life," she has consistently handled the creation of completely custom-made kitchens that do not rely on ready-made products. With a strength in design capabilities that closely align with the lifestyles, traffic flows, and aesthetic sensibilities of users, she has a strong track record of installations in high-end residences and luxury rental properties. She has a reputation for proposing ways to enhance the value of the entire living space starting from the kitchen, and continues to build homes that transcend the boundaries of architecture and interior design. When considering "living," I believe the kitchen is indispensable to life itself and becomes the center of one's lifestyle. Until now, we have delivered many custom kitchens, washstands, and custom furniture, working closely with housing professionals such as architects and interior designers, and cooking professionals such as chefs and culinary researchers, while diligently honing our skills. By joining the Faith Network Group, we will be able to be involved in "living" from the planning stage, handling everything from kitchen design, planning, manufacturing, delivery, and installation consistently. We aim to realize a rich lifestyle starting from the kitchen and deliver even more high-value, tasteful living spaces to as many people as possible. Faith Network Co., Ltd. Representative Director and President Jiro Hachiya (Hachiya Jiro) Joined a financial institution in 1988 and handled over 5,000 loan cases for 12 years. Driven by the desire to provide services needed by customers, he established Faith Network in 2001 to develop investment properties. With a focus on "owner protection," he insisted on property development that makes people "want to live there" and "want to keep owning," establishing a business model centered on "Jyonan 3 Wards," "newly built RC condominiums," and "one-stop service." The company was listed on the Tokyo Stock Exchange Mothers in 2018, then moved to the First Section of the TSE, and from October 2023, transitioned to the Tokyo Stock Exchange Standard Market. He is constantly working to support customers in realizing their life plans with a customer-first approach. Up until now, in addition to location and architectural design, we have focused on spaces that enhance the quality of living. The kitchen creation by "Madre," led by Ms. Yamane, embodies a philosophy that deeply empathizes with the lives of the residents. Through this acquisition, we believe that the living spaces of "GranDuo" and "THE GRANDUO" will further improve in perfection and evolve into condominiums that resonate with aesthetic sensibilities. ◆Faith Network Co., Ltd. Company Overview https://faithnetwork.co.jp