Investment Executed in NAGANO Naorai Co., Ltd., Which Ages Time and Brews People and Society

Mirai Doru Co., Ltd. (Headquarters: Minato-ku, Tokyo; Chairman and President: Daisuke Sawada; hereinafter referred to as "Mirai Doru") is pleased to announce that, in collaboration with the Japan Finance Corporation (hereinafter referred to as "Japan Finance Corporation") of Nagano Prefecture, it has executed an investment in NAGANO Naorai Co., Ltd. (Headquarters: Aokijima, Nagano City; Representatives: Koichiro Miyake, Yoshio Kimura; hereinafter referred to as "NAGANO Naorai") through the "Shinshu Startup & Succession Support No. 2 Investment Business Limited Partnership" (hereinafter referred to as "Shinshu SS2 Fund"), jointly established with financial institutions in the prefecture. This investment is a coordinated financing with Nagano Shinkin Bank and The 82 Bank, Ltd.

  ◆About the Investee Company

NAGANO Naorai is a Nagano-based startup that manufactures and sells the high-value luxury spirit "JOCHU" using the proprietary technology "Teion Joryu" (low-temperature distillation) held by its affiliated company, Naorai Co., Ltd. (Headquarters: Kure City, Hiroshima Prefecture). This technology allows the preservation of the original aroma of sake. The company plans to procure sake from breweries within Nagano Prefecture, which boasts one of the highest numbers of sake breweries in Japan, and sell the distilled spirit through its stores, online, and wholesale channels. NAGANO Naorai aims to add value to Nagano's rich sake culture and pass it on to the next generation.

Company Name	NAGANO Naorai Co., Ltd.
Representative Directors	Koichiro Miyake, Yoshio Kimura
Location	Aokijima 3-chome 5-1, Nagano City, Nagano Prefecture
Date of Establishment	July 2025

◆About the Shinshu SS2 Fund

This fund was jointly established by Mirai Doru, Nagano Prefecture, and the Japan Finance Corporation, in collaboration with regional financial institutions in Nagano Prefecture. Its purpose is to foster regional economic development and create new employment by providing investment capital to companies in their startup or second startup phases, as well as to companies facing issues with successor stock buyouts in business succession.

◆About Mirai Doru

Mirai Doru engages in "Regional Revitalization Funds" to support venture companies in local regions, "CVC Funds" to promote open innovation for business companies, and "Theme-based Funds" that support industry revitalization by focusing on specific investment areas. In addition to providing capital, Mirai Doru also offers support for long-term business continuity through business development, human resource development, and business consulting.

Company Name	Mirai Doru Co., Ltd. AI Fusion Capital Group Co., Ltd. (TSE Standard Securities Code 254A) 100% subsidiary
Chairman and President	Daisuke Sawada
Headquarters Location	1-9-9 Roppongi, Minato-ku, Tokyo
URL	https://www.fvc.co.jp/