WAmazing Inc. and ITFOR Inc. Form Capital and Business Alliance to Launch Regional Revitalization Infrastructure Business in the Inbound Sector

WAmazing Inc. (Headquarters: Taito-ku, Tokyo; Representative Director: Fumiko Kato) and ITFOR Inc. (Headquarters: Chiyoda-ku, Tokyo; President and Representative Director: Koji Sakata; hereinafter "ITFOR") entered into a capital and business alliance on April 1, 2026. Our company provides services for inbound tourists, with over 600,000 members, allowing them to order (reserve) products online "before and during their trip" and receive them tax-free at their preferred timing before departing Japan. This is done through dedicated tax-free vending machines (patented) installed at major airports and airport stations nationwide, or at over 160 hotels and other locations across the country. In preparation for the revision of the consumption tax exemption system (export article sales place system) to be implemented from November 2026, we are developing Tax Free As A Service (TFaaS), which provides our system infrastructure and operational know-how as a SaaS model to retailers, manufacturers, and e-commerce businesses. This time, our company is forming a capital and business alliance with ITFOR, whose corporate purpose is to contribute to society through regional revitalization by providing systems and services primarily to regional financial institutions, local governments, and local department stores. Through this alliance, we aim to jointly launch a social infrastructure provision business that combines ITFOR's customer and sales base with our TFaaS platform to promote the penetration of inbound consumption demand into local areas. TFaaS is a consumption tax-free sales platform that can be flexibly built, from backend use for tax-free sales procedures and refund data linkage, to multilingual e-commerce, and shared use of delivery infrastructure. With the revision of the consumption tax exemption system (export article sales place system) to be implemented from November 2026, this platform provides essential elements for tax-free sales in a centralized manner. These elements, which would be difficult and inefficient for individual businesses to handle alone, include "securing and shared use of export article sales places (tax-free vending machines, nationwide tax-free pickup points)," "creation, transmission, and management of purchase record information," and "automatic acquisition of customs confirmation information and linkage with refund schemes for consumption tax refunds." In addition to "one-stop provision" that allows businesses to open stores on our multilingual e-commerce site with over 600,000 members and utilize our integrated fulfillment network for delivery, pickup, and tax-free procedures, it is also possible for companies that already have their own sales channels to link and use "only the backend platform" for tax-free and refund processes, which will be a challenge under the new system. *Actual refund processing (fund transfer) equivalent to the consumption tax will be carried out through affiliated fund transfer service providers in accordance with laws and regulations. Company Overview [WAmazing Inc.] Location: Naganuma Building 201, 1-17-12 Misuji, Taito-ku, Tokyo Founded: July 2016 Representative: Fumiko Kato, Representative Director Business Activities: E-commerce business at consumption tax-exempt prices, online travel agent business for foreign tourists including ski resort related products, transportation tickets, and experience activities (URL: https://corp.wamazing.com/) [ITFOR Inc.] Location: Ichibancho Tokyu Building 12F, 21 Ichibancho, Chiyoda-ku, Tokyo Established: December 1972 Representative: Koji Sakata, President and Representative Director Listing: Tokyo Stock Exchange Prime (4743) URL: https://www.itfor.co.jp Business Activities: Provides solutions for "financial institutions," "public institutions," "retailers/e-commerce businesses," "cashless payment solutions," "contact center solutions," and "security/infrastructure solutions," in addition to "customer services" that provide maintenance and operation after system implementation.