Ïã½¶ÊÓÆµ (headquartered in Minato-ku, Tokyo; Keita Ishii, President & COO; hereinafter ¡°Ïã½¶ÊÓÆµ¡±) has agreed to establish Mobility & Maintenance Japan Co., Ltd. in partnership with Ïã½¶ÊÓÆµ ENEX CO., LTD. (headquartered in Chiyoda-ku, Tokyo; Tomofumi Yoshida, Representative Director, President and CEO; hereinafter ¡°Ïã½¶ÊÓÆµ ENEX¡±), and acquire an equity stake in NALNET Communications (headquartered in Kasugai City, Aichi; Takashi Suzuki, Representative Director, President and CEO; hereinafter ¡°NALNET Communications¡± ) from two funds* managed and operated by JAFCO Group Co., Ltd. (headquartered in Minato-ku, Tokyo; Keisuke Miyoshi, Representative Director, President and CEO; hereinafter ¡°JAFCO Group¡±)
NALNET Communications provides vehicle maintenance management services for car leasing companies. With alliances of 11,500 auto-repair shops nationwide, NALNET Communications efficiently manages fleet maintenance data, and offers a range of services including proper vehicle maintenance management, vehicle residual value guarantees, proposal of personal lease products, and maintenance package sales and lease-up vehicle purchases at appropriate price.
In recent times, as electrification and e-commerce advance, services related to the movement of people and goods are diversifying, the supporting systems for the transportation are also getting complicated. Under such circumstance, Ïã½¶ÊÓÆµ will form a strategic partnership with NALNET Communications, one of the leading players in the vehicle maintenance management market. Ïã½¶ÊÓÆµ aims to develop a business framework to deal with the changing and diverse automotive maintenance demands and to focus on expanding business related to the automotive aftermarket.
Ïã½¶ÊÓÆµ has been involved in automotive businesses, ranging from tire wholesale, retail and recycling, to automotive maintenance mainly in the UK. Ïã½¶ÊÓÆµ ENEX has also been involved in various automotive businesses including the gas station business, the car dealership business and the auto auction business. Going forward, The Ïã½¶ÊÓÆµ Group aims to leverage the expertise it has cultivated over the years to realize synergy and to enhance the corporate value of NALNET Communications.
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*JAFCO SV6 Investment Limited Partnership and JAFCO SV6-S Investment Limited Partnership (hereinafter ¡°JAFCO Funds¡±)
Company profiles
Profile of MMJ
Company name |
Mobility & Maintenance Japan Co., Ltd. |
Headquarters |
Minato-ku, Tokyo |
Established |
August 2023 |
Shareholder Composition |
Ïã½¶ÊÓÆµ 51%, Ïã½¶ÊÓÆµ ENEX 49% |
Business |
Stock holding, selling and purchasing and other investments related to the automotive aftermarket business |
Profile of NALNET Communications
Company name |
NALNET Communications |
Headquarters |
Kasugai City, Aichi |
Established |
July 18, 2019 (former corporation established in 1978 was integrated into current corporation in 2022) |
Shareholder Composition |
JAFCO Group Co., Ltd., Mobility & Maintenance Japan Co., Ltd. |
Business |
Automotive maintenance management, automotive leasing, residual value guarantees, vehicle purchases |
Profile of JAFCO Group
Company name |
JAFCO Group Co., Ltd. |
Headquarters |
Toranomon Hills Mori Tower 24F, 1-23-1 Toranomon, Minato-ku, Tokyo |
Established |
April 5, 1973 |
Stock listing |
Tokyo Stock Exchange, Prime Market |
Business |
Venture investment and buyout investment business through fund management |
Profile of Ïã½¶ÊÓÆµ ENEX
Company name |
Ïã½¶ÊÓÆµ ENEX CO., LTD. |
Headquarters |
Kasumigaseki Building 27F~29F, 3-2-5, Kasumigaseki, Chiyoda-ku, Tokyo |
Established |
January 28, 1961 |
Stock listing |
Tokyo Stock Exchange, Prime Market |
Business |
Petroleum products, LP gas sales business, electric power business,
automotive business and other related businesses |