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NiX Group and Shoei Industries Join Forces in Indonesia

In an important development for overseas business ventures, NiX Group, based in Toyama, Japan, has successfully entered into an advisory contract with Shoei Industries, also headquartered in Toyama. This partnership aims to support the establishment of PT. Shoei Capital Indonesia (SCI), a local subsidiary in Indonesia, along with facilitating investment activities in the region.

Led by President Akira Morito from NiX JAPAN and President Wataru Yoshio from Shoei Industries, the establishment of SCI marks a significant step in enhancing investment opportunities within Indonesia. NiX Group's Indonesian subsidiary, PT. NiX Capital Indonesia (NCI), will leverage its extensive experience in overseas business development and established networks to support Shoei Industries in their Indonesian activities. This involves providing information on potential investment companies and facilitating investment contract procedures.

As a landmark investment project, SCI will initially channel resources into PT. Indo Graha Lestari, a real estate developer focusing on land development. This inaugural investment is set to be executed by June 2025, signaling the beginning of SCI's venture into Indonesia's land development sector.

NCI commits to continuing support for SCI through strategic partnerships, focusing on discovering promising investment opportunities and assisting not only in investment but also in managing and fostering growth at SCI and its investment targets.

The Economic Landscape of Indonesia

Indonesia has emerged as a promising market within the ASEAN region, demonstrating strong economic growth. NCI aims not only to further its own investment projects but also to assist Japanese businesses looking to expand overseas. By doing so, NCI seeks to enhance its corporate value alongside those of its partners, contributing to the development of the Indonesian economy.

About PT. Shoei Capital Indonesia

Formal Name: PT. Shoei Capital Indonesia
Established: May 2025
Headquarters: Sequis Tower, 17th Floor, Jl. Jend. Sudirman No. 71, Kebayoran Baru, South Jakarta, Indonesia
Shareholders: Shoei Industries (90%), Shoei Welfare Co., Ltd (10%)
Directors:

• - Representative Director: Wataru Yoshio (NiX JAPAN)
• - Director: Bambang Indrawan Cahya Putra (NiX Capital Indonesia)

Auditors:

• - Lead Auditor: Masahiro Morito (Shoei Industries President)
• - Auditor: Yusuke Nishino (Shoei Industries Managing Director)

About Shoei Industries

Shoei Industries was founded in December 1998 and operates in various sectors, including residential design and construction, interior sales, food services, and real estate, primarily in Toyama, Ishikawa, and Tokyo. The company's subsidiary, Shoei Welfare Co., Ltd, handles the nursing care business, while Kitahon Printing Co., Ltd focuses on printing services.

About PT. NiX Capital Indonesia (NCI)

As a key player in NiX Group's overseas operations, NCI is engaged in energy projects like hydropower and solar energy, alongside electric bike ventures. Established in January 2023, NCI primarily focuses on investment and advisory services within Indonesia, leveraging the country's remarkable economic growth potential. NCI manages a diverse array of investment assets, including LP gas and cash management ventures.

• - Headquarters: Menara Jamsostek, North Tower, 14th Floor, Jl. Jend. Gatot Subroto Kav. 38, Jakarta, Indonesia
• - President: Wataru Yoshio, who also serves in a significant position at NiX JAPAN
• - Director: Bambang Indrawan Cahya Putra
• - Lead Auditor: Tomoaki Ichimori from NiX JAPAN

The collaborative efforts between NiX Group and Shoei Industries signify a promising step towards enhancing investment activities and economic contributions in Indonesia — an exciting venture to watch as it unfolds.