ぐるなび（2440） – Notice regarding Business Alliance with TENPOS HOLDINGS Co.,Ltd.

For immediate release Name of Listed Company: Listed Stock Exchanges: Stock Code: Representative: Gurunavi, Inc. Tokyo Stock Exchange 2440 Akio Sugihara, President Notice regarding Business Alliance with TENPOS HOLDINGS Co.,Ltd. May 25, 2022 ̶ The board of directors of Gurunavi, Inc. (the “Company”) today resolved to enter into a business alliance agreement with TENPOS HOLDINGS Co.,Ltd. (“Tenpos”) (hereinafter such business alliance shall be referred to as the “Business Alliance”, and such agreement on the Business Alliance shall be referred to as the “Business Alliance Agreement”) as detailed below: 1. Purpose and background of the Business AllianceThe Company has been developing restaurant support business centered on the sales promotion since itsfounding. Under the medium-term vision of “Evolve into management support company for restaurants”, theCompany is currently working to expand multifaced services that contribute to improving restaurantmanagement efficiency, such as ICT utilization support and business agency services.Tenpos has been developing its business mainly through the sale of used kitchen equipment. Under thepolicy of “increasing five-year survival rate of restaurants to 90%”, Tenpos is currently focusing on expandingthe information and service business that contributes to restaurant management support.Through the Business Alliance, the Company, with strength in management support centering on restaurantsales promotion, and Tenpos, with strength in support for opening and closing restaurants, aim to providemore comprehensive and higher value-added services throughout the entire process of restaurantmanagement, from opening to operation to closing, by leveraging mutual strengths. Specifically, theCompany and Tenpos plan to improve sales force and develop human resources through personnelexchange, promote sales collaboration of various services, product collaboration and planning new services.This will lead to the achievement of their medium-term vision and business policies mentioned above,improvement of corporate value, and ultimately to the realization of a sustainable restaurant industry.2. Details of the Business Alliance(1) Human resources exchange such as secondment for the purpose of improving the sales force anddeveloping human resources of the Company and Tenpos.(2) Sales and product collaboration, and joint product development for the purpose of expanding the valueprovided to customers of the Company and Tenpos.(3) Customer data linkage for the purpose of strengthening (2) above.(4) Business consignment from Tenpos to Gurunavi Promotion Community, Inc., a subsidiary of theCompany, for the purpose of expanding the value provided to Tenpos’ customers.(5) Collaboration between Gurunavi Support Associe, Inc., a subsidiary of the Company, and Tenpos forthe purpose of strengthening the Company’s and Tempos’ efforts to employ people with disabilities.3. Outline of the Business Alliance partner(1) Company name(2) Location(3) RepresentativeTENPOS HOLDINGS Co.,Ltd. 2-30-17 Higashikamata, Ota-ku, TokyoAtsushi Morishita, President and CEO 1 (4) Description of business (5) Capital (6) Date of establishment (7) Major shareholders and shareholding ratio (Rate of shares held to total number of shares issued excluding treasury stock) Equipment sales business for restaurants, restaurant management support business, restaurant management business, leasing / credit handling business, and other businesses 509 million yen March 31, 1997 Asashio.Co.Ltd Atsushi Morishita FUKUSHIMA GALILEI CO. LTD. MARUZEN CO.,LTD. Tomoko Hasegawa Masato Morishita Akiko Yamada Kiyoko Morishita Kazumitsu Morishita Employee stockholding association of Tenpos Busters, Inc. None None None None April 30, 2019 (8) Relationship with the Company Capital relationship Personal relationship Trade relationship Related party status (9) Financial Position and Performance in the Past 3 Fiscal Years Consolidated fiscal year ended Net assets Total assets Net assets per share (yen) Net sales Operating income Ordinary income Net income attributable to owners of parent Basic earnings per share (yen) Annual dividends (yen) (Note 1) As of April 30, 2021 (Note 2) In millions of yen unless specified otherwise 4. Schedule 10,683 15,181 762.80 30,134 1,953 2,091 1,010 84.54 10.00 April 30, 2020 April 30, 2021 12,173 16,284 838.37 29,195 1,722 1,903 960 79.82 10.00 (1) Date of the resolution by board of directors (2) Conclusion date of the Business Alliance Agreement May 25, 2022 May 25, 2022 5. Outlook Although the impact of the Business Alliance on the Company’s business performance in the current period is insignificant, we believe that it will contribute to the improvement of our business performance and corporate value in the medium to long term, as described in 1. above. 16.19% 15.59% 8.06% 4.28% 3.73% 3.72% 3.56% 3.54% 3.36% 0.62% 11,168 16,902 832.08 27,014 982 1,448 199 16.74 8.00 2 (Reference) Consolidated business forecasts for the year ending March 31, 2023 and consolidated operating results for the year ended March 31, 2022 Consolidated business forecasts for the year ending March 31, 2023 Consolidated operating results for the year ended March 31, 2022 Net sales Operating loss Ordinary loss Net loss attributable to owners of parent 12,800 (3,250) (3,250) (3,300) 12,852 (4,786) (4,692) (5,768) 3