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IZAWA TOWEL CO.,LTD. Conducts an IPO

We are pleased to announce that IZAWA TOWEL CO.,LTD., one of our portfolio companies, has been newly listed on the TSE Standard Market as of June 20, 2025.

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IZAWA TOWEL CO.,LTD. is a leading towel manufacturer in Japan with over 50 years of experience. They produce ODM products for numerous brands and major companies, handling all aspects of towel production. Their expertise in design, manufacturing, import/export, and sales allows them to continuously pursue technological innovation and quality improvement. Guided by the vision of "Create a global standard for towels and demonstrate your presence in the global market," they continue to challenge themselves to enhance their presence in the global market. With a foundation of trust rooted in tradition and an unwavering commitment to innovation, they are redefining the norms of the towel industry.

For investor relations information, please visit the following website:

https://www.izawa-towel.com/ir (in Japanese Only)