FamilyMart UNY Holdings Announces Establishment of UFI FUTECH

FamilyMart UNY Holdings to Promote Fintech-related Businesses

FamilyMart UNY Holdings Co., Ltd. (headquartered in Toshima-ku, Tokyo; Koji Takayanagi, Representative Director and President; hereinafter "FamilyMart UNY") announced that FamilyMart UNY and ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Masahiro Okafuji, President & CEO; hereinafter "ITOCHU") have today established a new company called UFI FUTECH (denoting UNY FamilyMart ITOCHU future technology), which was renamed from famima.com Co., Ltd., with the aim of promoting the fintech-related businesses of FamilyMart UNY.

  1. Objective and Purpose

    Today, FamilyMart UNY restructured itself to improve its functions and governance.

    FamilyMart Co.,Ltd. then transferred all shares of famima.com Co., Ltd. held by FamilyMart Co., Ltd. to FamilyMart UNY, and famima.com Co., Ltd. was renamed UFI FUTECH.

    FamilyMart UNY and ITOCHU will strengthen their ties, including personnel exchanges, and operate

    fintech-related businesses such as electronic money, credit cards, shopping points, and IDs in corporation with UNY, FamilyMart, and other group companies through UFI FUTECH.

  2. Company Profile

(1)

Name

UFI FUTECH Co., Ltd.

(2)

Location

3-1-3 Higashi Ikebukuro, Toshima-ku, Tokyo

(3)

Title and Name of

Representative

Takashi Sawada, President

(4)

Business Lines

  • Operation of fintech-related businesses, including electronic money, credit cards, shopping points, and IDs

  • Service business, entertainment business, and marketing solution business

(5)

Capital

400 million yen

(6)

Date of Establishment

May 19, 2000

(7)

Major Shareholders

and Percentage of Shareholdings

FamilyMart UNY Holdings Co., Ltd.: 72.33% ITOCHU Corporation: 27.67%

FamilyMart UNY Holdings Co. Ltd. published this content on 08 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 08 September 2017 09:07:02 UTC.

Original documenthttp://www.fu-hd.com/english/company/news_release/20170908release_UFHD.pdf

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