Pinpin Kirari Secures 50 Million Yen from Shoko Chukin Bank to Strengthen Housekeeping and Childcare Support Services

Overview of Financing

Pinpin Kirari Inc. has announced that it has secured 50 million yen in funding through a loan from The Shoko Chukin Bank, Ltd. The financing was executed without personal guarantees from management, in compliance with the Guidelines for Management Guarantees. The newly acquired funds will be allocated to strengthening the service infrastructure and business framework for "Kirari Life Support," a daily living assistance service where seniors support housework and childcare, aiming for further business expansion.

About Pinpin Kirari Inc.

Operating under the corporate philosophy of "Seniors Shining, Illuminating Society," the company provides "Kirari Life Support," a lifestyle assistance service encompassing housekeeping and babysitting. Through services such as cleaning, cooking, and childcare assistance, the company supports the diversifying lifestyles of households with children, while providing seniors with opportunities to leverage their accumulated experience and skills to stay connected to society and remain active.

Purpose of Funding and Future Outlook

By reinforcing its service foundation through this funding round, the company aims to establish an environment where it can deliver reliable services to an even greater number of families. This business model, which bridges the active engagement of senior talent with support for child-rearing households, is anticipated to serve as a solution to social challenges in a declining population society. Moving forward, Pinpin Kirari plans to advance its operational structure to further grow "Kirari Life Support" into a service of high value for both seniors and child-rearing households.

Lenders

• The Shoko Chukin Bank, Ltd.