Bain Capital and Nojima Corporation Agree to Transfer Shares of BCJ-59, the Sole Shareholder of STREET HOLDINGS

This is to notify you that Bain Capital Private Equity, LP (including its group; hereinafter “Bain Capital”) has today entered into the final agreement with Nojima Corporation (hereinafter “Nojima”) to transfer shares of BCJ-59, which owns all shares of STREET HOLDINGS Inc. (hereinafter “STREET HD”).

STREET HD owns Tri-Stage Inc., which operates DM businesses including TV shopping; adflex communications, inc., which operates DX businesses including digital marketing and digital transformation support; and Nippon Department Store Inc. which operates D2C businesses including the Nippon Department Store brand retail stores.

Bain Capital acquired Tri-Stage shares in Year 2022 [1] and has been working on a number of measures to strengthen sales strategies, improve operations, and restructure the company.

STREET HD, as a member of Nojima, will strive to create new added values to enrich the lives of its customers and achieve further growth.

About Bain Capital Private Equity

Bain Capital is one of the world's leading private investment firms that creates lasting impact for investors, teams, businesses, and communities. Since its founding in 1984, Bain Capital has leveraged insight and experience to organically grow in a number of investment areas, including private equity, credit, public equity, venture capital, real estate, life sciences, insurance, and other strategic focus areas. With 24 offices on 4 continents, the firm employs more than 1,850 persons and has approximately 1,850 US$ billion in assets under management. To learn more, visit www.baincapital.com. Follow @BainCapital on LinkedIn and X (Twitter).

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[1] Transitioned to the current structure in March, 2023 with the implementation of a holding company system.