Nomura Capital Partners Co., Ltd. (NCAP), a wholly owned subsidiary of Nomura Holdings, Inc., is pleased to announce that it has entered into a capital alliance with Tap Co., Ltd. ("Tap"), through Nomura Capital Partners 2 Investment Limited Partnership, a fund managed by NCAP. The shareholding ratio and the deal value are undisclosed.

Tap has been a leading solution vendor specializing in property management systems (PMS) for hotels and inns for nearly 40 years since its founding in 1987. Highly valued for its customizable and stable maintenance systems, the company has built solid relationships with major hotel chains in Japan, significantly contributing to enhancing the value of hospitality services.

In collaboration with robotics and telecommunications companies, Tap is also conducting research and development at its proof-of-concept facility, Tap Hospitality Lab Okinawa (THL), focusing on digital transformation (DX) in the tourism and hospitality industry in order to improve industry-wide productivity and customer experience.

The hospitality industry plays a crucial role in the tourism sector, a leading growth industry fully supported by the Japanese government. At the same time, hotel chains are facing challenges in acquiring talent, operational efficiency, and enhancing management due to the growing demand for their services.

Tap will play an increasingly important role in providing essential systems that enhance productivity and customer experience. NCAP will support Tap's development in the tourism industry by leveraging Nomura Group's extensive network and financial expertise.

NCAP is committed to providing equity and other solutions to meet the diversified and sophisticated needs of its clients. NCAP will work together with clients to help resolve the various challenges they face and grow their businesses.

Nomura

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.