Japan Investment Adviser Co.,ltd.TSE: 7172

Notice of the listing of Heartcore Enterprise, Inc. in which we invested, on NASDAQ

· Issued by Japan Investment Adviser Co.,ltd.

February 14, 2022

Company

Japan Investment Adviser Co., Ltd.

Representative

Naoto Shiraiwa, President & CEO

(TSE First Section, Stock Code: 7172)

Contact

Board Director, Takeshi Sugimoto

TEL.

81-3-6550-9307

Notice of the listing of Heartcore Enterprise, Inc.

in which we invested, on NASDAQ

Japan Investment Adviser hereby announces that Heartcore Enterprise, Inc., in which our group invested, got listed newly on the NASDAQ.

1. About Heartcore

Heartcore Enterprise, Inc. is a holding company that owns Heartcore Inc.in Japan. 【Heartcore, Inc. Plofile】

(1)Company name

Heartcore, Inc.

(2)Address

Shirakiji Bldg. 3F, 1-2-33,Higashi-gotanda, Shinagawa-

ku, Tokyo, 141-0022 Japan

(3)Representative

President Sumitaka Kanno

(4)Description

Development, sales, and maintenance of various solutions

of Business

that support digital transformation (DX)

(5)Establishment

June 12 ,2009

(6)Homepage

https://www.heartcore.co.jp/(JP)

https://www.heartcore.co.jp/?version=en(EN)

(Reference)

Refer to our release "New Investment in Private Equity Investment Business" dated November 24, 2021. https://ssl4.eir-parts.net/doc/7172/ir_material4/172163/00.pdf

2. Schedule

(1)

Listing date

February 10,2022

(2)

Ticker symbol

HTCR

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3.Future outlook

At this time, we are unable to estimate the impact of this matter on our business performance for the fiscal year ending December 31, 2022, but we will disclose such information as soon as it becomes necessary to do so.

Inquiries: PR/IR group

TEL: 81-3-6550-9307

End

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