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Business Engineering Corporation (Chiyoda-ku, Tokyo, President and CEO: Masakazu Haneda, hereinafter referred to as "B-EN-G") is a subsidiary of N-PAX Cebu Corporation (Headquarters: Cebu, Base: Manila, President/CEO Takahiro Toda, hereinafter referred to as " We would like to inform you that we have underwritten the third-party allotment of capital of N-PAX Cebu and have made an additional investment. As a result, B-EN-G's investment ratio in N-PAX Cebu became 13.57%. Additionally, the Company will dispatch a director (part-time).

B-EN-G sells the production, sales, and cost management package software "mcframe series" developed in-house both domestically and internationally. In order to strengthen sales and introduction in the Philippines, we entered into a sales and introduction partner agreement with N-PAX Cebu in 2017, and in 2019 we took an equity stake in N-PAX Cebu to strengthen our relationship. .

This additional investment will further strengthen the sales and introduction of mcframe in the Philippines, and expand the collaborative relationship with N-PAX Cebu, which previously only targeted mcframe GA, to other mcframe series products (mcframe 7, CS, IoT, etc.). ) is the biggest objective. In the Philippines, there is plenty of room to expand business in the production management field, which is mcframe's specialty.Coupled with N-PAX Cebu's accurate and detailed installation support service, which has been well received by customers, we are looking forward to the future mcframe series. Further expansion of product sales and introduction is expected.

Additionally, as we move forward with sales and introduction in the Philippines, we hope to develop human resources with English proficiency who can support the introduction of mcframe series products, and strengthen our sales and introduction system for English-speaking customers outside the Philippines. I am.

■About mcframe
mcframe is an in-house developed package software that promotes the digitalization of manufacturing, focusing on production, sales, and cost management, and also includes ERP, IoT, and PLM products for overseas markets. Since its release in 1996, it has been a part of Japanese manufacturing for a quarter of a century and has been introduced by over 1,500 companies and their group companies.
Featuring a wide range of standard functions and high flexibility, we help solve problems in many manufacturing industries, from assembly and processing to processes, from large companies to small and medium-sized enterprises, and from domestic to overseas.
Details of mcframe https://www.mcframe.com/about Please refer to the.

■About N-PAX Cebu Corporation
In the Philippines, we are an IT company with over 20 years of experience in providing IT services centered on building core business systems for companies. Since our establishment in 2002, our main business has been the sales and implementation of ERP and HR systems.
For more information on N-PAX Cebu Corporation https://www.n-pax.com/home Please refer to the.

■About Business Engineering Corporation
Business Engineering uses IT to support the digital transformation of customers, mainly in the manufacturing industry. We have a rich track record in consulting and support services ranging from IT planning to system construction, implementation, and operation, as well as sales and implementation of our in-house developed packaged software "mcframe." In addition, we utilize data accumulated from core business systems (ERP), supply chains (SCM), IoT, etc. to help improve system sophistication and Kaizen activities. We have overseas subsidiaries in five locations: China (Shanghai), Thailand (Bangkok), Singapore, Indonesia (Jakarta), and the United States (Chicago), and we provide products and services to companies expanding overseas by cooperating with Japan and locally. We solve our customers' management issues.
For details on Business Engineering Corporation https://www.b-en-g.co.jp/ Please refer to the.

*Company names, product names, etc. mentioned in this news release are registered trademarks or trademarks of each company.