Komori
Business alliance1786Oriental Shiraishi CorporationConstruction and Materials

Notice Regarding the Execution of a Letter of Intent with Root Construction Co., Ltd. for Collaboration in Taiwan and the Establishment of a Joint Venture

Oriental Shiraishi Corporation executed a letter of intent with 根基営造股份有限公司, a Taiwanese construction company, to discuss collaboration in related businesses in Taiwan and the establishment of a joint venture. At this stage, the agreement is preliminary, and the specific details of the cooperation and formal contractual terms will be discussed going forward.

Worth reading
37Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
—
Displayed only when the document provides numerical figures.
Wording
Avoiding a definitive answer
How definitive the wording is.

Agreements reached under this partnership

Joint venture
1786Oriental Shiraishi Corporation
Alliance partner根基営造股份有限公司
About the partner
Business DescriptionAs a general construction contractor, construction-related operations involving factories, housing, commercial facilities, roads and bridges, among others
LocationSongshan District, Taipei City, Taiwan
Share capitalNT$1,305 million
Impact on Business Performance

At this time, the transaction is not expected to have a material impact on the Company's finances or business performance.

Date of board resolution25 May 2026Contract Date25 May 2026
Agreements reached under this partnership
ItemDetails
Name of alliance partner根基営造股份有限公司
Alliance partner's business activitiesAs a general construction contractor, construction-related operations involving factories, housing, commercial facilities, roads and bridges, among others
Alliance partner's locationSongshan District, Taipei City, Taiwan
Alliance partner's capitalNT$1,305 million
Type of allianceJoint venture
Date of board resolution25 May 2026
Contract Date25 May 2026
Impact on Business PerformanceAt this time, the transaction is not expected to have a material impact on the Company's finances or business performance.
Items this document does not state (15)
Alliance partner's net salesAlliance partner's operating incomeDetails of the allianceNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyAlliance start dateShare Acquisition Date and Payment DateChange in major shareholders

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To consider and discuss collaboration in related businesses in Taiwan and the establishment of a joint venture by leveraging the technologies, expertise and market platforms of both parties.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Execution of a Letter of Intent with Root Construction Co., Ltd. for Collaboration in Taiwan and the Establishment of a Joint Venture | Oriental Shiraishi Corporation (1786) timely disclosure | Komori