Agreements reached under this partnership
Capital and Business Alliance- 1
Joint development of a domestically produced AUV for infrastructure maintenance and management
- 2
Establishment of a domestic production platform for AUVs
- 3
Development of next-generation marine data acquisition and analysis solutions
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
Development of a small AUV over the next 3 years as the development period
This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).
The impact on the Company's financial results is expected to be immaterial for the time being. If the need for timely disclosure arises in the future, the Company will promptly announce the relevant information.
| Item | Details |
|---|---|
| Name of alliance partner | FullDepth Co., Ltd. |
| Alliance partner's business activities | Development and sale of domestically produced underwater drones, data analysis services, and underwater measurement for infrastructure maintenance and management and offshore wind power projects |
| Alliance partner's location | Chuo-ku, Tokyo |
| Type of alliance | Capital and Business Alliance |
| Details of the alliance | Joint development of a domestically produced AUV for infrastructure maintenance and management, Establishment of a domestic production platform for AUVs, Development of next-generation marine data acquisition and analysis solutions |
| Acquisition price | Approximately ¥300 million |
| Contract Period | The development period will be the next 3 years |
| Numerical targets under the alliance | Development of a small AUV over the next 3 years as the development period |
| Contract Date | 31 August 2026 |
| Alliance start date | August 2026 (capital and business alliance entered into) |
| Impact on Business Performance | The impact on the Company's financial results is expected to be immaterial for the time being. If the need for timely disclosure arises in the future, the Company will promptly announce the relevant information. |
Items this document does not state (12)
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.The alliance is intended to address rising procurement costs resulting from dependence on overseas-made AUVs, as well as longer repair times and maintenance and operational challenges. It will also enable FullDepth to gain market needs and operational expertise based on actual use, thereby promoting the development and adoption of domestically produced AUVs and digital transformation in the marine sector.