Morinaga Milk Industry (2264) · FactReframed
Change to the Contract Term of the Lipton Retail Sales Agreement
First written in FY2017-Q2. 2 of 4 entries say "Reframed", first in FY2017. Latest entry: FY2024.
4entries
9years
0from disclosures
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Changes to the renewal terms of the Lipton retail sales agreementA theme 1 companies write about · 0 as a headwind · 0 as a tailwind
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- FY2024ReframedAnnual report
「Ekaterra Japan Services Co., Ltd.; tea beverages, etc.; grant of rights to use the Lipton trademark; from 1 January 2023 through 31 December 2024; automatic renewal every 1 year thereafter」
For the Lipton-related agreements, the terms are disclosed as an agreement beginning in 2023 and continuing through the end of 2024, followed by automatic renewal every 1 year, instead of the previous automatic renewal every 2 years. - FY2018RestatedAnnual report
「From 1 May 2017 through 30 April 2020; automatic renewal every 2 years thereafter」
The agreement term beginning in May 2017 and automatic renewal every 2 years for the Lipton trademark license agreement continue to be disclosed. - FY2017ReframedAnnual report
「As of the filing date of this annual securities report, a new agreement has been entered into with Unilever Japan Beverage Co., Ltd. covering "tea beverages, etc.," for the period from 1 May 2017 through 30 April 2020, with automatic renewal every 2 years thereafter.」
Following the change in the term of the retail sales agreement described in the previous quarter, the arrangement has been revised for the new agreement from May 2017 to a 3-year term with automatic renewal every 2 years. - FY2017-Q2First statedAnnual report
「Retail sales: through 28 February 2017」
For the Lipton sales agreement with Unilever Japan Customer Marketing Co., Ltd., the term of the retail sales agreement has been changed from automatic renewal every 3 years to expiry on 28 February 2017.