Agreements reached under this partnership
Business Alliance- 1
Target regions: Taiwan and Thailand
- 2
Agreement terms: Granting of manufacturing and sales licenses and sales agency rights for our branded products
- 3
Products covered (initial rollout): ・At-Home Acai Bowl (7P / S Original / S Cacao Nib / Premium) ・Frozen Acai Purée, Plain (100g × 4) ・Frozen Acai Pulp (18kg)
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
To secure an overwhelming share of the Taiwan and Thailand markets and further scale up the business. Target timing: Not disclosed.
Although we expect this matter to have a minor impact on results for the current fiscal year, we believe it will make a significant contribution to the medium- to long-term growth of our overseas business and the expansion of new sources of revenue.
| Item | Details |
|---|---|
| Name of alliance partner | 金利食安科技股份有限公司 (KEE Fresh & Safe Foodtech Co., Ltd.) |
| Alliance partner's business activities | OEM and ODM production of fruit juices, jams, smoothies and agricultural products using HPP (non-thermal high-pressure processing) |
| Alliance partner's location | Pingtung City, Pingtung County, Taiwan |
| Type of alliance | Business Alliance |
| Details of the alliance | Target regions: Taiwan and Thailand, Agreement terms: Granting of manufacturing and sales licenses and sales agency rights for our branded products, Products covered (initial rollout): ・At-Home Acai Bowl (7P / S Original / S Cacao Nib / Premium) ・Frozen Acai Purée, Plain (100g × 4) ・Frozen Acai Pulp (18kg) |
| Numerical targets under the alliance | To secure an overwhelming share of the Taiwan and Thailand markets and further scale up the business. Target timing: Not disclosed. |
| Impact on Business Performance | Although we expect this matter to have a minor impact on results for the current fiscal year, we believe it will make a significant contribution to the medium- to long-term growth of our overseas business and the expansion of new sources of revenue. |
Items this document does not state (16)
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 capture growing demand for acai-related products in Taiwan and Thailand and make a full-scale entry into overseas markets. By leveraging KFS's manufacturing technology and sales network, we expect to reduce logistics costs, foreign exchange risk and lead times, while gaining market share in Taiwan.