Strengthening procurement, roasting and environmental initiatives through a capital and business alliance with Ishimitsu & Co., Ltd.
First written in FY2023. 1 of 2 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2024-Q1.
No other company in this theme has enough history to compare yet.
- FY2024-Q1AdvancedAnnual report
「From the first quarter of the current fiscal year, Tokyo Allied Coffee Roasters Co., Ltd. and Kansai Allied Coffee Roasters Co., Ltd. became associates as a result of additional share acquisitions and other transactions, and were therefore included within the scope of the equity method.」
The two Allied Coffee Roasters companies related to the capital and business alliance with 石光商事 became associates as a result of additional share acquisitions and other transactions, and progressed to the stage of applying the equity method. - FY2023First statedAnnual report
「The company entered into a capital and business alliance to further strengthen this relationship, leverage management resources including personnel exchanges, increase synergies in green coffee bean procurement, streamline the roasting business and enhance synergies in food import operations, while promoting the sharing of technologies aimed at achieving carbon neutrality over the long term.」
On 28 April 2023, the company entered into a capital and business alliance agreement with 石光商事 and acquired additional shares in Tokyo Allied Coffee Roasters, raising its ownership interest to 15.00% at an acquisition price of ¥606 million.