Agreements reached under this partnership
Exclusive sales agency agreement- 1
The Company will be able to sell SAPPUN products in Japan through directly operated stores, wholesale channels and online channels.
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
The brand is expected to contribute to higher sales and profit, but its impact has not been incorporated into the full-year earnings forecast. The impact of this matter on full-year results is currently under review, and the Company will promptly disclose any impact if it arises.
| Item | Details |
|---|---|
| Name of alliance partner | F&S Retail Co., Ltd. |
| Alliance partner's business activities | Sales of various apparel and sports products |
| Alliance partner's location | Gangnam-gu, Seoul, South Korea |
| Alliance partner's capital | KRW 50,000,000 |
| Alliance partner's net sales | Not disclosed at the request of the counterparty. |
| Alliance partner's operating income | Not disclosed at the request of the counterparty. |
| Type of alliance | Exclusive sales agency agreement |
| Details of the alliance | The Company will be able to sell SAPPUN products in Japan through directly operated stores, wholesale channels and online channels. |
| Date of board resolution | 17 June 2026 |
| Contract Date | 17 June 2026 |
| Alliance start date | Sales to begin in the second half of the fiscal year ending January 2027 |
| Impact on Business Performance | The brand is expected to contribute to higher sales and profit, but its impact has not been incorporated into the full-year earnings forecast. The impact of this matter on full-year results is currently under review, and the Company will promptly disclose any impact if it arises. |
Items this document does not state (11)
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 accelerate growth in the Japanese market by leveraging the Company’s experience, personnel, brand recognition and network in its women’s footwear business, and maximizing synergies with SAPPUN, a popular brand in South Korea.