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Other Disclosures3121MBK Co.,Ltd.Information and Communications, Services and Others

(Update on Previously Disclosed Matter) Notice of Launch of Advisory Business Relating to Investment in Estonian Companies for Japan and M&A

The Company and its Estonian subsidiary, Estonian Japan Trading Company AS (EJTC), announced that they are working on their second transaction to arrange a capital partnership between Cognuse OÜ, an Estonian company, and a Japanese company. They will introduce a suitable Japanese partner to localize and sell Cognuse OÜ's medical app in Japan and arrange the capital partnership.

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Announced details

CoNurse (Co-Nurse)
Applicable field (uses covered by this announcement)

Hospitals and healthcare settings; operations for healthcare professionals

What the company reported numerically
Quantitative Effects

The aim is to eliminate medical errors and provide patients with appropriate medical services efficiently, but the quantitative effects are Not disclosed

Relationship between the counterparty and the company
MBK Co.,Ltd.3121
Relationship with the Company

EJTC is the Company's Estonian subsidiary. The Company and EJTC will arrange a capital partnership between Cognuse OÜ and a Japanese company.

CounterpartyCognuse OÜEstonian Japan Trading Company AS (EJTC)

Cognuse OÜ is an Estonian company that develops apps for hospitals and healthcare professionals. EJTC is an Estonian subsidiary listed on NASDAQ BALTIC. Its location, representative, capital, and year of establishment are Not disclosed.

Impact on Business Performance

The impact on results for the fiscal year ending March 2022 is currently expected to be minor. If an event with a material impact occurs, the Company will make a further disclosure.

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredCoNurse (Co-Nurse)
CounterpartyCognuse OÜ, Estonian Japan Trading Company AS (EJTC)
Counterparty overviewCognuse OÜ is an Estonian company that develops apps for hospitals and healthcare professionals. EJTC is an Estonian subsidiary listed on NASDAQ BALTIC. Its location, representative, capital, and year of establishment are Not disclosed.
Relationship with the CompanyEJTC is the Company's Estonian subsidiary. The Company and EJTC will arrange a capital partnership between Cognuse OÜ and a Japanese company.
Applicable areaHospitals and healthcare settings; operations for healthcare professionals
Quantitative EffectsThe aim is to eliminate medical errors and provide patients with appropriate medical services efficiently, but the quantitative effects are Not disclosed
Impact on Business PerformanceThe impact on results for the fiscal year ending March 2022 is currently expected to be minor. If an event with a material impact occurs, the Company will make a further disclosure.
Items this document does not state (11)
Contract ValueOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocationLocation scaleUsage historySource

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.

Cognuse OÜ wishes to establish a capital partnership and collaborative relationship with a leading Japanese partner in order to localize and sell its medical app, CoNurse, in Japan.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
(Update on Previously Disclosed Matter) Notice of Launch of Advisory Business Relating to Investment in Estonian Companies for Japan and M&A | MBK Co.,Ltd. (3121) timely disclosure | Komori