Komori
Business Alliances3195GENERATION PASS CO.,LTD.Retail

Notice Regarding Business Progress in the Joint Development and Sale of Functional Fibers for Apparel with ITOCHU Corporation and the Extension of the Term of the Basic Agreement

The company reported progress, including the acquisition of orders, in the joint development and sale of functional fibers for apparel with ITOCHU Corporation. To further improve product quality and functionality, the term of the basic agreement will be extended from the end of April 2026 to the end of October 2026.

Worth reading
54Recurring
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
—
Displayed only when the document provides numerical figures.
Wording
Conditional
How definitive the wording is.

Agreements reached under this partnership

Business Alliances
3195GENERATION PASS CO.,LTD.
Alliance partnerITOCHU Corporation
Details of the alliance
  1. 1

    Joint development and sale of functional fibers for apparel

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

Numerical targets under the alliance

Full-scale rollout in the Spring/Summer 2027 season

Impact on Business Performance

The impact of this matter on the company's results for the fiscal year ending October 2026 is expected to be minor at this time. As the products move into the commercialization and mass-production phases, the company expects them to contribute to earnings through the fiscal year ending October 2027.

Contract Date27 October 2025Alliance start date27 October 2025Contract PeriodBefore change: end of April 2026; after change: end of October 2026
Agreements reached under this partnership
ItemDetails
Name of alliance partnerITOCHU Corporation
Type of allianceBusiness Alliances
Details of the allianceJoint development and sale of functional fibers for apparel
Contract PeriodBefore change: end of April 2026; after change: end of October 2026
Numerical targets under the allianceFull-scale rollout in the Spring/Summer 2027 season
Contract Date27 October 2025
Alliance start date27 October 2025
Impact on Business PerformanceThe impact of this matter on the company's results for the fiscal year ending October 2026 is expected to be minor at this time. As the products move into the commercialization and mass-production phases, the company expects them to contribute to earnings through the fiscal year ending October 2027.
Items this document does not state (15)
Alliance partner's business activitiesAlliance partner's locationAlliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersShareholding PolicyDate of board resolutionShare Acquisition Date and Payment DateChange in major shareholders

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 continue and deepen development aimed at optimizing texture, wearing comfort and durability, as well as combining multiple functions such as antibacterial, quick-drying and UV-cut properties, in preparation for launching the products as apparel products.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Business Progress in the Joint Development and Sale of Functional Fibers for Apparel with ITOCHU Corporation and the Extension of the Term of the Basic Agreement | GENERATION PASS CO.,LTD. (3195) timely disclosure | Komori