Agreements reached under this partnership
Capital and Business Alliance- 1
Specific areas of cooperation are expected to include the adoption of tiles based on the principles of architect Frank Lloyd Wright, as well as product planning.
- 2
Given the high degree of compatibility with our group's expertise and product capabilities in the building materials and interior products fields, including tile products (ニッタイ工業株式会社), housing equipment (カナエテ株式会社), interior timber processing (株式会社マルトク) and furniture products (シキファニチア株式会社), we expect to propose the businesses of our group companies to franchisees through JOA株式会社.
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).
The impact on results for the fiscal year ending August 2026 is expected to be immaterial.
| Item | Details |
|---|---|
| Name of alliance partner | JOA株式会社, VILLAX株式会社 |
| Alliance partner's business activities | JOA株式会社: Residential franchise headquarters operations; residential design development and design operations. VILLAX株式会社: Residential franchise headquarters operations; residential design development and design operations. |
| Alliance partner's location | Naka-ku, Nagoya, Aichi Prefecture |
| Alliance partner's capital | JOA株式会社: ¥82.5 million. VILLAX株式会社: ¥10 million. |
| Type of alliance | Capital and Business Alliance |
| Details of the alliance | Specific areas of cooperation are expected to include the adoption of tiles based on the principles of architect Frank Lloyd Wright, as well as product planning., Given the high degree of compatibility with our group's expertise and product capabilities in the building materials and interior products fields, including tile products (ニッタイ工業株式会社), housing equipment (カナエテ株式会社), interior timber processing (株式会社マルトク) and furniture products (シキファニチア株式会社), we expect to propose the businesses of our group companies to franchisees through JOA株式会社. |
| Number of shares acquired | 28 common shares (14% of issued shares) |
| Shareholding ratio | Not disclosed → 14％ |
| Contract Date | 30 July 2026 |
| Share Acquisition Date and Payment Date | 3 August 2026 (予定) |
| Impact on Business Performance | The impact on results for the fiscal year ending August 2026 is expected to be immaterial. |
Items this document does not state (12)
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.The residential brands of JOA株式会社 and VILLAX株式会社 have a high degree of compatibility with the various building materials manufactured and sold by our group.