Agreements reached under this partnership
DiscontinuationThis 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 of this transaction on the Company's consolidated results for the fiscal year ending May 2026 is expected to be immaterial.
| Item | Details |
|---|---|
| Name of alliance partner | Co-op Sapporo |
| Alliance partner's business activities | Food retailing and home delivery services |
| Alliance partner's location | Nishi-ku, Sapporo, Hokkaido |
| Type of alliance | Discontinuation |
| Acquisition price | The amount will not be disclosed pursuant to an agreement with the transferee. |
| Shareholding ratio | 49.00% → 0% |
| Overview of the joint venture | Name Hokkaido MD Organization Co., Ltd. / Location 5-10-1 Hatsu-kan 11-jo, Nishi-ku, Sapporo, Hokkaido / Business Description Sale of food products, daily necessities and other goods, and related businesses / Capital Contributions ¥10 million / Ownership ratio SATUDORA HOLDINGS CO.,LTD. 49.00%, Co-op Sapporo Consumer Cooperative 49.00%, KATO SANGYO CO.,LTD. 2.00% |
| Ownership ratio | SATUDORA HOLDINGS CO.,LTD. 49.00%, Co-op Sapporo Consumer Cooperative 49.00%, KATO SANGYO CO.,LTD. 2.00% |
| Dispatch of directors and officers | Hirofumi Ishiyama (石山博文), Executive Officer and General Manager of the Merchandising Division at Co-op Sapporo, and Hiroshi Takada (髙田裕), a director of the Company, are listed as representative directors. Details regarding the dispatch and acceptance of officers are Not disclosed. |
| Date of board resolution | 19 March 2026 |
| Contract Date | 19 March 2026 |
| Share Acquisition Date and Payment Date | 15 May 2026 (scheduled) |
| Impact on Business Performance | The impact of this transaction on the Company's consolidated results for the fiscal year ending May 2026 is expected to be immaterial. |
Items this document does not state (10)
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 establish a more agile and efficient management structure in light of changes in the business environment and the business strategies of each company.