This transaction
Establishment of a joint venture (subsidiary)The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.
Production support for aquaculture businesses
The impact on current fiscal year results from the establishment of the joint venture (subsidiary) will be immaterial.
| Item | Details |
|---|---|
| Transaction name | Establishment of a joint venture (subsidiary) |
| Counterparty name | 株式会社協立 |
| Name of the Subject Company | FOOD & LIFE KYORITSU MARINE (provisional) |
| Business Description of the Subject Company | Production support for aquaculture businesses |
| Location of the Subject Company | Mishima, Shizuoka Prefecture (provisional) |
| Capital Stock of the Subject Company | ¥100 million |
| Date of Establishment of the Subject Company | October 2026 (scheduled) |
| Voting rights ownership percentage | After 60% (before not disclosed) |
| Impact on Business Performance | The impact on current fiscal year results from the establishment of the joint venture (subsidiary) will be immaterial. |
| Date of board resolution | 27 May 2026 |
| Execution Date / Effective Date | October 2026 (scheduled) |
| Management structure after acquisition | The representative director and president will be Aratani Kazuo (荒谷和男). 3 employees of the Company are scheduled to become officers of the joint venture (subsidiary). |
Items this document does not state (20)
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 objective is to achieve the stable production and use of fishery resources while addressing the social issue of ensuring the sustainability of limited fishery resources. The Company also plans to leverage 協立's track record and technical capabilities in the environmental and fisheries fields, including its water treatment and fisheries tag businesses.