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Business Alliance3694OPTiM CORPORATIONInformation and Communications, Services and Others

OPTiM and AGRIMEDIA Enter into a Comprehensive Capital and Business Alliance Covering Farmland Consolidation, Talent Acquisition, and Agricultural AX Services

OPTiM acquired part of アグリメディア’s shares and began a comprehensive business alliance involving a capital relationship. The two companies will cooperate in farmland consolidation and restructuring, talent acquisition, and the development and provision of AI, IoT and robotics services for agriculture.

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Agreements reached under this partnership

Capital and Business Alliance
3694OPTiM CORPORATION
Alliance partner株式会社アグリメディア
Details of the alliance
  1. 1

    Joint development of information systems supporting farmland consolidation and use coordination

  2. 2

    Expansion of OPTiM’s AX support services using アグリメディア’s customer base

  3. 3

    Application and use of OPTiM’s AI technologies in アグリメディア’s business processes and existing businesses

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

Capital and personnel relationships

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).

Shareholding PolicyThe disclosure states that the shares are intended to form the basis of a medium- to long-term collaborative relationship, but the specific details of any long-term holding policy, lock-up or transfer restrictions are not disclosed
About the partner
Business DescriptionConsumer-facing businesses (rental allotment gardens, including the “Share Farm” service; agricultural experience services; and agricultural produce sales and food-service businesses), producer-facing businesses (recruitment support services), and businesses for companies and government bodies (consulting services; facility management services; and recruitment support and agricultural workforce development services)
LocationMeguro-ku, Tokyo
Share capital¥832.77 million, including reserves
Agreements reached under this partnership
ItemDetails
Name of alliance partner株式会社アグリメディア
Alliance partner's business activitiesConsumer-facing businesses (rental allotment gardens, including the “Share Farm” service; agricultural experience services; and agricultural produce sales and food-service businesses), producer-facing businesses (recruitment support services), and businesses for companies and government bodies (consulting services; facility management services; and recruitment support and agricultural workforce development services)
Alliance partner's locationMeguro-ku, Tokyo
Alliance partner's capital¥832.77 million, including reserves
Type of allianceCapital and Business Alliance
Details of the allianceJoint development of information systems supporting farmland consolidation and use coordination, Expansion of OPTiM’s AX support services using アグリメディア’s customer base, Application and use of OPTiM’s AI technologies in アグリメディア’s business processes and existing businesses
Shareholding PolicyThe disclosure states that the shares are intended to form the basis of a medium- to long-term collaborative relationship, but the specific details of any long-term holding policy, lock-up or transfer restrictions are not disclosed
Items this document does not state (16)
Alliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceDate of board resolutionContract DateAlliance start dateShare Acquisition Date and Payment DateImpact on Business PerformanceChange 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 address challenges including the decline and aging of the agricultural workforce and delays in farmland consolidation. By combining OPTiM’s AI, IoT and robotics technologies with アグリメディア’s customer base among agricultural producers and farmland owners, as well as its field expertise, the companies will promote higher profitability and labor savings at agricultural sites and advance farmland consolidation and restructuring.

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OPTiM and AGRIMEDIA Enter into a Comprehensive Capital and Business Alliance Covering Farmland Consolidation, Talent Acquisition, and Agricultural AX Services | OPTiM CORPORATION (3694) timely disclosure | Komori