Komori
Business Alliance3777Environment Friendly Holdings Corp.Information and Communications, Services and Others

(Update on Previously Disclosed Matter) Notice Concerning the Addition of the Korean Market as a Designated Market and the Launch of Sales of Electronic Shisha Products under the Comprehensive Sales Cooperation Agreement with gippro japan株式会社

The Korean market was added as a sales target market under the existing comprehensive sales cooperation agreement, and a manufacturing order for 3,000 products for the Korean market was placed and delivered. Preparations are under way for the formal launch of sales through local sales channels.

Worth reading
56In focus
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
3000
units
Wording
Avoiding a definitive answer
How definitive the wording is.

Agreements reached under this partnership

Business Alliance
3777Environment Friendly Holdings Corp.
Alliance partnergippro japan株式会社 / gippro Korea Inc.
Details of the alliance
  1. 1

    Korea has been added to the "designated markets" under this agreement, positioning the Korean market as a target market for sales under the agreement.

  2. 2

    The sales structure in the Korean market will be developed through gippro and its sales partner in Korea, gippro Korea Inc.

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

A manufacturing order for 3,000 products for the Korean market was placed, and delivery to the Korean side has already been completed

About the partner
LocationKorea (gippro Korea Inc.)
Impact on Business Performance

The impact on our consolidated results for the fiscal year ending December 2026 is currently under review.

Contract Date25 March 2026 (this memorandum)Alliance start datePreparations are under way for the formal launch of sales; the sales launch date is Not disclosed
Agreements reached under this partnership
ItemDetails
Name of alliance partnergippro japan株式会社, gippro Korea Inc.
Alliance partner's locationKorea (gippro Korea Inc.)
Type of allianceBusiness Alliance
Details of the allianceKorea has been added to the "designated markets" under this agreement, positioning the Korean market as a target market for sales under the agreement., The sales structure in the Korean market will be developed through gippro and its sales partner in Korea, gippro Korea Inc.
Numerical targets under the allianceA manufacturing order for 3,000 products for the Korean market was placed, and delivery to the Korean side has already been completed
Contract Date25 March 2026 (this memorandum)
Alliance start datePreparations are under way for the formal launch of sales; the sales launch date is Not disclosed
Impact on Business PerformanceThe impact on our consolidated results for the fiscal year ending December 2026 is currently under review.
Items this document does not state (15)
Alliance partner's business activitiesAlliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodShareholding 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.

The Korean market was added as a designated market to establish a sales structure and expand operations in the Korean market. A manufacturing order for products for the Korean market was placed in preparation for the launch of sales there.

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.
(Update on Previously Disclosed Matter) Notice Concerning the Addition of the Korean Market as a Designated Market and the Launch of Sales of Electronic Shisha Products under the Comprehensive Sales Cooperation Agreement with gippro japan株式会社 | Environment Friendly Holdings Corp. (3777) timely disclosure | Komori