Agreements reached under this partnership
Business alliance- 1
Provides digital gifts for a diverse range of brands that can be used in South Korea, including Olive Young, CGV, CJ THE MARKET, CJ Foodville, Paul Bassett, Hyatt Seoul/Busan and Andaz Seoul Gangnam, issued by CJ OliveNetworks through B2C and B2B channels in both Japan and South Korea.
- 2
Introduces coupon specifications and payment and settlement systems that support local languages, currencies and usage environments, and develops a cross-border digital gift service that can be used across national borders.
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
The impact on the Company's consolidated results is expected to be immaterial.
| Item | Details |
|---|---|
| Name of alliance partner | CJ OliveNetworks (CJ OliveNetworks) |
| Alliance partner's business activities | Provides comprehensive services ranging from system integration and maintenance (SI/SM) to cloud services and the use of AI and big data. It has particular strengths in technology support for smart logistics and manufacturing, retail and commerce, and digital marketing, and leads digital innovation across the CJ Group. |
| Alliance partner's location | South Korea |
| Type of alliance | Business alliance |
| Details of the alliance | Provides digital gifts for a diverse range of brands that can be used in South Korea, including Olive Young, CGV, CJ THE MARKET, CJ Foodville, Paul Bassett, Hyatt Seoul/Busan and Andaz Seoul Gangnam, issued by CJ OliveNetworks through B2C and B2B channels in both Japan and South Korea., Introduces coupon specifications and payment and settlement systems that support local languages, currencies and usage environments, and develops a cross-border digital gift service that can be used across national borders. |
| Alliance start date | Starting 1 April 2026 |
| Impact on Business Performance | The impact on the Company's consolidated results is expected to be immaterial. |
Items this document does not state (16)
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 partnership is intended to provide users in Japan and South Korea with a consistent brand experience and make it easier for corporate customers to design integrated promotions spanning both countries. It will also expand the business portfolio into the lifestyle and retail sectors and strengthen the Company's position as a global digital voucher platform.