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Business alliances3779J ESCOM HOLDINGS,INC.Information and Communications, Services and Others

Notice Regarding the Execution of a License Agreement by Consolidated Subsidiary JE Marketing Co., Ltd.

The consolidated subsidiary JE Marketing obtained a license from Coconut Glen’s LLC of Hana, Maui, Hawaii, to market and roll out the plant-based ice cream brand “Coconut Glen’s” in Japan and across Asia. Beginning with stores, franchising and e-commerce in Japan, the company will pursue expansion into Asian markets and joint development of limited-edition flavors.

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Agreements reached under this partnership

Business alliances
3779J ESCOM HOLDINGS,INC.
Alliance partnerCoconut Glen‘s LLC
Details of the alliance
  1. 1

    Nationwide, then across Asia: Based in Azabu-Juban, we aim to gradually expand our presence in Japan, including Osaka and Okinawa, and then into the Asian market.

  2. 2

    Nationwide online: We will strengthen e-commerce and delivery services to create an environment where customers can enjoy our products regardless of their location.

  3. 3

    Distinctive flavors: We will jointly develop limited-edition flavors and deliver healthy, rich and delicious products made with safe, high-quality ingredients.

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

About the partner
Business DescriptionRollout of the plant-based ice cream brand “Coconut Glen’s,” which uses no dairy products or eggs
LocationHana, Maui, Hawaii, United States
Impact on Business Performance

The impact of this matter on the Company's consolidated financial results will be immaterial.

Contract Date1 November 2026Alliance start date1 November 2026
Agreements reached under this partnership
ItemDetails
Name of alliance partnerCoconut Glen‘s LLC
Alliance partner's business activitiesRollout of the plant-based ice cream brand “Coconut Glen’s,” which uses no dairy products or eggs
Alliance partner's locationHana, Maui, Hawaii, United States
Type of allianceBusiness alliances
Details of the allianceNationwide, then across Asia: Based in Azabu-Juban, we aim to gradually expand our presence in Japan, including Osaka and Okinawa, and then into the Asian market., Nationwide online: We will strengthen e-commerce and delivery services to create an environment where customers can enjoy our products regardless of their location., Distinctive flavors: We will jointly develop limited-edition flavors and deliver healthy, rich and delicious products made with safe, high-quality ingredients.
Contract Date1 November 2026
Alliance start date1 November 2026
Impact on Business PerformanceThe impact of this matter on the Company's consolidated financial results will be immaterial.
Items this document does not state (15)
Alliance 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 PeriodNumerical targets under the allianceShareholding 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.

To use Japan as a new starting point, grow the domestic business and eventually expand into countries across Asia. The company will use its business platform in Japan, including stores, franchising and e-commerce, to drive the brand’s growth.

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