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Business alliance3823THE WHY HOW DO COMPANY,Inc.Information and Communications, Services and Others

Notice Regarding the Start of Business Collaboration (Cross-Selling) by Consolidated Subsidiaries Cowell and Goodman

Consolidated subsidiaries 株式会社コーウェル and 株式会社グッドマン have begun cross-selling, proposing each other’s products and services to their respective customers. The joint offering combines energy savings through lighting with the inspection and locating of electricity, telecommunications and water infrastructure.

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Agreements reached under this partnership

Business alliance (cross-selling)
3823THE WHY HOW DO COMPANY,Inc.
Alliance partner株式会社コーウェル / 株式会社グッドマン
Details of the alliance
  1. 1

    Mutual customer referrals between the two companies: proposing 株式会社グッドマン’s locating equipment for electricity, telecommunications and water infrastructure, initially focusing on electrical applications, to 株式会社コーウェル’s customers, and energy-saving LED lighting and sign renovation to 株式会社グッドマン’s customers

  2. 2

    Joint, one-stop facility proposals combining lighting (energy savings) with infrastructure locating (electricity, telecommunications and water)

  3. 3

    Joint participation and shared booths at industry trade shows nationwide to promote facility-focused solutions

  4. 4

    Consideration of more advanced proposals through data utilization in collaboration with our AI value enhancement division

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 DescriptionSales, rental and maintenance of LED lighting; applications for outdoor advertising and sign construction / Import and sale, and in-house manufacture, of measuring and locating equipment for electricity, telecommunications and water infrastructure; tracer-gas leak detection, among other services
LocationToshima-ku, Tokyo / Kanazawa-ku, Yokohama, Kanagawa
Alliance start dateThe disclosure states that the alliance was to commence as of the disclosure dated 10 June 2026, but the specific commencement date is not disclosed
Agreements reached under this partnership
ItemDetails
Name of alliance partner株式会社コーウェル, 株式会社グッドマン
Alliance partner's business activitiesSales, rental and maintenance of LED lighting; applications for outdoor advertising and sign construction, Import and sale, and in-house manufacture, of measuring and locating equipment for electricity, telecommunications and water infrastructure; tracer-gas leak detection, among other services
Alliance partner's locationToshima-ku, Tokyo, Kanazawa-ku, Yokohama, Kanagawa
Type of allianceBusiness alliance (cross-selling)
Details of the allianceMutual customer referrals between the two companies: proposing 株式会社グッドマン’s locating equipment for electricity, telecommunications and water infrastructure, initially focusing on electrical applications, to 株式会社コーウェル’s customers, and energy-saving LED lighting and sign renovation to 株式会社グッドマン’s customers, Joint, one-stop facility proposals combining lighting (energy savings) with infrastructure locating (electricity, telecommunications and water), Joint participation and shared booths at industry trade shows nationwide to promote facility-focused solutions, Consideration of more advanced proposals through data utilization in collaboration with our AI value enhancement division
Alliance start dateThe disclosure states that the alliance was to commence as of the disclosure dated 10 June 2026, but the specific commencement date is not disclosed
Items this document does not state (17)
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 resolutionContract 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.

The two companies have overlapping customers and decision-makers, and there is a strong fit between 株式会社コーウェル’s electrical and lighting business and 株式会社グッドマン’s locating equipment for electrical-related applications. The stated rationale is to provide an integrated solution to facilities’ energy-saving and infrastructure inspection and locating needs, thereby creating synergies within the group.

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Notice Regarding the Start of Business Collaboration (Cross-Selling) by Consolidated Subsidiaries Cowell and Goodman | THE WHY HOW DO COMPANY,Inc. (3823) timely disclosure | Komori