Strengthening Production, Procurement and Logistics through a Strategic Business Alliance with Hokuetsu Corporation
First written in FY2024. 2 of 4 entries say "Advanced", first in 2026-05-29. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「We resolved to enter into a memorandum of understanding for a strategic business alliance aimed at expanding the range of measures available under the alliance and further increasing the corporate value of both companies by establishing an equal capital relationship between our company and Hokuetsu Corporation, and signed the memorandum on the same date.」
The business alliance in production technology, raw-material procurement and product logistics was expanded into an equal capital relationship through mutual share acquisitions under a memorandum of understanding. We acquired 25,646,000 Hokuetsu shares for ¥26,592 million. - 2026-05-29AdvancedGeneral Meetings of Shareholders
「In addition, although our company and Hokuetsu Corporation have been pursuing a strategic business alliance since fiscal 2024, we entered into a memorandum of understanding with Hokuetsu Corporation on 18 March 2026 concerning the strategic business alliance in order to further develop the existing alliance. Through this agreement, the two companies will establish an equal capital relationship, expand the specific range of measures available under the strategic business alliance and seek to further enhance corporate value at both companies.」
Regarding the alliance with Hokuetsu Corporation, the company described the execution of the memorandum of understanding, the establishment of an equal capital relationship and the expansion of the scope of available measures. - FY2025-H1RestatedAnnual report
「At a meeting of our Board of Directors held on 15 May 2024, we resolved to enter into a basic agreement for a strategic business alliance with Hokuetsu Corporation, and signed the agreement on the same day.」
The signing of the basic agreement for a strategic business alliance with Hokuetsu Corporation has been reaffirmed. There has been no change to the existing policy of targeting an increase of approximately ¥2 billion in operating profit in fiscal 2026 as an effect of the alliance. - FY2024First statedAnnual report
「The current target for the effect of this business alliance is to increase our operating profit by approximately ¥2 billion in fiscal 2026.」
On 15 May 2024, we entered into a basic agreement for a strategic business alliance with Hokuetsu Corporation. The companies will cooperate in production technology, procurement of raw materials such as wood chips, and product logistics, with a target of increasing our operating profit by approximately ¥2 billion in fiscal 2026.