Komori
Business Alliances4596Kubota Pharmaceutical Holdings Co.,Ltd.Pharmaceuticals

Notice Regarding the Conclusion of Discussions and Termination of the Purchase and Sale Agreement for “Kubota Glass” with 坂田製薬株式会社

Regarding the purchase and sale agreement for “Kubota Glass®” with 坂田製薬, the companies mutually agreed to conclude the discussions and terminate their business relationship because the outlook for specific orders had become uncertain, and the agreement was terminated.

Worth reading
58In focus
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Direction
Mixed performance
Direction inferred from the company’s description.
Scale
260
million yen
Wording
Conditional
How definitive the wording is.

Agreements reached under this partnership

Discontinuation
4596Kubota Pharmaceutical Holdings Co.,Ltd.
Alliance partner坂田製薬株式会社
Details of the alliance
  1. 1

    坂田製薬 was required to purchase 600 units of “Kubota Glass®” from the Company by August 2025, for approximately ¥260 million.

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

坂田製薬 was required to purchase 600 units of “Kubota Glass®” by August 2025, for approximately ¥260 million.

About the partner
Business Description1. Manufacture, sale, import and export of pharmaceuticals and quasi-drugs 2. Manufacture, sale, import and export of health foods and supplements 3. Sale, import and export of cosmetic containers, packaging and related products 4. Planning, design, sale, import and export of cosmetics 5. Sale of goods and trading 6. Consulting services of all kinds 7. Agency sales of medical equipment, health and beauty devices and related products 8. Agency sales of cosmetic ingredients and related products 9. Domestic and international mail-order sales via the Internet 10. Referral of medical institutions and provision of medical interpretation services for foreign patients seeking treatment in Japan
LocationHannan, Osaka Prefecture
Share capital坂田製薬株式会社: ¥1 million
Impact on Business Performance

The Company does not disclose earnings forecasts and will continue to assess the impact of this matter on its financial results.

Contract Date13 March 2025
Agreements reached under this partnership
ItemDetails
Name of alliance partner坂田製薬株式会社
Alliance partner's business activities1. Manufacture, sale, import and export of pharmaceuticals and quasi-drugs 2. Manufacture, sale, import and export of health foods and supplements 3. Sale, import and export of cosmetic containers, packaging and related products 4. Planning, design, sale, import and export of cosmetics 5. Sale of goods and trading 6. Consulting services of all kinds 7. Agency sales of medical equipment, health and beauty devices and related products 8. Agency sales of cosmetic ingredients and related products 9. Domestic and international mail-order sales via the Internet 10. Referral of medical institutions and provision of medical interpretation services for foreign patients seeking treatment in Japan
Alliance partner's locationHannan, Osaka Prefecture
Alliance partner's capital坂田製薬株式会社: ¥1 million
Type of allianceDiscontinuation
Details of the alliance坂田製薬 was required to purchase 600 units of “Kubota Glass®” from the Company by August 2025, for approximately ¥260 million.
Numerical targets under the alliance坂田製薬 was required to purchase 600 units of “Kubota Glass®” by August 2025, for approximately ¥260 million.
Contract Date13 March 2025
Impact on Business PerformanceThe Company does not disclose earnings forecasts and will continue to assess the impact of this matter on its financial results.
Items this document does not state (14)
Alliance 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 resolutionAlliance start dateShare 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.

Although the outlook for specific orders from 坂田製薬 was uncertain, the Company has entered into new agreements with authorized distributors and purchase and sale agreements in the Greater China market, and has also resumed direct sales through e-commerce marketplaces. The Company therefore determined that ending its relationship with 坂田製薬 and focusing on new sales channels was necessary for the rollout of “Kubota Glass®”.

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Notice Regarding the Conclusion of Discussions and Termination of the Purchase and Sale Agreement for “Kubota Glass” with 坂田製薬株式会社 | Kubota Pharmaceutical Holdings Co.,Ltd. (4596) timely disclosure | Komori