Agreements reached under this partnership
Capital and Business Alliance- 1
The companies will consider the planning, prototyping, certification and mass production of drone-related components, communication modules, control and peripheral equipment, and other products by combining ICOM INCORPORATED’s wireless communication technologies with LIMNO’s design, procurement, manufacturing and quality-control capabilities.
- 2
Using our network of advisers, business alliances and business-development contacts, we will develop projects to bring domestic production of beauty appliances and other electrical equipment back to Japan and connect them to ODM, OEM and EMS projects undertaken by LIMNO.
- 3
The companies will use the customer, sales and alliance-partner networks of ICOM INCORPORATED and our company to expand sales opportunities for LIMNO’s products and contract manufacturing services.
- 4
Through clarification of LIMNO’s medium- to long-term business policy and cooperation in procurement, quality and business continuity planning, among other areas, the companies will seek to strengthen relationships with business partners and suppliers and ensure stable procurement.
- 5
The companies will consider jointly planning and demonstrating products and services that use IoT, wireless communications, AI, robotics and other technologies.
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 companies aim to secure mass-production projects for drone-related components, communication modules, peripheral equipment and other products. The figures and timing for achievement are not disclosed.
This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).
The impact of this basic agreement and the definitive agreement scheduled to be executed in the future on our company’s consolidated results and financial position for the fiscal year ending December 2026 is currently under review.
| Item | Details |
|---|---|
| Name of alliance partner | ICOM INCORPORATED |
| Alliance partner's business activities | Manufacture and sale of wireless communication equipment, network equipment and other products |
| Alliance partner's location | Hirano-ku, Osaka |
| Alliance partner's capital | ¥7,081,220,000 |
| Alliance partner's net sales | ¥36,959 million (fiscal year ended March 2026) |
| Alliance partner's operating income | ¥2,913 million (fiscal year ended March 2026) |
| Type of alliance | Capital and Business Alliance |
| Details of the alliance | The companies will consider the planning, prototyping, certification and mass production of drone-related components, communication modules, control and peripheral equipment, and other products by combining ICOM INCORPORATED’s wireless communication technologies with LIMNO’s design, procurement, manufacturing and quality-control capabilities., Using our network of advisers, business alliances and business-development contacts, we will develop projects to bring domestic production of beauty appliances and other electrical equipment back to Japan and connect them to ODM, OEM and EMS projects undertaken by LIMNO., The companies will use the customer, sales and alliance-partner networks of ICOM INCORPORATED and our company to expand sales opportunities for LIMNO’s products and contract manufacturing services., Through clarification of LIMNO’s medium- to long-term business policy and cooperation in procurement, quality and business continuity planning, among other areas, the companies will seek to strengthen relationships with business partners and suppliers and ensure stable procurement., The companies will consider jointly planning and demonstrating products and services that use IoT, wireless communications, AI, robotics and other technologies. |
| Acquisition price | The transfer price, transfer method and other details will be determined through discussions between the companies and set out in the definitive agreement, which is scheduled to be executed by the end of October 2026. |
| Shareholding ratio | 100% (our company is scheduled to own all shares as of 1 October 2026) → Our company 51%; ICOM INCORPORATED 49%（49 percentage points） |
| Overview of the joint venture | Name LIMNO Co., Ltd. / Location 7-101 Tatsukawa-cho, Tottori, Tottori Prefecture / Business Description Planning, development, manufacture, sale, repair and maintenance services, and consulting for electrical equipment including tablets, display devices and IoT modules, as well as planning, development, production, sale, repair and maintenance services for software and services / Capital Contributions Capital: ¥61,000,000 / Ownership ratio TriIs Incorporated 51%; ICOM INCORPORATED 49% |
| Ownership ratio | TriIs Incorporated 51%; ICOM INCORPORATED 49% |
| Dispatch of directors and officers | The companies will discuss a framework under which our company and ICOM INCORPORATED can each nominate the same number of director candidates, together with a joint consultation and approval framework under which the intentions of both companies will be reflected in important matters. |
| Numerical targets under the alliance | The companies aim to secure mass-production projects for drone-related components, communication modules, peripheral equipment and other products. The figures and timing for achievement are not disclosed. |
| Shareholding Policy | Our company plans to continue holding 51% of LIMNO’s shares after the alliance is implemented. The lock-up and transfer restrictions are not disclosed. |
| Date of board resolution | 30 September 2026 |
| Contract Date | 30 September 2026 |
| Alliance start date | End of October 2026 (scheduled) (effective date of the alliance and transfer date for LIMNO shares) |
| Share Acquisition Date and Payment Date | Acquisition date for LIMNO shares by our company: 1 October 2026 (scheduled). Transfer execution date to ICOM INCORPORATED: end of October 2026 (scheduled). Payment date: not disclosed. |
| Impact on Business Performance | The impact of this basic agreement and the definitive agreement scheduled to be executed in the future on our company’s consolidated results and financial position for the fiscal year ending December 2026 is currently under review. |
Items this document does not state (3)
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 companies determined that, in order to convert LIMNO’s existing manufacturing technologies and mass-production capabilities into new orders, it is urgently necessary to enhance credibility with business partners and suppliers, develop new sales channels and secure stable mass-production projects. They believe that jointly operating the business with ICOM INCORPORATED will increase confidence in business continuity and enable sustainable growth.