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Business alliance5258Transaction Media Networks Inc.Information and Communications, Services and Others

TMN Selected for NEC’s Next-Generation Payment System, Accelerating Collaboration through the Introduction of Electronic Money Payment Services

TMN’s cloud-based electronic money payment service has been adopted for NEC’s next-generation payment system. The service is expected to be provided to FamilyMart through NEC, which is expected to increase TMN’s payment transaction volume.

Worth reading
32Immaterial
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Direction
Improvement
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Scale
—
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Wording
Conditional
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Agreements reached under this partnership

Business alliance
5258Transaction Media Networks Inc.
Alliance partnerNEC Corporation
Details of the alliance
  1. 1

    Provide some electronic money payment services through NEC’s payment platform, Multi-Service Gateway (MSGW)

  2. 2

    Adopt TMN’s cloud-based electronic money payment service for NEC’s next-generation payment system

  3. 3

    Provide the service to FamilyMart, where NEC’s next-generation payment system will be implemented

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 DescriptionGlobally develops IT services and social infrastructure businesses
Agreements reached under this partnership
ItemDetails
Name of alliance partnerNEC Corporation
Alliance partner's business activitiesGlobally develops IT services and social infrastructure businesses
Type of allianceBusiness alliance
Details of the allianceProvide some electronic money payment services through NEC’s payment platform, Multi-Service Gateway (MSGW), Adopt TMN’s cloud-based electronic money payment service for NEC’s next-generation payment system, Provide the service to FamilyMart, where NEC’s next-generation payment system will be implemented
Items this document does not state (19)
Alliance partner's locationAlliance 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 DateAlliance start dateShare Acquisition Date and Payment DateImpact on Business PerformanceChange in major shareholders

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The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The service was favorably evaluated for its ability to significantly reduce implementation costs, including terminal prices, its strong expandability after implementation, its track record of adoption by supermarkets, convenience stores and drugstores, and its 24-hour, 365-day operational support structure.

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TMN Selected for NEC’s Next-Generation Payment System, Accelerating Collaboration through the Introduction of Electronic Money Payment Services | Transaction Media Networks Inc. (5258) timely disclosure | Komori