Agreements reached under this partnership
Business Alliances- 1
The Hangyang Group exports “rare gases” to Japan, with the gas company acting as the importer of record at a Japanese port, transporting the gases, and delivering them to the end user’s plant
- 2
At the end user’s plant, the gas company performs purging (displacement) in some cases, while in other cases the end user performs the purging (displacement) itself
- 3
C Company is considering participating with the Hangyang Group and us in our “trading business”
- 4
We introduce end users
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 impact on consolidated results for the fiscal year ending November 2026 is currently expected to be immaterial
| Item | Details |
|---|---|
| Name of alliance partner | C Company (name withheld for confidentiality) |
| Alliance partner's business activities | Domestic high-pressure gas distributor |
| Alliance partner's location | Japan |
| Type of alliance | Business Alliances |
| Details of the alliance | The Hangyang Group exports “rare gases” to Japan, with the gas company acting as the importer of record at a Japanese port, transporting the gases, and delivering them to the end user’s plant, At the end user’s plant, the gas company performs purging (displacement) in some cases, while in other cases the end user performs the purging (displacement) itself, C Company is considering participating with the Hangyang Group and us in our “trading business”, We introduce end users |
| Contract Date | 25 March 2026 |
| Impact on Business Performance | The impact on consolidated results for the fiscal year ending November 2026 is currently expected to be immaterial |
Items this document does not state (16)
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.We do not own a gas filling plant or the equipment required for transportation and purging, making collaboration with a domestic gas company essential to establishing a rare-gas business. C Company has experience and equipment related to rare gases. We explain that, with C Company’s cooperation, we can build the distribution channels, while C Company can expand its business partners by handling rare gases and through introductions to end users from us.