Extension of the comprehensive partnership and EXA operating agreement between JFE Steel and IBM
First written in FY2021-Q1. 1 of 6 entries say "Raised", first in FY2026-H1. Latest entry: FY2026.
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- FY2026RestatedAnnual report
「Comprehensive alliance between JFE Steel Co., Ltd. and Kyndryl Japan Co., Ltd., joint venture agreement concerning the operation of Exa Co., Ltd., and outsourcing agreement from JFE Steel Co., Ltd. to Kyndryl Japan Co., Ltd.: 1 April 2011 to 31 March 2031 (revised 29 September 2025)」
The comprehensive alliance and Exa operations agreement with Kyndryl Japan following IBM's corporate split continues as an agreement running through 31 March 2031. - FY2026-H1RaisedAnnual report
「Comprehensive alliance between JFE Steel Co., Ltd. and Kyndryl Japan Co., Ltd., joint venture agreement concerning the operation of Exa Co., Ltd., and outsourcing agreement from JFE Steel Co., Ltd. to Kyndryl Japan Co., Ltd.: 1 April 2011 to 31 March 2031 (revised 29 September 2025)」
The agreement concerning the comprehensive alliance and outsourcing arrangement between JFE Steel and Kyndryl Japan was revised effective 29 September 2025 to extend its term through 31 March 2031. - FY2022Confirmation of the change in the legal form of the contractual counterpartyAnnual report
「The joint venture agreement between JFE Steel Co., Ltd. and IBM Japan, Ltd. was transferred from IBM Japan, Ltd. to Kyndryl Japan Co., Ltd. effective 1 February 2022 in connection with the transfer of Exa Co., Ltd. shares from IBM Japan, Ltd. to Kyndryl Japan Co., Ltd.」
The succession of the agreement following IBM's corporate split is confirmed and stated as an agreement with Kyndryl Japan Co., Ltd. as the counterparty. - FY2022-Q3Change in the legal form of the contractual counterpartyAnnual report
「The joint venture agreement between JFE Steel Co., Ltd. and IBM Japan, Ltd. was transferred from IBM Japan, Ltd. to Kyndryl Japan Co., Ltd. effective 1 February 2022 in connection with the transfer of Exa Co., Ltd. shares from IBM Japan, Ltd. to Kyndryl Japan Co., Ltd. On the same date, the name of the contractual counterparty was changed from “Kyndryl Japan GK” to “Kyndryl Japan Co., Ltd.”」
The outsourcing agreement transferred after IBM's corporate split was transferred to Kyndryl Japan Co., Ltd. as the counterparty in connection with the transfer of Exa shares, and its name was changed from a GK to a Co., Ltd. - FY2022-Q2Succession of the outsourcing agreementAnnual report
「The outsourcing agreement from JFE Steel Co., Ltd. to IBM Japan, Ltd. was transferred from IBM Japan, Ltd. to Kyndryl Japan GK effective 1 September 2021 in connection with IBM Japan's corporate split.」
In connection with IBM's corporate split, the counterparty to the outsourcing agreement concerning the comprehensive alliance between JFE Steel and IBM Japan and the operation of Exa was transferred to Kyndryl Japan GK. The agreement term runs through 31 March 2026. - FY2021-Q1First statedAnnual report
「On 24 June 2020, we agreed to extend the contract period for the joint venture agreement and outsourcing agreement between JFE Steel Corporation and IBM Japan, Ltd. through 31 March 2026.」
An agreement was reached to extend the term through 31 March 2026 for the comprehensive alliance and outsourcing agreement concerning the operations of JFE Steel, IBM Japan and Exa.