Agreements reached under this partnership
Capital and Business Alliance- 1
Development of an end-to-end system: Building a platform that covers the entire process, from the online sale of tax-free goods through tax-free processing and refunds in compliance with the revised legislation.
- 2
Establishment of an O2O (Offline to Online) pathway: Providing an experience that directs tourists to the app through measures such as placing QR codes at physical stores, enabling them to make online purchases and complete tax-free procedures on the spot.
- 3
Infrastructure development and API integration: Integrating legal requirements and logistics through airport locker pickup, the installation of staffed service counters, and API integration with the National Tax Agency's systems.
- 4
Integration of the Japan-Korea platforms: Building a customer-acquisition network that engages tourists before their trips by partnering with airlines and OTAs (online travel agencies) in both countries.
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 of this matter on the Company's results for the fiscal year ending September 2026 is expected to be immaterial.
| Item | Details |
|---|---|
| Name of alliance partner | The Service Platform Co., Ltd. |
| Alliance partner's business activities | TSP operates tax-free refund services and the online tax-free service Funch REWARD in Korea. Funch REWARD combines online shopping with contactless tax-free procedures, simplifying the process through online payments and dedicated Refund Robots. |
| Alliance partner's location | Seoul, South Korea |
| Type of alliance | Capital and Business Alliance |
| Details of the alliance | Development of an end-to-end system: Building a platform that covers the entire process, from the online sale of tax-free goods through tax-free processing and refunds in compliance with the revised legislation., Establishment of an O2O (Offline to Online) pathway: Providing an experience that directs tourists to the app through measures such as placing QR codes at physical stores, enabling them to make online purchases and complete tax-free procedures on the spot., Infrastructure development and API integration: Integrating legal requirements and logistics through airport locker pickup, the installation of staffed service counters, and API integration with the National Tax Agency's systems., Integration of the Japan-Korea platforms: Building a customer-acquisition network that engages tourists before their trips by partnering with airlines and OTAs (online travel agencies) in both countries. |
| Contract Date | 14 May 2026 |
| Share Acquisition Date and Payment Date | Around 30 June 2026 (scheduled) |
| Impact on Business Performance | The impact of this matter on the Company's results for the fiscal year ending September 2026 is expected to be immaterial. |
Items this document does not state (15)
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.To complete an online tax-free ecosystem in Japan by leveraging TSP's technological capabilities. Demand for the digitalization of tax-free procedures and refund services is expected to increase following the planned revision of the tax-free sales system from November 2026, and the alliance is intended to capture this market demand.