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Business Alliances5845ZENHOREN CO.,LTD.Financials (excluding banks)

Notice Regarding the Execution of a Business Matching Agreement with Hokuriku Bank, Ltd.: Fourth Alliance with a Regional Bank Group

全保連 has entered into a business matching agreement with The Hokuriku Bank, Ltd. The two companies will leverage their respective networks and expertise to establish a service delivery framework for real estate companies, property owners, tenants and businesses in the Hokuriku region.

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Agreements reached under this partnership

Business Alliances
5845ZENHOREN CO.,LTD.
Alliance partnerThe Hokuriku Bank, Ltd.
Details of the alliance
  1. 1

    By leveraging the networks and expertise held by The Hokuriku Bank, Ltd. and 全保連, respectively, we aim to establish a framework for providing more convenient services to real estate companies, property owners, tenants and businesses in the Hokuriku region and surrounding areas, collectively referred to below as “customers.”

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 DescriptionBanking
LocationToyama City, Toyama Prefecture
Share capital¥140.4 billion
Impact on Business Performance

The impact of this business matching agreement on 全保連’s results for the fiscal year ending March 2027 is expected to be immaterial.

Agreements reached under this partnership
ItemDetails
Name of alliance partnerThe Hokuriku Bank, Ltd.
Alliance partner's business activitiesBanking
Alliance partner's locationToyama City, Toyama Prefecture
Alliance partner's capital¥140.4 billion
Type of allianceBusiness Alliances
Details of the allianceBy leveraging the networks and expertise held by The Hokuriku Bank, Ltd. and 全保連, respectively, we aim to establish a framework for providing more convenient services to real estate companies, property owners, tenants and businesses in the Hokuriku region and surrounding areas, collectively referred to below as “customers.”
Impact on Business PerformanceThe impact of this business matching agreement on 全保連’s results for the fiscal year ending March 2027 is expected to be immaterial.
Items this document does not state (16)
Alliance 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 DateChange in major shareholders

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 alliance with a regional bank group is intended to expand the customer base and acquire high-quality customers. The companies also aim to leverage their respective networks and expertise to provide more convenient services to customers in the Hokuriku region, expand their regional market share, revitalize the regional economy and improve customer convenience.

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Notice Regarding the Execution of a Business Matching Agreement with Hokuriku Bank, Ltd.: Fourth Alliance with a Regional Bank Group | ZENHOREN CO.,LTD. (5845) timely disclosure | Komori