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Business alliance6177AppBank Inc.Information and Communications, Services and Others

Notice of Commencement of Collaboration between Subsidiary musica lab株式会社 and the Sports Event Registration Service "Entry Plus" and China Import Procurement Platform "CiLEL"

musica lab株式会社, a subsidiary, has begun collaborating with ファーストトレード株式会社 to plan, produce and sell original merchandise for sports events using the latter's sports event registration service and Chinese sourcing and OEM platform. In addition to supporting event organizers, the collaboration will also involve the sale of limited-edition merchandise to registered members.

Worth reading
48Recurring
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Direction
Improvement
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Scale
—
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Wording
Definitive
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Agreements reached under this partnership

Business alliance
6177AppBank Inc.
Alliance partnerファーストトレード株式会社
Details of the alliance
  1. 1

    Merchandise production support for event organizers

  2. 2

    Planning and sale of limited-edition merchandise for registered members

  3. 3

    Enhancement of the value of sports events

  4. 4

    Product development using "CiLEL"

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 DescriptionDevelopment and provision of cloud- and AI-powered web services, including the sports event registration service "Entry Plus" and the China sourcing platform "CiLEL"
LocationAwara City, Fukui Prefecture
Impact on Business Performance

The impact of this matter on the company's performance is minor.

Alliance start dateCollaboration has commenced; the specific date is not disclosed
Agreements reached under this partnership
ItemDetails
Name of alliance partnerファーストトレード株式会社
Alliance partner's business activitiesDevelopment and provision of cloud- and AI-powered web services, including the sports event registration service "Entry Plus" and the China sourcing platform "CiLEL"
Alliance partner's locationAwara City, Fukui Prefecture
Type of allianceBusiness alliance
Details of the allianceMerchandise production support for event organizers, Planning and sale of limited-edition merchandise for registered members, Enhancement of the value of sports events, Product development using "CiLEL"
Alliance start dateCollaboration has commenced; the specific date is not disclosed
Impact on Business PerformanceThe impact of this matter on the company's performance is minor.
Items this document does not state (16)
Alliance 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 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 purpose is to combine Entry Plus's network of sports events and athletic organizations, musica lab株式会社's merchandise planning and production capabilities, and CiLEL's manufacturing and sourcing infrastructure to establish a system that enables event organizers to more easily produce and provide high-quality original merchandise.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice of Commencement of Collaboration between Subsidiary musica lab株式会社 and the Sports Event Registration Service "Entry Plus" and China Import Procurement Platform "CiLEL" | AppBank Inc. (6177) timely disclosure | Komori