Expansion of the maintenance leasing, used-car and overseas businesses through a capital and business alliance with ITOCHU Corporation
First written in FY2025. 1 of 3 entries say "Advanced", first in FY2026-H1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Updated ITOCHU Corporation’s prior-consent provisionAnnual report
「Agreement date: 22 May 2026 / Obtain ITOCHU Corporation’s prior written consent if, as a result of issuing or disposing of shares, stock acquisition rights, bonds with stock acquisition rights or other potential shares, ITOCHU Corporation’s fully diluted voting rights ratio relating to the shares of the filing company it holds would fall to 1/3 or less.」
On 22 May 2026, the company entered into an agreement requiring prior consent for capital policies that would reduce ITOCHU Corporation’s fully diluted voting rights ratio to 1/3 or less, in order to maintain and strengthen its capital and business alliance with ITOCHU Corporation. - FY2026-H1AdvancedAnnual report
「The Company entered into an agreement with its shareholder, ITOCHU Corporation, under which the Company’s prior consent is required for the issuance or other disposal of the Company’s shares. The purpose of the agreement is for the two companies to promote their business alliance and enhance their corporate value through the Company’s medium- to long-term business growth in the Japanese and global markets.」
The company entered into a capital and business alliance agreement with ITOCHU Corporation and disclosed a prior-consent provision applicable when ITOCHU Corporation’s fully diluted voting rights ratio falls below 25% as a result of issuing shares or other securities, as well as the agreed objective of medium- to long-term growth in the Japanese and global markets. - FY2025First statedAnnual report
「Our medium- to long-term management strategy is to work with ITOCHU Corporation, which has newly become our largest shareholder, and pursue further sales growth by creating synergies. Specifically, we aim to enter the maintenance leasing business, expand earnings through the used-vehicle business, and increase sales in overseas markets by leveraging the ITOCHU Group’s network.」
The company has, for the first time, systematically presented a medium- to long-term strategy based on its capital and business alliance with ITOCHU Corporation, comprising entry into the maintenance leasing business, earnings growth from the used-vehicle business, and expansion of overseas sales by leveraging the ITOCHU Group’s network.