Worth reading
53Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
35
Percentage of total shares issued (%)Wording
Conditional
How definitive the wording is.Agreements reached under this partnership
Termination of joint venture agreement6548TABIKOBO Co.Ltd.
Alliance partnerNippon Travel Agency Co., Ltd.
Capital and personnel relationships
This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).
100.00%Our ownership stake in the partner’s shares
Number of shares acquired3,150 shares (35.0% of the total shares issued by 株式会社ミタイトラベル)
Acquisition priceNot disclosed by agreement with the transferor
Overview of the joint ventureName: 株式会社ミタイトラベル. Location, business description, capital contribution and ownership ratio: not disclosed.
Impact on Business Performance
This matter will not change the scope of consolidation. Its impact on the Company's consolidated results for the fiscal year ending June 2027 will also be immaterial.
Contract Date17 September 2021 (joint venture agreement with 株式会社日本旅行)Alliance start dateOctober 2021 (establishment of ミタイトラベル through the joint venture)Share Acquisition Date and Payment Date1 October 2026 (share acquisition date)
| Item | Details |
|---|---|
| Name of alliance partner | Nippon Travel Agency Co., Ltd. |
| Type of alliance | Termination of joint venture agreement |
| Number of shares acquired | 3,150 shares (35.0% of the total shares issued by 株式会社ミタイトラベル) |
| Acquisition price | Not disclosed by agreement with the transferor |
| Shareholding ratio | 65.0％ → 100.0％ |
| Overview of the joint venture | Name: 株式会社ミタイトラベル. Location, business description, capital contribution and ownership ratio: not disclosed. |
| Contract Date | 17 September 2021 (joint venture agreement with 株式会社日本旅行) |
| Alliance start date | October 2021 (establishment of ミタイトラベル through the joint venture) |
| Share Acquisition Date and Payment Date | 1 October 2026 (share acquisition date) |
| Impact on Business Performance | This matter will not change the scope of consolidation. Its impact on the Company's consolidated results for the fiscal year ending June 2027 will also be immaterial. |
Items this document does not state (13)
Alliance partner's business activitiesAlliance partner's locationAlliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeDetails of the allianceOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionChange 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 joint venture relationship will be terminated by mutual agreement because the companies have continued to be unable to invest sufficient management resources in ミタイトラベル due to changes in the business environment.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.