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Business alliance6573CRAVIA Inc.Information and Communications, Services and Others

Notice Regarding the Execution of an Exclusive Sales Agency Agreement (Master Distribution Agreement) with 株式会社ノリコンガンJapan

CRAVIA has entered into an agreement with 株式会社ノリコンガンJapan to obtain exclusive master distribution rights in Japan for the “POCA i” photocard products and dedicated vending machines. The company aims to purchase and install 500 vending machines in the first year, with an initial investment of approximately ¥30 million.

Worth reading
63In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
30
Millions of yen (approx.)
Wording
Conditional
How definitive the wording is.

Agreements reached under this partnership

Business alliance
6573CRAVIA Inc.
Alliance partner株式会社ノリコンガンJapan
Details of the alliance
  1. 1

    Grant of exclusive distribution agency rights (master distribution rights) in Japan for the products and equipment

  2. 2

    To exclusively import, purchase, wholesale, sell, advertise and promote the products and equipment in Japan

  3. 3

    To purchase 500 units of the equipment by 31 December 2026, the first year

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

Numerical targets under the alliance

To purchase 500 units of the equipment by 31 December 2026 and target the installation of 500 units during the first year.

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).

Acquisition priceApproximately ¥30 million (purchase price for the equipment and other items, representing 300 of the 500 units targeted for the first year)
About the partner
Business DescriptionPhotography and operation of photo booths
LocationTaito-ku, Tokyo
Share capital¥10 million
Net Sales¥47.131 million (fiscal year ended May 2025)
Operating profitOperating loss of ¥48.161 million (fiscal year ended May 2025)
Impact on Business Performance

The impact of this matter on consolidated results for the fiscal year ending December 2026 is currently under review. If disclosure becomes necessary, the company will promptly announce the details.

Date of board resolution7 May 2026Contract Date7 May 2026Alliance start date1 June 2026 (scheduled)Contract PeriodThree years from 7 May 2026, the date of execution of the agreement. If neither party indicates an intention not to renew at least 3 months before expiration, the agreement will be extended for 2 years and will thereafter renew automatically on a one-year basis.
Agreements reached under this partnership
ItemDetails
Name of alliance partner株式会社ノリコンガンJapan
Alliance partner's business activitiesPhotography and operation of photo booths
Alliance partner's locationTaito-ku, Tokyo
Alliance partner's capital¥10 million
Alliance partner's net sales¥47.131 million (fiscal year ended May 2025)
Alliance partner's operating incomeOperating loss of ¥48.161 million (fiscal year ended May 2025)
Type of allianceBusiness alliance
Details of the allianceGrant of exclusive distribution agency rights (master distribution rights) in Japan for the products and equipment, To exclusively import, purchase, wholesale, sell, advertise and promote the products and equipment in Japan, To purchase 500 units of the equipment by 31 December 2026, the first year
Acquisition priceApproximately ¥30 million (purchase price for the equipment and other items, representing 300 of the 500 units targeted for the first year)
Contract PeriodThree years from 7 May 2026, the date of execution of the agreement. If neither party indicates an intention not to renew at least 3 months before expiration, the agreement will be extended for 2 years and will thereafter renew automatically on a one-year basis.
Numerical targets under the allianceTo purchase 500 units of the equipment by 31 December 2026 and target the installation of 500 units during the first year.
Date of board resolution7 May 2026
Contract Date7 May 2026
Alliance start date1 June 2026 (scheduled)
Impact on Business PerformanceThe impact of this matter on consolidated results for the fiscal year ending December 2026 is currently under review. If disclosure becomes necessary, the company will promptly announce the details.
Items this document does not state (8)
Number of shares acquiredShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersShareholding PolicyShare 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.

Against the backdrop of the expanding K-POP-related market, the company aims to accelerate the rollout of “POCA i” in Japan, provide new purchasing experiences, and establish a new earnings base in the entertainment sector.

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.
Notice Regarding the Execution of an Exclusive Sales Agency Agreement (Master Distribution Agreement) with 株式会社ノリコンガンJapan | CRAVIA Inc. (6573) timely disclosure | Komori