Komori
Business alliance6820ICOM INCORPORATEDElectrical Equipment and Precision Instruments

Execution of a Memorandum of Understanding with FURUNO ELECTRIC CO.,LTD. to Begin Collaboration in the Radio and Radar Fields

アイコム and FURUNO ELECTRIC CO.,LTD. executed a memorandum of understanding to examine opportunities for collaboration in the radio and radar fields. The parties are at the stage of discussing areas such as product development and joint procurement, and no specific transaction terms or capital transfers have been determined.

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Agreements reached under this partnership

Business alliance
6820ICOM INCORPORATED
Alliance partner古野電気株式会社
Details of the alliance
  1. 1

    Collaboration on product development in the radio equipment and radar fields

  2. 2

    Cost-reduction measures including joint procurement of related materials and components

  3. 3

    Ongoing discussions on potential future collaboration themes drawing on the expertise of both companies

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 DescriptionOperates in the field of marine electronic equipment, including marine navigation radar
LocationNishinomiya, Hyogo Prefecture
Contract Date13 May 2026
Agreements reached under this partnership
ItemDetails
Name of alliance partner古野電気株式会社
Alliance partner's business activitiesOperates in the field of marine electronic equipment, including marine navigation radar
Alliance partner's locationNishinomiya, Hyogo Prefecture
Type of allianceBusiness alliance
Details of the allianceCollaboration on product development in the radio equipment and radar fields, Cost-reduction measures including joint procurement of related materials and components, Ongoing discussions on potential future collaboration themes drawing on the expertise of both companies
Contract Date13 May 2026
Items this document does not state (17)
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 resolutionAlliance start dateShare Acquisition Date and Payment DateImpact on Business PerformanceChange in major shareholders

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The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The companies recognized that leveraging the technologies and expertise they have each developed could lead to the creation of new value and business opportunities, and determined that it would be beneficial to jointly examine the potential for collaboration.

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Execution of a Memorandum of Understanding with FURUNO ELECTRIC CO.,LTD. to Begin Collaboration in the Radio and Radar Fields | ICOM INCORPORATED (6820) timely disclosure | Komori