Agreements reached under this partnership
Capital and Business Alliance- 1
We will consider the planning, prototyping, certification and mass production of drone-related components, communications modules, control equipment and peripheral devices by combining our wireless communications technology with LIMNO's design, procurement, manufacturing and quality-control capabilities.
- 2
We will use TriIs Incorporated's network of advisers, capital and business partners, and business development contacts to develop projects for the reshoring of domestic production of beauty appliances and other electrical equipment, leading to ODM, OEM and EMS contract manufacturing by LIMNO.
- 3
We will use our and TriIs Incorporated's customer, sales and business-partner networks to expand sales opportunities for LIMNO's products and contract manufacturing services.
- 4
Through clarification of LIMNO's medium- to long-term business policy and cooperation in procurement, quality and BCP, we will strengthen relationships with business partners and suppliers and establish stable procurement.
- 5
The companies will consider jointly planning and demonstrating products and services that use IoT, wireless communications, AI, robotics and other technologies.
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
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).
The impact on consolidated results and financial position for the fiscal year ending March 2027 is currently under review.
| Item | Details |
|---|---|
| Name of alliance partner | TriIs Incorporated |
| Alliance partner's business activities | M&A for the succession of established businesses, and management reform and growth support for group companies using management science and information science |
| Alliance partner's location | Chiyoda-ku, Tokyo |
| Alliance partner's capital | ¥290,906,350 (as of 30 June 2026) |
| Alliance partner's net sales | ¥1,424 million (fiscal year ended December 2025) |
| Alliance partner's operating income | ¥204 million loss (fiscal year ended December 2025) |
| Type of alliance | Capital and Business Alliance |
| Details of the alliance | We will consider the planning, prototyping, certification and mass production of drone-related components, communications modules, control equipment and peripheral devices by combining our wireless communications technology with LIMNO's design, procurement, manufacturing and quality-control capabilities., We will use TriIs Incorporated's network of advisers, capital and business partners, and business development contacts to develop projects for the reshoring of domestic production of beauty appliances and other electrical equipment, leading to ODM, OEM and EMS contract manufacturing by LIMNO., We will use our and TriIs Incorporated's customer, sales and business-partner networks to expand sales opportunities for LIMNO's products and contract manufacturing services., Through clarification of LIMNO's medium- to long-term business policy and cooperation in procurement, quality and BCP, we will strengthen relationships with business partners and suppliers and establish stable procurement., The companies will consider jointly planning and demonstrating products and services that use IoT, wireless communications, AI, robotics and other technologies. |
| Number of shares acquired | 49% of the 120,000 issued shares (number of shares acquired not disclosed) |
| Acquisition price | The transfer price is scheduled to be determined in the definitive agreement (undecided) |
| Shareholding ratio | 0％ → 49％ |
| Overview of the joint venture | LIMNO Co., Ltd. Its address is 7-101 Tachikawa-cho, Tottori City, Tottori Prefecture. Its business comprises the planning, development, manufacture, sale, repair and maintenance of electrical equipment, as well as the planning, development, production, sale, repair and maintenance of software and services, and consulting. Capital: ¥61,000,000. Ownership: TriIs Incorporated 51%; ICOM INCORPORATED 49%. |
| Ownership ratio | TriIs Incorporated 51%; ICOM INCORPORATED 49% |
| Dispatch of directors and officers | The parties will discuss a framework based on the principle that each of our company and TriIs Incorporated may nominate the same number of directors, with joint consultation and approval required for important matters. In principle, day-to-day operations will be conducted mainly by LIMNO's officers and employees who are familiar with its business and operations. |
| Date of board resolution | 30 September 2026 (basic agreement) |
| Contract Date | 30 September 2026 (basic agreement) |
| Alliance start date | End of October 2026 (scheduled; execution of the definitive agreement and effectiveness of the alliance) |
| Share Acquisition Date and Payment Date | 1 October 2026 (scheduled; TriIs Incorporated's acquisition of all LIMNO shares); end of October 2026 (scheduled; ICOM INCORPORATED's acquisition of a 49% interest in LIMNO) |
| Impact on Business Performance | The impact on consolidated results and financial position for the fiscal year ending March 2027 is currently under review. |
Items this document does not state (4)
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.To combine ICOM INCORPORATED's expertise in wireless communications technology, procurement and quality control and its sales network, LIMNO's design, manufacturing and mass-production capabilities, and TriIs Incorporated's management improvement expertise and business development network, thereby supporting LIMNO's growth, maintaining and developing its manufacturing base, and securing new customers and mass-production projects.