Worth reading
43Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
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Displayed only when the document provides numerical figures.Wording
Definitive
How definitive the wording is.Agreements reached under this partnership
Termination of the agreement to establish a joint venture / general agency agreement7112CUBE CO.,LTD.
Alliance partnerPT Muda Yakin Berkarya
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).
Overview of the joint ventureAs the agreement to establish a joint venture will be terminated, the overview after establishment is Not disclosed
About the partner
Business DescriptionWholesale and sale of clothing, miscellaneous goods and other products, as well as wholesale of sporting goods and other products
LocationJakarta, Indonesia
Share capital500,000,000 Indonesian rupiah (approximately ¥4.5 million)
Impact on Business Performance
The impact of this matter on the Company’s results for the current fiscal year (fiscal year ending December 2026) is minor
Date of board resolution14 August 2026
| Item | Details |
|---|---|
| Name of alliance partner | PT Muda Yakin Berkarya |
| Alliance partner's business activities | Wholesale and sale of clothing, miscellaneous goods and other products, as well as wholesale of sporting goods and other products |
| Alliance partner's location | Jakarta, Indonesia |
| Alliance partner's capital | 500,000,000 Indonesian rupiah (approximately ¥4.5 million) |
| Type of alliance | Termination of the agreement to establish a joint venture / general agency agreement |
| Overview of the joint venture | As the agreement to establish a joint venture will be terminated, the overview after establishment is Not disclosed |
| Date of board resolution | 14 August 2026 |
| Impact on Business Performance | The impact of this matter on the Company’s results for the current fiscal year (fiscal year ending December 2026) is minor |
Items this document does not state (15)
Alliance partner's net salesAlliance partner's operating incomeDetails of the allianceNumber of shares acquiredAcquisition priceShareholding ratioOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyContract DateAlliance start dateShare 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.The Company determined that appointing MYB as the general distributor would enable it to make maximum use of MYB’s network in Indonesia and Southeast Asia and facilitate more flexible and rapid business expansion.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.