Komori
Business alliance7460YAGI & CO.,LTD.Trading & Wholesale

WEAVA Co., Ltd. of Yagi Group Establishes Taiwanese Subsidiary

WEAVA established a wholly owned subsidiary in Taipei, Taiwan, to handle sales and marketing of TATRAS and related activities. This will enable the company to fully develop its Asian business in 3 markets: Singapore, Taiwan and South Korea.

Worth reading
60In 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
10000
thousand Taiwan dollars
Wording
Definitive
How definitive the wording is.

Agreements reached under this partnership

7460YAGI & CO.,LTD.
Alliance partner塔特拉斯台灣股份有限公司 (TATRAS TAIWAN 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
Ownership ratio株式会社WEAVA 100%
About the partner
Business DescriptionSales, import and export, and marketing of apparel and fashion accessories
LocationTaipei City, Taiwan, Republic of China
Share capitalNT$10 million
Impact on Business Performance

The impact of this matter on consolidated results for the current fiscal year is immaterial.

Agreements reached under this partnership
ItemDetails
Name of alliance partner塔特拉斯台灣股份有限公司 (TATRAS TAIWAN Co., Ltd.)
Alliance partner's business activitiesSales, import and export, and marketing of apparel and fashion accessories
Alliance partner's locationTaipei City, Taiwan, Republic of China
Alliance partner's capitalNT$10 million
Shareholding ratioNot disclosed → 100%
Ownership ratio株式会社WEAVA 100%
Impact on Business PerformanceThe impact of this matter on consolidated results for the current fiscal year is immaterial.
Items this document does not state (16)
Alliance partner's net salesAlliance partner's operating incomeType of allianceDetails of the allianceNumber of shares acquiredAcquisition priceOverview of the joint ventureDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionContract 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.

To establish an important business foundation for the growth of TATRAS as a global brand and the expansion of the Asian business. This also reflects the company's track record of testing the market through pop-up stores and marketing activities in Taiwan.

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.
WEAVA Co., Ltd. of Yagi Group Establishes Taiwanese Subsidiary | YAGI & CO.,LTD. (7460) timely disclosure | Komori