Agreements reached under this partnership
Business alliance- 1
The partner will provide the Company with know-how relating to product development, recipe management, store operations and brand management for “Echigo Tsukemen.”
- 2
The partner will grant the Company a license to use the “Echigo Tsukemen” brand and related trademarks.
- 3
Based on this know-how and trademark license, the Company will be responsible for store expansion, store operations and sales management in western Japan.
- 4
The Company will share with the partner the store operation know-how and management resources it has developed through its restaurant business to date.
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
The impact of this matter on consolidated results for the current fiscal year is expected to be immaterial, but it is expected to contribute to the expansion of the Company’s earnings over the medium to long term.
| Item | Details |
|---|---|
| Name of alliance partner | Name of partner: 株式会社サンライズサービス |
| Alliance partner's business activities | Operation of a delivery business, primarily sushi restaurants; catering services, including prepared meals; and restaurants, including seafood rice bowls and tsukemen restaurants |
| Alliance partner's location | Takatsu-ku, Kawasaki, Kanagawa Prefecture |
| Alliance partner's capital | ¥50 million |
| Alliance partner's net sales | ¥5,162 million (fiscal year ended March 2025) |
| Alliance partner's operating income | Operating loss of ¥29 million (fiscal year ended March 2025) |
| Type of alliance | Business alliance |
| Details of the alliance | The partner will provide the Company with know-how relating to product development, recipe management, store operations and brand management for “Echigo Tsukemen.”, The partner will grant the Company a license to use the “Echigo Tsukemen” brand and related trademarks., Based on this know-how and trademark license, the Company will be responsible for store expansion, store operations and sales management in western Japan., The Company will share with the partner the store operation know-how and management resources it has developed through its restaurant business to date. |
| Date of board resolution | 20 April 2026 |
| Contract Date | 20 April 2026 |
| Impact on Business Performance | The impact of this matter on consolidated results for the current fiscal year is expected to be immaterial, but it is expected to contribute to the expansion of the Company’s earnings over the medium to long term. |
Items this document does not state (12)
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 leverage the brand strength and operating know-how of “Echigo Tsukemen,” developed by 株式会社サンライズサービス, as the Company expands into the noodle business, thereby expanding its business areas and enhancing corporate value over the medium to long term.