Agreements reached under this partnership
Business alliance- 1
オーセンティック will grant the Company permission to use the "幸福屋" trademark and other intellectual property, provide management know-how and management guidance, and support store-opening operations. Under the franchise agreement, the Company will operate the purchase business at its stores.
- 2
Under the franchise agreement, the Company will pay オーセンティック a prescribed royalty.
- 3
If the Company so wishes, it may receive financial assistance from オーセンティック necessary to carry out the business. The specific amount, timing and other details will be agreed separately between the parties.
- 4
For items purchased by the Company based on conditions presented in advance by オーセンティック, オーセンティック will guarantee the purchase and bear responsibility for authenticity verification and certain related risks.
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 of this matter on the Company's results for the fiscal year ending February 2027 is expected to be immaterial.
| Item | Details |
|---|---|
| Name of alliance partner | オーセンティック株式会社 |
| Alliance partner's business activities | Purchase and sale of branded goods and other items, reuse business, franchise business and other activities |
| Alliance partner's location | Minato-ku, Tokyo |
| Alliance partner's capital | ¥10 million |
| Type of alliance | Business alliance |
| Details of the alliance | オーセンティック will grant the Company permission to use the "幸福屋" trademark and other intellectual property, provide management know-how and management guidance, and support store-opening operations. Under the franchise agreement, the Company will operate the purchase business at its stores., Under the franchise agreement, the Company will pay オーセンティック a prescribed royalty., If the Company so wishes, it may receive financial assistance from オーセンティック necessary to carry out the business. The specific amount, timing and other details will be agreed separately between the parties., For items purchased by the Company based on conditions presented in advance by オーセンティック, オーセンティック will guarantee the purchase and bear responsibility for authenticity verification and certain related risks. |
| Contract Period | 1 year (The agreement will be renewed for 1 year on the same terms if neither party submits a written objection at least 1 month before the expiry date. The same will apply thereafter.) |
| Shareholding Policy | In connection with this matter, the Company does not currently plan to acquire shares in オーセンティック, nor does it plan for オーセンティック to acquire shares in the Company or for the parties to jointly establish a new company. |
| Date of board resolution | 20 May 2026 |
| Contract Date | 20 May 2026 |
| Alliance start date | 22 May 2026 (planned) |
| Impact on Business Performance | The impact of this matter on the Company's results for the fiscal year ending February 2027 is expected to be immaterial. |
Items this document does not state (11)
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 diversify the earnings base in addition to the existing apparel business and improve store profitability. The Company also determined that the business would be compatible with its existing store network.