Agreements reached under this partnership
Business alliance- 1
The two companies will cooperate with each other on brand strategy, product development and the expansion of sales channels.
- 2
コーエン and i.D Co., Ltd. plan to jointly plan and develop the cosmetics brand “Pickit” (trademark application pending), and produce, sell and distribute its products.
- 3
コーエン will be responsible for product planning and development, production and inventory management, advertising and promotional activities, and other functions, while i.D Co., Ltd. will be responsible for developing sales channels, distribution and sales activities, among other functions.
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 the Company’s consolidated results for the fiscal year ending February 2027 will be minor. The impact on the Company’s consolidated results for the fiscal year ending February 2028 and thereafter is currently under review.
| Item | Details |
|---|---|
| Name of alliance partner | i.D Co., Ltd. |
| Alliance partner's business activities | Product planning, sales and export of health foods, cosmetics, daily-use goods and other products |
| Alliance partner's location | Minato-ku, Tokyo |
| Alliance partner's capital | ¥22 million |
| Alliance partner's net sales | Undisclosed at the counterparty’s request (operating results for the most recent 3 years) |
| Alliance partner's operating income | Undisclosed at the counterparty’s request (operating results for the most recent 3 years) |
| Type of alliance | Business alliance |
| Details of the alliance | The two companies will cooperate with each other on brand strategy, product development and the expansion of sales channels., コーエン and i.D Co., Ltd. plan to jointly plan and develop the cosmetics brand “Pickit” (trademark application pending), and produce, sell and distribute its products., コーエン will be responsible for product planning and development, production and inventory management, advertising and promotional activities, and other functions, while i.D Co., Ltd. will be responsible for developing sales channels, distribution and sales activities, among other functions. |
| Dispatch of directors and officers | The Company’s Representative Director and Chairman, Kodama Kazuhiro (児玉和宏), also serves as a director of the company concerned. |
| Contract Period | The basic agreement is valid for 1 year from the date of execution. Unless either party gives written notice of termination at least 1 month before the expiration date, the agreement will be renewed for an additional 1 year, and the same will apply thereafter. |
| Date of board resolution | 9 October 2026 |
| Contract Date | 9 October 2026 |
| Alliance start date | June 2027 (予定) |
| Impact on Business Performance | The impact on the Company’s consolidated results for the fiscal year ending February 2027 will be minor. The impact on the Company’s consolidated results for the fiscal year ending February 2028 and thereafter is currently under review. |
Items this document does not state (9)
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 identified the growth of the low-priced cosmetics market and the expansion of beauty-care product sales through drugstores as new business opportunities. In addition, the Company aims to expand its product categories and B2B business and acquire new customer segments by leveraging コーエン’s expertise in product planning, brand management and customer engagement, together with i.D Co., Ltd.’s expertise in developing sales channels and conducting sales activities.