Agreements reached under this partnership
Termination of the capital and business alliance and transition to a business alliance- 1
The parties will mutually agree to terminate their capital and business alliance agreement and will enter into a new business alliance agreement.
- 2
The shares held by the other company are scheduled to be acquired by us as treasury shares through an off-auction purchase transaction (ToSTNeT-3).
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).
We expect the impact of this matter on our financial results to be minor.
| Item | Details |
|---|---|
| Name of alliance partner | 株式会社駿河屋 |
| Alliance partner's business activities | (Brick-and-mortar store business) Directly operated and franchised stores under the comprehensive hobby shop brand 駿河屋, and promotion of O2O services; (e-commerce business) operation of the 駿河屋.JP mail-order site and the 駿河屋.COM cross-border e-commerce site, and marketplace business; (solutions business) development and provision of SaaS-based business support systems for reuse businesses, product data sales, and B2B wholesale services |
| Alliance partner's location | Aoi-ku, Shizuoka City, Shizuoka Prefecture |
| Alliance partner's capital | ¥2,044,999,872 |
| Type of alliance | Termination of the capital and business alliance and transition to a business alliance |
| Details of the alliance | The parties will mutually agree to terminate their capital and business alliance agreement and will enter into a new business alliance agreement., The shares held by the other company are scheduled to be acquired by us as treasury shares through an off-auction purchase transaction (ToSTNeT-3). |
| Number of shares acquired | 1,852,000 shares of our common stock (2.89% of total shares issued) |
| Shareholding ratio | 株式会社駿河屋: 2.89% → 0%(Down 2.89 percentage points) |
| Dispatch of directors and officers | Not applicable. |
| Shareholding Policy | 株式会社駿河屋 will sell the 1,852,000 shares of our common stock it holds, which we plan to acquire as treasury shares. Other holding policies, lock-up arrangements and transfer restrictions: not disclosed |
| Date of board resolution | 19 May 2026 |
| Contract Date | 19 May 2026 |
| Alliance start date | 19 May 2026 |
| Impact on Business Performance | We expect the impact of this matter on our financial results to be minor. |
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.In addition to having achieved a certain level of results through our initiatives to date, we determined that it would be desirable to review the capital relationship and operate the business in a more agile and flexible manner in light of changes in the future business environment and our growth strategy.