Komori
Tay Two (7610) · InitiativeAdvanced

Global and e-commerce collaboration through a capital and business alliance with TORICO

First written in FY2024. 4 of 8 entries say "Advanced", first in FY2025-Q1. Latest entry: FY2026.

8entries
3years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2025-Q1 – FY2025ReframedFY2026-H12024: 320242025: 220252026: 32026
Same theme, other companies
Capital and business alliance with TORICO, with EC cooperation continuing after its dissolutionA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「Although we have transactions in goods with this company, the capital and business alliance has been dissolved, and our holding of these shares is not intended to participate in management.」

    Following the dissolution of the capital and business alliance with TORICO, the company proceeded to remove TORICO from its equity-method affiliates and to arrange for the sale of its shareholding. Meanwhile, the business alliance, including transactions in goods, continues.
  2. FY2026-H1ReframedAnnual report

    「As announced in the notice dated 25 September 2025 titled "Notice Regarding the Termination of the Capital and Business Alliance with TORICO Co.,Ltd., Continuation of the Business Alliance, and Change in an Equity-Method Affiliate," our capital alliance with TORICO Co.,Ltd. has been terminated, but we resolved at the same time to continue the business alliance. We will continue working to maintain a favourable relationship and pursue cooperation that contributes to enhancing the corporate value of both companies.」

    The capital and business alliance with TORICO was dissolved, and TORICO was removed from the company's equity-method affiliates, while the relationship was restructured so that the business alliance would continue. The company states that collaboration, including joint stores in Taiwan, will continue.
  3. FY2025AdvancedAnnual report

    「By reviewing the cost structure and increasing sales at our proprietary e-commerce site ふるいちオンライン, while effectively leveraging the synergies from the business alliance with TORICO Co.,Ltd., we achieved profitability in the e-commerce segment on a standalone basis.」

    Regarding the capital and business alliance with TORICO, synergies from reviewing the EC cost structure and increasing sales emerged as the EC division becoming profitable on a standalone basis.
  4. FY2025-H1AdvancedAnnual report

    「We entered into a capital and business alliance agreement with TORICO Co.,Ltd. on 29 March 2024 and have begun advancing collaboration with the company.」

    Regarding the capital and business alliance with TORICO, the company states that collaboration began during the interim period following completion of payment and TORICO's designation as an equity-method affiliate. It also sets out a policy of pursuing integration of EC member services and cooperation with TORICO's overseas strategy.
  5. FY2025-Q1AdvancedAnnual report

    「Payment for this third-party allotment was completed on 15 April 2024. …Acquisition date 15 April 2024 Common shares 300,000 shares Acquisition price (¥ thousands) 320,400 Voting rights ratio after acquisition 19.70%」

    Regarding the capital and business alliance with TORICO, the company completed payment for the acquisition of 300,000 shares for ¥320.4 million, resulting in a voting rights ratio of 19.70%. On 27 June, its representative director and president was elected as an outside director of TORICO, which became an equity-method affiliate.
  6. FY2024First statedAnnual report

    「Acquisition date 15 April 2024 Common shares 300,000 shares Acquisition price (¥ thousands) 320,400 Voting rights ratio after acquisition 19.70%」

    Under the capital and business alliance with TORICO, the company completed its planned acquisition of 300,000 shares for ¥320.4 million on 15 April 2024, resulting in a voting rights ratio of 19.70%. The purposes of the alliance include seconding 1 director, coordinating overseas strategies, reducing EC site maintenance and development costs, and strengthening the reuse EC business.
Moved together

"Sales-floor, store-network and B2B initiatives for the next phase of growth" moved the same way as this thread, in the same document, in 4 of its 8 moves.

444433★123456
  1. ★This thread
  2. 1Sales-floor, store-network and B2B initiatives for the next phase of growth4×
  3. 2Expanding the store network with a focus on profitability4×
  4. 3Return to positive cash flow from operating activities4×
  5. 4Building synergies among physical stores, e-commerce and new businesses, and monetizing know-how4×
  6. 5Stabilizing procurement and improving profitability in the e-commerce business3×
  7. 6Rebuilding the business strategy and earnings structure, and shifting strategy3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Tay Two yet. It last moved in the General Meeting of Shareholders of 2026-05-06: "Cited as achieved".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.