Agreements reached under this partnership
Establishment of a joint venture- 1
Support for importing our products and obtaining product registrations
- 2
Providing access to suppliers
- 3
Providing expertise in marketing and store development in the Philippine market
- 4
Establishment and operation of concept stores
- 5
Sales of pharmaceuticals, health foods, cosmetics and other products
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).
| Item | Details |
|---|---|
| Name of alliance partner | AC HEALTH PHARMA VENTURES, INC., JOLECO RESOURCES, INC. |
| Alliance partner's business activities | Operation of an integrated pharmaceutical network with a portfolio spanning the entire pharmaceutical value chain, including pharmaceutical imports, wholesale distribution and retailing, Operation of the St. Joseph Drug pharmacy chain in northern and central Luzon, Philippines, as well as the retail and wholesale distribution of pharmaceuticals, quasi-drugs, cosmetics and other products |
| Alliance partner's location | Makati City, Philippines, Dagupan City, Philippines |
| Type of alliance | Establishment of a joint venture |
| Details of the alliance | Support for importing our products and obtaining product registrations, Providing access to suppliers, Providing expertise in marketing and store development in the Philippine market, Establishment and operation of concept stores, Sales of pharmaceuticals, health foods, cosmetics and other products |
| Overview of the joint venture | Name AJS Pharma, Inc. / Location 3rd Floor Makati Stock Exchange Building, 6767 Ayala Avenue, Makati City, Philippines / Business Description Establishment and operation of concept stores, and sales of pharmaceuticals, health foods, cosmetics and other products / Capital Contributions Not disclosed / Ownership ratio Our company 40%, APV 40%, JRI 20% |
| Ownership ratio | Our company 40%, APV 40%, JRI 20% |
| Alliance start date | 29 May 2026 (grand opening of the first concept store) |
| Share Acquisition Date and Payment Date | Capital contribution made in January 2026 (specific date Not disclosed) |
Items this document does not state (14)
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 combine the strengths of the respective companies and develop the business in the Philippine market, delivering high-quality, affordable Japanese healthcare products to households in the Philippines.