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Business alliance7702JMS CO.,LTD.Electrical Equipment and Precision Instruments

Establishment of a Joint Venture for the Manufacture and Sale of Blood Bags in Egypt; Head of Egypt’s Unified Procurement Authority Visits Izumo Plant

Through its subsidiary, JMS established a joint venture in Egypt to manufacture, sell and export blood bags. The joint venture plans to build a new plant and aims to begin operations in 2029.

Worth reading
82Important
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
12500000
EGP
Wording
Conditional
How definitive the wording is.

Agreements reached under this partnership

Joint venture
7702JMS CO.,LTD.
Alliance partnerEgyptian Company for Medical Investments (S.A.E.) / INTERPHARM for Import, Export & Medical Industries (S.A.E.)
Details of the alliance
  1. 1

    Manufacture, sale and export of blood bags

  2. 2

    Following the start of plant operations in 2029, the joint venture is expected to develop a more stable blood-related business through local production.

  3. 3

    The joint venture aims to expand its business into the MENA region (the Middle East and North Africa), using Egypt as its base.

  4. 4

    We will strengthen the resilience of our supply chain through the geographic diversification of production bases.

  5. 5

    Local production of blood bags using Japanese technology will contribute to improving the quality of healthcare in Egypt.

  6. 6

    The joint venture will contribute to the development of Egypt’s pharmaceutical and medical device industries by creating local employment and transferring technology.

  7. 7

    The joint venture is expected to contribute to improving healthcare infrastructure throughout the MENA region.

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

Numerical targets under the alliance

Following the start of plant operations in 2029, the joint venture plans to develop its business with a view to exporting to the MENA region in the future.

Capital and personnel relationships

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).

18.00%Our ownership stake in the partner’s shares
Shareholding ratio JMS Singapore Pte. Ltd 18%
Ownership ratioEgyptian Company for Medical Investments (S.A.E.) 41% / INTERPHARM for Import, Export & Medical Industries (S.A.E.) 41% / JMS Singapore Pte. Ltd 18%
Overview of the joint ventureName Japan-Egypt Blood Bag (JMS) S.A.E. / Location Ain Sokhna Industrial Zone, plot 2, sector I-A, Egypt / Business Description Manufacture, sale and export of blood bags / Capital Contributions 12,500,000 EGP / Ownership ratio Egyptian Company for Medical Investments (S.A.E.) 41%、INTERPHARM for Import, Export & Medical Industries (S.A.E.) 41%、JMS Singapore Pte. Ltd 18%
About the partner
Business DescriptionEgyptian government-affiliated healthcare investment company / Egypt-based pharmaceutical and medical device manufacturing and sales company
LocationEgypt
Contract Date30 April 2025Alliance start date7 April 2026 (establishment of the joint venture)
Agreements reached under this partnership
ItemDetails
Name of alliance partnerEgyptian Company for Medical Investments (S.A.E.), INTERPHARM for Import, Export & Medical Industries (S.A.E.)
Alliance partner's business activitiesEgyptian government-affiliated healthcare investment company, Egypt-based pharmaceutical and medical device manufacturing and sales company
Alliance partner's locationEgypt
Type of allianceJoint venture
Details of the allianceManufacture, sale and export of blood bags, Following the start of plant operations in 2029, the joint venture is expected to develop a more stable blood-related business through local production., The joint venture aims to expand its business into the MENA region (the Middle East and North Africa), using Egypt as its base., We will strengthen the resilience of our supply chain through the geographic diversification of production bases., Local production of blood bags using Japanese technology will contribute to improving the quality of healthcare in Egypt., The joint venture will contribute to the development of Egypt’s pharmaceutical and medical device industries by creating local employment and transferring technology., The joint venture is expected to contribute to improving healthcare infrastructure throughout the MENA region.
Shareholding ratioNot disclosed → JMS Singapore Pte. Ltd 18%
Overview of the joint ventureName Japan-Egypt Blood Bag (JMS) S.A.E. / Location Ain Sokhna Industrial Zone, plot 2, sector I-A, Egypt / Business Description Manufacture, sale and export of blood bags / Capital Contributions 12,500,000 EGP / Ownership ratio Egyptian Company for Medical Investments (S.A.E.) 41%、INTERPHARM for Import, Export & Medical Industries (S.A.E.) 41%、JMS Singapore Pte. Ltd 18%
Ownership ratioEgyptian Company for Medical Investments (S.A.E.) 41% / INTERPHARM for Import, Export & Medical Industries (S.A.E.) 41% / JMS Singapore Pte. Ltd 18%
Numerical targets under the allianceFollowing the start of plant operations in 2029, the joint venture plans to develop its business with a view to exporting to the MENA region in the future.
Contract Date30 April 2025
Alliance start date7 April 2026 (establishment of the joint venture)
Items this document does not state (12)
Alliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceDispatch of directors and officersContract PeriodShareholding PolicyDate of board resolutionShare Acquisition Date and Payment DateImpact on Business PerformanceChange in major shareholders

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.

Against the backdrop of the Egyptian government’s policy to localize pharmaceutical and medical device production, the initiative aims to ensure a stable supply and quality of blood bags, improve healthcare quality through local production, create jobs and transfer technology, expand the business into the MENA region, and strengthen the supply chain.

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Establishment of a Joint Venture for the Manufacture and Sale of Blood Bags in Egypt; Head of Egypt’s Unified Procurement Authority Visits Izumo Plant | JMS CO.,LTD. (7702) timely disclosure | Komori