Komori
Business alliance7730MANI,INC.Electrical Equipment and Precision Instruments

Notice Regarding the Capital and Business Alliance with Swiss Company Odne AG

MANI, INC. has invested in Odne AG and entered into a capital and business alliance agreement under which it will acquire exclusive distribution rights for Odne AG's products in the Japanese market. The parties will also discuss cooperation in expanding into Asia and manufacturing products.

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Agreements reached under this partnership

Capital and Business Alliance
7730MANI,INC.
Alliance partnerOdne AG
Details of the alliance
  1. 1

    MANI, INC. will acquire exclusive distribution rights for Odne AG's products in the Japanese market and distribute them.

  2. 2

    The parties will also discuss cooperation in areas including expansion into the Asian markets where MANI, INC. has strengths, and product manufacturing.

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

About the partner
Business DescriptionDevelopment, manufacture and sale of root canal treatment devices
LocationDübendorf, Switzerland
Net SalesNot disclosed
Agreements reached under this partnership
ItemDetails
Name of alliance partnerOdne AG
Alliance partner's business activitiesDevelopment, manufacture and sale of root canal treatment devices
Alliance partner's locationDübendorf, Switzerland
Alliance partner's net salesNot disclosed
Type of allianceCapital and Business Alliance
Details of the allianceMANI, INC. will acquire exclusive distribution rights for Odne AG's products in the Japanese market and distribute them., The parties will also discuss cooperation in areas including expansion into the Asian markets where MANI, INC. has strengths, and product manufacturing.
Items this document does not state (17)
Alliance partner's capitalAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionContract DateAlliance start dateShare 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.

To strengthen its product portfolio in the dental field, particularly in root canal treatment. The company expects significant business synergies from combining Odne AG's technology and products with MANI, INC.'s technology and sales platform in the dental market.

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Notice Regarding the Capital and Business Alliance with Swiss Company Odne AG | MANI,INC. (7730) timely disclosure | Komori