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Business alliance8123T.KAWABE & CO.,LTD.Trading & Wholesale

Notice Regarding the Establishment of a Joint Venture (Equity-Method Affiliate)

T.KAWABE & CO.,LTD. will establish a joint venture, 株式会社 HALE, with Katsuno Yachiyo (勝野 八千代; stage name: Cathy Nakajima (キャシー中島)). The new company is expected to manufacture and sell handicraft-related products, operate quilt classes, and conduct licensing businesses involving trademarks and other intellectual property.

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Agreements reached under this partnership

Joint venture
8123T.KAWABE & CO.,LTD.
Alliance partnerKatsuno Yachiyo (勝野 八千代; stage name: Cathy Nakajima (キャシー中島))
Details of the alliance
  1. 1

    Manufacture, sale, import and export of handicraft materials, handicraft supplies and other handicraft-related products

  2. 2

    Operation of quilt classes

  3. 3

    Licensing business involving trademarks and other intellectual property rights

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

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).

51.00%Our ownership stake in the partner’s shares
Shareholding ratio T.KAWABE & CO.,LTD. 51%; Katsuno Yachiyo (勝野 八千代; stage name: Cathy Nakajima (キャシー中島)) 49%
Ownership ratioT.KAWABE & CO.,LTD. 51%; Katsuno Yachiyo (勝野 八千代; stage name: Cathy Nakajima (キャシー中島)) 49%
Overview of the joint ventureName 株式会社 HALE / Location 2-21-3 Sangenjaya, Setagaya-ku, Tokyo / Business Description Manufacture, sale, import and export of handicraft materials, handicraft supplies and other handicraft-related products; operation of quilt classes; and licensing business involving trademarks and other intellectual property rights / Capital Contributions ¥30 million / Ownership ratio T.KAWABE & CO.,LTD. 51%; Katsuno Yachiyo (勝野 八千代; stage name: Cathy Nakajima (キャシー中島)) 49%
Dispatch of directors and officersDirectors and employees of T.KAWABE & CO.,LTD. are expected to concurrently serve as officers of the company.
About the partner
Business DescriptionCreation and exhibitions of works and brand development as a quilt artist
Impact on Business Performance

The impact of this matter on the Company's results for the current fiscal year is expected to be immaterial.

Date of board resolution28 July 2026Alliance start date3 August 2026 (予定)
Agreements reached under this partnership
ItemDetails
Name of alliance partnerKatsuno Yachiyo (勝野 八千代; stage name: Cathy Nakajima (キャシー中島))
Alliance partner's business activitiesCreation and exhibitions of works and brand development as a quilt artist
Type of allianceJoint venture
Details of the allianceManufacture, sale, import and export of handicraft materials, handicraft supplies and other handicraft-related products, Operation of quilt classes, Licensing business involving trademarks and other intellectual property rights
Shareholding ratioNot disclosed → T.KAWABE & CO.,LTD. 51%; Katsuno Yachiyo (勝野 八千代; stage name: Cathy Nakajima (キャシー中島)) 49%
Overview of the joint ventureName 株式会社 HALE / Location 2-21-3 Sangenjaya, Setagaya-ku, Tokyo / Business Description Manufacture, sale, import and export of handicraft materials, handicraft supplies and other handicraft-related products; operation of quilt classes; and licensing business involving trademarks and other intellectual property rights / Capital Contributions ¥30 million / Ownership ratio T.KAWABE & CO.,LTD. 51%; Katsuno Yachiyo (勝野 八千代; stage name: Cathy Nakajima (キャシー中島)) 49%
Ownership ratioT.KAWABE & CO.,LTD. 51%; Katsuno Yachiyo (勝野 八千代; stage name: Cathy Nakajima (キャシー中島)) 49%
Dispatch of directors and officersDirectors and employees of T.KAWABE & CO.,LTD. are expected to concurrently serve as officers of the company.
Date of board resolution28 July 2026
Alliance start date3 August 2026 (予定)
Impact on Business PerformanceThe impact of this matter on the Company's results for the current fiscal year is expected to be immaterial.
Items this document does not state (12)
Alliance partner's locationAlliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceContract PeriodNumerical targets under the allianceShareholding PolicyContract DateShare Acquisition Date and Payment DateChange 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 develop the business by leveraging licenses for trademarks and other intellectual property rights held or managed by Katsuno Yachiyo (勝野 八千代), and further expand T.KAWABE & CO.,LTD.'s licensing business.

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Notice Regarding the Establishment of a Joint Venture (Equity-Method Affiliate) | T.KAWABE & CO.,LTD. (8123) timely disclosure | Komori