Komori
Business alliance8518Japan Asia Investment Company,LimitedFinancials (excluding banks)

Execution of an Investment in 株式会社スマイルーリンク by おみやげファンド1号 (Fund No. 1), a Fund Managed by Our Wholly Owned Subsidiary, 株式会社おみやげカンパニーHD

The Company acquired all shares of 株式会社スマイルーリンク through a fund managed by its wholly owned subsidiary. Going forward, the Company will support the development of internal management systems, recruitment, and the expansion of retail stores, while also promoting business collaboration with タカチホ.

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Agreements reached under this partnership

8518Japan Asia Investment Company,Limited
Alliance partner株式会社スマイルーリンク
Details of the alliance
  1. 1

    Development of the internal management systems identified as an issue for the company

  2. 2

    Recruitment of new personnel

  3. 3

    Expansion of retail stores

  4. 4

    Improvement of sales efficiency

  5. 5

    Promotion of business collaboration and related initiatives between 株式会社スマイルーリンク and タカチホ

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).

100.00%Our ownership stake in the partner’s shares
Number of shares acquiredAll shares (100% of total issued shares)
Dispatch of directors and officersFor the time being, Saito (斎藤), the president, is expected to continue providing support in management and sales.
Shareholding PolicyAfter the target company achieves a certain level of corporate growth, OCHD is expected to acquire the target company's capital itself, with a view to achieving further development.
About the partner
Business DescriptionPlanning, wholesale and retail of souvenirs
LocationToyohashi, Aichi Prefecture
Share capital¥10 million
Impact on Business Performance

Although we believe this transaction will contribute to improving the Company's performance and corporate value over the medium to long term, based on the assumptions currently available, its impact on the Company's consolidated performance for the time being is expected to be minor.

Agreements reached under this partnership
ItemDetails
Name of alliance partner株式会社スマイルーリンク
Alliance partner's business activitiesPlanning, wholesale and retail of souvenirs
Alliance partner's locationToyohashi, Aichi Prefecture
Alliance partner's capital¥10 million
Details of the allianceDevelopment of the internal management systems identified as an issue for the company, Recruitment of new personnel, Expansion of retail stores, Improvement of sales efficiency, Promotion of business collaboration and related initiatives between 株式会社スマイルーリンク and タカチホ
Number of shares acquiredAll shares (100% of total issued shares)
Shareholding ratioNot disclosed → 100%
Dispatch of directors and officersFor the time being, Saito (斎藤), the president, is expected to continue providing support in management and sales.
Shareholding PolicyAfter the target company achieves a certain level of corporate growth, OCHD is expected to acquire the target company's capital itself, with a view to achieving further development.
Impact on Business PerformanceAlthough we believe this transaction will contribute to improving the Company's performance and corporate value over the medium to long term, based on the assumptions currently available, its impact on the Company's consolidated performance for the time being is expected to be minor.
Items this document does not state (13)
Alliance partner's net salesAlliance partner's operating incomeType of allianceAcquisition priceOverview of the joint ventureOwnership ratioContract PeriodNumerical targets under the allianceDate of board resolutionContract DateAlliance start 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.

株式会社スマイルーリンク was considering business succession to a third party in order to strengthen its business base for its next stage of growth. OMF1号 was selected because it was considered capable of developing next-generation personnel without damaging relationships with business partners.

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Execution of an Investment in 株式会社スマイルーリンク by おみやげファンド1号 (Fund No. 1), a Fund Managed by Our Wholly Owned Subsidiary, 株式会社おみやげカンパニーHD | Japan Asia Investment Company,Limited (8518) timely disclosure | Komori