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Business alliance8584JACCS CO.,LTD.Financials (excluding banks)

Notice Regarding the Capital and Business Alliance with Solvvy Co., Ltd.

JACCS has entered into a capital and business alliance agreement with Solvvy, Inc. The companies will jointly develop a platform for home renovations and collaborate on guarantee services, and JACCS will acquire 414,000 treasury shares of Solvvy.

Worth reading
65In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
3.45
% (percentage of total issued common shares acquired)
Wording
Definitive
How definitive the wording is.

Agreements reached under this partnership

Capital and Business Alliance
8584JACCS CO.,LTD.
Alliance partnerSolvvy, Inc.
Details of the alliance
  1. 1

    Joint development of a platform to support the digital transformation of the housing industry

  2. 2

    Collaboration in new business areas, including guarantee services

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).

3.63%Our ownership stake in the partner’s shares
Shareholding ratio 3.63% (percentage of voting rights held)
Number of shares acquired414,000 shares (3.45% of total issued common shares)
Acquisition price¥597,816,000
About the partner
Business DescriptionHomeworthTech business, ExtendTech business, LifeTech business, FinTech business and other businesses
LocationShinjuku-ku, Tokyo
Share capital¥212 million
Net Sales¥7,679 million (fiscal year ended June 2026)
Operating profit¥1,860 million (fiscal year ended June 2026)
Impact on Business Performance

The impact on consolidated results for the current fiscal year will be immaterial.

Contract Date15 September 2026Share Acquisition Date and Payment Date5 October 2026 (予定)
Agreements reached under this partnership
ItemDetails
Name of alliance partnerSolvvy, Inc.
Alliance partner's business activitiesHomeworthTech business, ExtendTech business, LifeTech business, FinTech business and other businesses
Alliance partner's locationShinjuku-ku, Tokyo
Alliance partner's capital¥212 million
Alliance partner's net sales¥7,679 million (fiscal year ended June 2026)
Alliance partner's operating income¥1,860 million (fiscal year ended June 2026)
Type of allianceCapital and Business Alliance
Details of the allianceJoint development of a platform to support the digital transformation of the housing industry, Collaboration in new business areas, including guarantee services
Number of shares acquired414,000 shares (3.45% of total issued common shares)
Acquisition price¥597,816,000
Shareholding ratio0% (voting rights ownership) → 3.63% (percentage of voting rights held)
Contract Date15 September 2026
Share Acquisition Date and Payment Date5 October 2026 (予定)
Impact on Business PerformanceThe impact on consolidated results for the current fiscal year will be immaterial.
Items this document does not state (9)
Overview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionAlliance start 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.

The purpose is to leverage the strengths of both companies to jointly develop a platform for the home renovation sector and provide guarantee services, thereby delivering new value to member stores and expanding the housing-related business.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Capital and Business Alliance with Solvvy Co., Ltd. | JACCS CO.,LTD. (8584) timely disclosure | Komori