Basic Agreement on Business Alliance and Share Acquisition with TOYO SECURITIES CO.,LTD.
First written in FY2025-H1. 1 of 2 entries say "Advanced", first in FY2025. Latest entry: FY2025.
3 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「The group expects to expand its distribution channels for financial products and the scope of its customer services by leveraging TOYO SECURITIES CO.,LTD.'s customer base and securities functions. TOYO SECURITIES CO.,LTD. can also provide new services by leveraging the group's financial products and fund formation resources, creating new revenue opportunities. Accordingly, the company signed a basic agreement on a business alliance with TOYO SECURITIES CO.,LTD. dated 12 February 2025 and a memorandum of understanding concerning the business alliance dated 8 May 2025.」
Following the basic agreement on a business alliance with TOYO SECURITIES CO.,LTD., the company signed a formal memorandum of understanding in May 2025. It detailed a framework for cooperation in the sale of financial products, product formation and introductions to potential M&A targets, and also described an increase in sales of fractionalized real estate products. - FY2025-H1First statedAnnual report
「This resulted from a ¥432 million increase in investment securities due to the acquisition of shares in TOYO SECURITIES CO.,LTD., with which the company signed a basic agreement on a business alliance in February 2025.」
Against the backdrop of the basic agreement on a business alliance with TOYO SECURITIES CO.,LTD., the company acquired shares, increasing investment securities by ¥432 million.