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Business alliance9029HIGASHI HOLDINGS CO.,LTD.Transportation and Logistics

Notice Regarding a Business Partnership

HIGASHI TWENTY ONE CO., LTD. has entered into a business partnership to establish a PC kitting center in western Japan for SMFL Rental Co., Ltd. and provide kitting and transportation services. The two groups will also consider using each other's services in areas including finance, real estate and renewable energy, as well as developing joint businesses in the future.

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Agreements reached under this partnership

Business alliance
9029HIGASHI HOLDINGS CO.,LTD.
Alliance partnerSumitomo Mitsui Finance & Leasing Co., Ltd. / SMFL Rental Co., Ltd.
Details of the alliance
  1. 1

    Establishment of a dedicated facility and provision of PC kitting and other services

  2. 2

    Utilization of services provided by the SMFL Group

  3. 3

    Consideration of potential collaboration between the HIGASHI Group and the SMFL Group

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 Description1. Domestic leasing business 2. Global environmental business 3. Real estate business 4. Transportation business 5. International business, etc. / • Leasing and rental, sales, implementation support and maintenance of IT equipment • Leasing and rental, sales and maintenance of electronic measuring instruments • Leasing of industrial machine tools, transportation equipment and other machinery and equipment • All other related businesses
LocationChiyoda-ku, Tokyo / Chiyoda-ku, Tokyo
Share capital¥50.0 billion / ¥499.875 million
Net Sales¥2,209,133 million (fiscal year ended March 2025) / ¥33,846 million (fiscal year ended March 2025)
Operating profit¥171,427 million (fiscal year ended March 2025) / ¥2,709 million (fiscal year ended March 2025)
Impact on Business Performance

The impact of this business partnership on consolidated results is expected to be immaterial.

Contract Date17 March 2026Alliance start date17 March 2026
Agreements reached under this partnership
ItemDetails
Name of alliance partnerSumitomo Mitsui Finance & Leasing Co., Ltd., SMFL Rental Co., Ltd.
Alliance partner's business activities1. Domestic leasing business 2. Global environmental business 3. Real estate business 4. Transportation business 5. International business, etc., • Leasing and rental, sales, implementation support and maintenance of IT equipment • Leasing and rental, sales and maintenance of electronic measuring instruments • Leasing of industrial machine tools, transportation equipment and other machinery and equipment • All other related businesses
Alliance partner's locationChiyoda-ku, Tokyo, Chiyoda-ku, Tokyo
Alliance partner's capital¥50.0 billion, ¥499.875 million
Alliance partner's net sales¥2,209,133 million (fiscal year ended March 2025), ¥33,846 million (fiscal year ended March 2025)
Alliance partner's operating income¥171,427 million (fiscal year ended March 2025), ¥2,709 million (fiscal year ended March 2025)
Type of allianceBusiness alliance
Details of the allianceEstablishment of a dedicated facility and provision of PC kitting and other services, Utilization of services provided by the SMFL Group, Consideration of potential collaboration between the HIGASHI Group and the SMFL Group
Contract Date17 March 2026
Alliance start date17 March 2026
Impact on Business PerformanceThe impact of this business partnership on consolidated results is expected to be immaterial.
Items this document does not state (12)
Number of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionShare 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.

HIGASHI TWENTY ONE CO., LTD. will expand its provision of IT equipment kitting services to a broad range of customers by leveraging the customer base and network of Sumitomo Mitsui Finance & Leasing Co., Ltd. SMFL Rental Co., Ltd. aims to meet the needs of more customers by utilizing the HIGASHI Group's kitting and transportation services.

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Notice Regarding a Business Partnership | HIGASHI HOLDINGS CO.,LTD. (9029) timely disclosure | Komori