Agreements reached under this partnership
Business alliance- 1
The two companies will jointly promote support for M&A and business succession in the disability welfare sector.
- 2
The alliance will combine WOOOLY's business operation know-how in the disability welfare sector, particularly at Type B employment continuation support facilities, and its hands-on support capabilities for implementing management improvements at welfare operators with the Company's M&A knowledge and execution capabilities.
- 3
By utilizing the Company's strengths, including its network of financial institutions such as regional banks, second-tier regional banks and credit unions, as well as its network of tax accountants and accounting firms, the Company will provide optimal M&A solutions to disability welfare operators facing business succession and management issues.
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
The company expects the impact of this matter on its results for the current fiscal year to be immaterial. If any significant matter requiring disclosure arises in the future, the company will disclose it promptly.
| Item | Details |
|---|---|
| Name of alliance partner | WOOOLY Co., Ltd. |
| Alliance partner's business activities | Operation of Type B employment continuation support facilities and related businesses, including the manufacture and sale of food products associated with the above. |
| Alliance partner's location | Chiyoda-ku, Tokyo |
| Type of alliance | Business alliance |
| Details of the alliance | The two companies will jointly promote support for M&A and business succession in the disability welfare sector., The alliance will combine WOOOLY's business operation know-how in the disability welfare sector, particularly at Type B employment continuation support facilities, and its hands-on support capabilities for implementing management improvements at welfare operators with the Company's M&A knowledge and execution capabilities., By utilizing the Company's strengths, including its network of financial institutions such as regional banks, second-tier regional banks and credit unions, as well as its network of tax accountants and accounting firms, the Company will provide optimal M&A solutions to disability welfare operators facing business succession and management issues. |
| Impact on Business Performance | The company expects the impact of this matter on its results for the current fiscal year to be immaterial. If any significant matter requiring disclosure arises in the future, the company will disclose it promptly. |
Items this document does not state (17)
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 alliance will combine WOOOLY's expertise in the disability welfare sector, business operation know-how, hands-on support capabilities and industry network with the Company's M&A knowledge and execution capabilities, as well as its networks of financial institutions, tax accountants and others, in order to help resolve business succession issues faced by disability welfare operators.