Agreements reached under this partnership
Capital and Business Alliance- 1
Collaboration and cooperation in businesses aimed at promoting decarbonization and increasing the recycling rate for waste, including waste plastic
- 2
Collaboration and cooperation aimed at enabling TRE and MMP to enter new businesses and fields
- 3
Other collaboration and cooperation in fields where the business expertise, infrastructure and other resources of both parties can be utilized
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
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).
The impact of this transaction on the Company's results for the current fiscal year is expected to be immaterial.
| Item | Details |
|---|---|
| Name of alliance partner | エム・エム・プラスチック株式会社 |
| Alliance partner's business activities | As a recycling operator registered with the Japan Containers and Packaging Recycling Association, a public interest incorporated foundation, the company converts plastic containers and packaging discarded by households back into plastic raw materials, then manufactures and sells high-quality logistics pallets (MMP Pallets) using proprietary technology and recycled plastic raw materials. |
| Alliance partner's location | Futtsu, Chiba Prefecture |
| Type of alliance | Capital and Business Alliance |
| Details of the alliance | Collaboration and cooperation in businesses aimed at promoting decarbonization and increasing the recycling rate for waste, including waste plastic, Collaboration and cooperation aimed at enabling TRE and MMP to enter new businesses and fields, Other collaboration and cooperation in fields where the business expertise, infrastructure and other resources of both parties can be utilized |
| Number of shares acquired | The number of shares that will result in an ownership interest of at least 15% of the total number of issued shares carrying voting rights after the subscription |
| Shareholding ratio | Not disclosed → 15% or higher |
| Dispatch of directors and officers | TRE plans to appoint 1 director to MMP and make MMP an equity-method affiliate. |
| Contract Date | 9 April 2026 |
| Impact on Business Performance | The impact of this transaction on the Company's results for the current fiscal year is expected to be immaterial. |
Items this document does not state (13)
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.To promote decarbonization, increase the recycling rate for waste, and enhance corporate value through collaboration and cooperation between the two companies.