Agreements reached under this partnership
Capital and Business Alliance- 1
The Company will leverage SNC's technology and brand strength in its NURO Hikari fiber-optic broadband service to offer 3 service brands addressing the diverse needs of the multi-unit housing market.
- 2
By offering plans tailored to the condition of each property and the respective needs of residents and property owners, the Company will be able to reach a broader range of properties and residents than before and expand the number of units eligible for service.
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
Further expansion of the number of units eligible for service (no target date stated)
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 matter on the Company's consolidated results for the fiscal year ending June 2027 will be immaterial.
| Item | Details |
|---|---|
| Name of alliance partner | Sony Network Communications Inc. |
| Alliance partner's business activities | Telecommunications, IoT, AI and solutions services |
| Alliance partner's location | 1-7-1 Konan, Minato-ku, Tokyo |
| Alliance partner's capital | ¥7,969 million |
| Type of alliance | Capital and Business Alliance |
| Details of the alliance | The Company will leverage SNC's technology and brand strength in its NURO Hikari fiber-optic broadband service to offer 3 service brands addressing the diverse needs of the multi-unit housing market., By offering plans tailored to the condition of each property and the respective needs of residents and property owners, the Company will be able to reach a broader range of properties and residents than before and expand the number of units eligible for service. |
| Acquisition price | Going private |
| Shareholding ratio | Not disclosed → Less than 1% |
| Numerical targets under the alliance | Further expansion of the number of units eligible for service (no target date stated) |
| Contract Date | 21 August 2026 |
| Alliance start date | 1 September 2026 (scheduled launch date for the new services) |
| Impact on Business Performance | The impact of this matter on the Company's consolidated results for the fiscal year ending June 2027 will be immaterial. |
Items this document does not state (11)
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 further strengthen the relationship between the two companies and accelerate business growth over the medium to long term. The alliance will also address the growing number of residents and property owners seeking fast, stable communications quality, while enabling the companies to reach a broader range of properties and residents and expand the number of units eligible for service.