Agreements reached under this partnership
Termination of the capital and business alliance- 1
Collaboration in the education sector
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 on consolidated results is expected to be minor
| Item | Details |
|---|---|
| Name of alliance partner | SHINGAKUKAI HOLDINGS CO.,LTD. |
| Alliance partner's business activities | Ongoing classes at cram schools, preparatory courses, administration of publicly available mock examinations, development and sales promotion of educational computer software, operation of sports clubs, and Other |
| Alliance partner's location | Shiroishi-ku, Sapporo |
| Alliance partner's capital | ¥3,984 million |
| Alliance partner's net sales | ¥6,245 million (fiscal year ended March 2025) |
| Alliance partner's operating income | ¥439 million operating loss (fiscal year ended March 2025) |
| Type of alliance | Termination of the capital and business alliance |
| Details of the alliance | Collaboration in the education sector |
| Shareholding ratio | 学研ホールディングス: 1,191,300 shares of common stock of SHINGAKUKAI HD, 5.95% / SHINGAKUKAI HD: 467,000 shares of common stock of 学研HD, 1.05% → The shares will be sold on the market and the capital relationship will be terminated |
| Dispatch of directors and officers | No applicable personnel relationship |
| Shareholding Policy | The shares will be held for investment purposes until the sales are completed. They will be sold on the market, and the capital relationship will be terminated. |
| Date of board resolution | 27 March 2026 |
| Contract Date | 2 October 2017 (date the capital and business alliance agreement was executed) |
| Alliance start date | 2 October 2017 |
| Impact on Business Performance | The impact on consolidated results is expected to be minor |
Items this document does not state (8)
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 companies determined that the capital and business alliance had fulfilled a certain role, based on changes in the business environment and the direction of their respective management strategies. They state that operating their businesses independently going forward will contribute to enhancing the corporate value of both companies.