Agreements reached under this partnership
Termination of the capital and business alliance- 1
The agreement between the two companies concerning the business alliance will terminate as of the date of dissolution.
- 2
With respect to the eREX shares held by JFE Engineering, the companies have confirmed that the policy is to consider the timing and method of handling the shares, taking into account the impact on the share price and market supply and demand.
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 matter on eREX’s financial results is expected to be minor.
| Item | Details |
|---|---|
| Name of alliance partner | JFE Engineering Corporation |
| Type of alliance | Termination of the capital and business alliance |
| Details of the alliance | The agreement between the two companies concerning the business alliance will terminate as of the date of dissolution., With respect to the eREX shares held by JFE Engineering, the companies have confirmed that the policy is to consider the timing and method of handling the shares, taking into account the impact on the share price and market supply and demand. |
| Contract Period | The agreement between the two companies concerning the business alliance will terminate as of the date of dissolution |
| Shareholding Policy | The policy is to consider the timing and method of handling the eREX shares held by JFE Engineering, taking into account the impact on the share price and market supply and demand |
| Date of board resolution | 12 May 2026 |
| Contract Date | 10 May 2024 |
| Impact on Business Performance | The impact of this matter on eREX’s financial results is expected to be minor. |
Items this document does not state (15)
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.Following discussions in light of changes in the business environment and the evolution of both companies’ management strategies, the companies determined that they had achieved the initially anticipated objectives of the collaboration to a certain extent and that conducting business activities independently would contribute to enhancing their respective corporate values.