Worth reading
45Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
40
Ownership ratio in the joint venture (%)Wording
Avoiding a definitive answer
How definitive the wording is.Agreements reached under this partnership
Joint venture9619ICHINEN HOLDINGS CO.,LTD.
Alliance partnerAdvanced Chemical Industries PLC
Capital and personnel relationships
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).
Ownership ratioPlanned ownership ratio: イチネンホールディングス 40% and ACI PLC 60%
Overview of the joint ventureName, location, business activities and capital contribution: Not disclosed. Planned ownership ratio: イチネンホールディングス 40% and ACI PLC 60%.
About the partner
Business DescriptionPharmaceuticals, consumer goods, agriculture-related businesses, automotive and agricultural machinery businesses, and retail
LocationDhaka, the People’s Republic of Bangladesh
Share capital878,318,430 taka
Contract Date23 June 2026
| Item | Details |
|---|---|
| Name of alliance partner | Advanced Chemical Industries PLC |
| Alliance partner's business activities | Pharmaceuticals, consumer goods, agriculture-related businesses, automotive and agricultural machinery businesses, and retail |
| Alliance partner's location | Dhaka, the People’s Republic of Bangladesh |
| Alliance partner's capital | 878,318,430 taka |
| Type of alliance | Joint venture |
| Overview of the joint venture | Name, location, business activities and capital contribution: Not disclosed. Planned ownership ratio: イチネンホールディングス 40% and ACI PLC 60%. |
| Ownership ratio | Planned ownership ratio: イチネンホールディングス 40% and ACI PLC 60% |
| Contract Date | 23 June 2026 |
Items this document does not state (15)
Alliance partner's net salesAlliance partner's operating incomeDetails of the allianceNumber of shares acquiredAcquisition priceShareholding ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionAlliance start dateShare Acquisition Date and Payment DateImpact on Business PerformanceChange in major shareholders
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 pursue the Group’s growth strategy by developing new business areas and expanding its overseas operations. By working with ACI PLC, which has an operating base and extensive network in Bangladesh, the two companies aim to create new business opportunities in Bangladesh and Japan by utilizing their respective management resources and expertise.
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