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Business alliance9619ICHINEN HOLDINGS CO.,LTD.Information and Communications, Services and Others

Notice Regarding the Execution of a Joint Venture Agreement for the Establishment of a Joint Venture Company in Bangladesh

Ichinen Holdings has entered into a joint venture agreement with Bangladesh's ACI PLC to establish a joint venture company in Bangladesh. Ichinen Holdings is expected to hold a 40% interest in the joint venture company, with ACI PLC holding 60%.

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Agreements reached under this partnership

Joint venture
9619ICHINEN HOLDINGS CO.,LTD.
Alliance partnerAdvanced Chemical Industries PLC
Details of the alliance
  1. 1

    Establishment of a joint venture company in Bangladesh

  2. 2

    Creation of new business opportunities in both Bangladesh and Japan

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

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).

40.00%Our ownership stake in the partner’s shares
Shareholding ratio Planned ownership ratio: イチネンホールディングス 40% and ACI PLC 60%
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 ventureThe name, location, business activities and capital contribution have not been determined or disclosed. The planned ownership ratio is 40% for Ichinen Holdings and 60% for ACI PLC. Further details are expected to be announced after completion of the procedures for establishing the joint venture company.
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 Date29 September 2026Alliance start dateExpected to commence after completion of the procedures for establishing the joint venture company; the specific date is Not disclosed
Agreements reached under this partnership
ItemDetails
Name of alliance partnerAdvanced Chemical Industries PLC
Alliance partner's business activitiesPharmaceuticals, consumer goods, agriculture-related businesses, automotive and agricultural machinery businesses, and retail
Alliance partner's locationDhaka, the People’s Republic of Bangladesh
Alliance partner's capital878,318,430 taka
Type of allianceJoint venture
Details of the allianceEstablishment of a joint venture company in Bangladesh, Creation of new business opportunities in both Bangladesh and Japan
Shareholding ratioNot disclosed → Planned ownership ratio: イチネンホールディングス 40% and ACI PLC 60%
Overview of the joint ventureThe name, location, business activities and capital contribution have not been determined or disclosed. The planned ownership ratio is 40% for Ichinen Holdings and 60% for ACI PLC. Further details are expected to be announced after completion of the procedures for establishing the joint venture company.
Ownership ratioPlanned ownership ratio: イチネンホールディングス 40% and ACI PLC 60%
Contract Date29 September 2026
Alliance start dateExpected to commence after completion of the procedures for establishing the joint venture company; the specific date is Not disclosed
Items this document does not state (12)
Alliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionShare 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 create new business opportunities in both Bangladesh and Japan. The objective is to leverage the management resources and expertise of both companies to drive the growth of existing businesses, develop new business areas and expand overseas operations.

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Notice Regarding the Execution of a Joint Venture Agreement for the Establishment of a Joint Venture Company in Bangladesh | ICHINEN HOLDINGS CO.,LTD. (9619) timely disclosure | Komori