DREAM VISION CO.,LTD. [3185.T]
TOKYO, May 14 (Pulse News Wire) – Dream Vision CO.,LTD. (3185.T) announced today that its board of directors approved a management support agreement with parent company RIZAP Group for the fiscal year ending March 31, 2027.
Under the agreement, Dream Vision will pay a total of ¥10.8 million annually, consisting of a fixed amount of 900 thousand yen per month and a variable portion based on asset size, revenue, and operating profit. The agreement includes comprehensive operational support and executive dispatch fees. Notably, the fixed monthly fee was reduced from the previous year's rate due to anticipated losses in the fiscal year ending March 31, 2027.
The calculation method takes into account the group companies' assets, projected revenues, and operating profits, ensuring fair distribution among member firms. Dream Vision emphasized that the revised contract reflects careful consideration of the company’s financial situation and future growth prospects. The agreement maintains stability in the ongoing management support structure while aligning costs with expected performance metrics.
This arrangement ensures continued access to strategic resources and expertise from RIZAP Group, crucial for enhancing operational efficiency and competitiveness amid challenging economic conditions.
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