TOKYO, May 14 (Pulse News Wire) – TriIs Incorporated (4840.T) resolved today to transfer trademark rights associated with its fashion brand “CLATHAS” to Fangry Co., Ltd. The transfer, which was approved during a board meeting held on May 14, 2026, is expected to result in special gains due to the sale price of ¥150 million.
The decision follows several rounds of discussions aimed at enhancing brand strategy and digital marketing efforts. Under the agreement, TriIs will focus on acquiring new sales channels while Fangry Co., Ltd. will create digital content and support licensees. The transaction includes all domestic and international trademarks related to the CLATHAS brand. The final sale price was determined based on a valuation report conducted by experts designated by Fangry Co., Ltd., along with mutual agreement on various conditions. Fangry Co., Ltd., headquartered in Tokyo, Shibuya Ku Minami Hiradaimatsu, specializes in content marketing, brand creation, and platform services.
It has a capital of ¥20 million and was established in October 2020. As part of the deal, all existing licensing agreements tied to the CLATHAS brand will also be transferred to Fangry Co., Ltd., leading to a reduction in anticipated revenue from licensing fees. The trademark transfer is scheduled to take place on June 30, 2026, with the contract set to be finalized on May 15, 2026. Following the transfer, TriIs anticipates recognizing a gain of ¥145 million as a special profit. The company has revised its mid-year and full-year performance forecasts accordingly, reflecting the impact of the reduced licensing revenues. Details of the revised forecasts are available in separate disclosures released on the same day.
TriIs will promptly update stakeholders should there be any further developments affecting the forecast.
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