VALOR HOLDINGS CO.,LTD. [9956.T]
TOKYO, Jun 30 (Pulse News Wire) – Valor Holdings CO.,LTD. (9956.NG) announced today that it has entered into a capital business alliance agreement with Konan Shoji Co., Ltd.
The agreement was approved during a board meeting held. Under the deal, Konan Shoji will acquire approximately ¥3 billion worth of VALOR HOLDINGS shares through ToSTNet-1, while VALOR HOLDINGS will obtain 719,400 shares of Konan Shoji for approximately ¥3 billion. The companies aim to enhance their strategic partnership by collaborating on various initiatives, including mutual supply of private brand products, joint expansion efforts in key regions such as the Kansai and Kantō areas, and shared research in logistics operations and store development. Additionally, the two firms plan to jointly operate Aranza Holdings, a subsidiary of VALOR HOLDINGS, to strengthen their relationship and boost overall corporate value.
Konan Shoji, headquartered in Osaka, Osaka Shi, operates home centers and construction-related retail businesses. As of February 28, 2026, major shareholders included the Japan Trustee Services Bank (Trust Account) with a holding ratio of 4.25%, followed by Iris Ooyama Kabushiki Kaisha with 3.78%. This alliance marks a significant step towards accelerating growth strategies for both VALOR HOLDINGS and Konan Shoji, aligning their strengths to navigate evolving market conditions and competitive challenges. Further details on the impact on fiscal year 2027 performance will be disclosed once analyzed.
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