Axel Mark Inc.

3624.T
2026/09/25 17:58 Updated
Market Cap: $36.9M (¥5.8B)
Stock Price: $0.57 (¥89)
Exchange Rate: 1 USD = ¥157.48

Notice of Conclusion of Legal Affairs Support Agreement with Parent Company

Entered into a legal affairs support agreement with parent company Convano. Term: 2026/10/01–2027/09/30; monthly fee: 1,000,000 yen; annual fee: 12,000,000 yen. Aims to unify group-wide policies in response to growth stagnation in the healthcare domain. The contract includes management measures such as independence of the Audit Committee, confidentiality, and quarterly reporting, and has been approved.

Importance:
Page Updated: September 17, 2026
IR Disclosure Date: September 17, 2026

Key Figures

  • Consideration: monthly 1,000,000 yen (annual 12,000,000 yen)
  • Contract period: 2026 October 1 – 2027 September 30
  • Disclosed target: Establishment of group-wide legal and compliance framework

AI要約

Overview of the contract

This news item announces Axel Mark's conclusion of a legal affairs support contract with its parent company Convano. The contract period is one year, with a monthly fee of 1,000,000 yen and an annual fee of 12 million yen (excluding tax). The contract aims to strengthen the group-wide legal and compliance framework, and includes measures such as confidentiality, ensuring independence, and quarterly reporting.

Implications and risk management going forward

The contract is expected to strengthen legal functions and unify information management, but due to ongoing stagnation in the healthcare growth strategy and challenges in rebuilding existing businesses, there may be no immediate short-term impact on finances. However, in FY2027, the G/GA costs are expected to increase by about 12 million yen annually, so future disclosures should be monitored.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Axel Mark Inc.

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