Charion Signs Agreement for Capital Alliance and Joint Venture Establishment with INGENS GLOBUS Co., Ltd., a Subsidiary of Thailand's CP Group

Charion Co., Ltd. (Headquarters: Minato-ku, Tokyo; Representative Director: Teppei Tsunoda), which develops cutting-edge dental oral care products and services, is pleased to announce that it has reached an agreement for a capital alliance and the establishment of a joint venture with INGENS GLOBUS Co., Ltd., a subsidiary of Charoen Pokphand Group (hereinafter referred to as "CP Group"). A signing ceremony for the formal agreement was held on February 17, 2026.

About the New Company

The newly established local subsidiary, CHARION Global, will operate as a joint venture between Charion Co., Ltd. (49% stake) and INGENS GLOBUS Co., Ltd. (51% stake).

Its headquarters will be located at C.P. Tower (Address: 313 C.P. Tower, Silom Road, Silom Sub-district, Bangrak District, Bangkok, 10500 Thailand), serving as the base for business operations in the Thai market and driving the expansion of local services.

Moving forward, the company plans to establish a business foundation in Thailand and then consider future business development based on its progress.

Through this partnership, by organically integrating the management resources, business know-how, and local networks of both companies, we aim to create new businesses that meet market needs, establish competitive advantages, and achieve sustainable, mid-to-long-term growth.

Background of This Partnership

To date, our company has primarily developed its business in the oral care field within Japan.

Meanwhile, INGENS GLOBUS Co., Ltd., as a subsidiary of the CP Group, is promoting new business development, particularly in the digital domain, leveraging the business foundation and network that the CP Group possesses within Thailand.

This partnership aims to develop a new oral care business in the Thai market by combining our company's expertise in product and service development in the oral care field with INGENS GLOBUS Co., Ltd.'s business development capabilities and network in the Thai market.

We concluded that establishing a collaborative structure where both companies mutually complement each other's strengths would lead to future business growth and mid-to-long-term enhancement of corporate value, leading to this partnership.

Objectives of Establishing the Joint Venture

The main objectives of this joint venture are as follows:

Joint development and deployment of new businesses in the Asian market

Creation of added value by utilizing the technologies, know-how, and networks of both companies

Mid-to-long-term business growth and strengthening of competitiveness

About the Signing Ceremony

Date: February 17, 2026

Content: Signing of the formal agreement for capital alliance and joint venture establishment

Future Outlook

Moving forward, through the joint venture, we will build a system for the full-scale development of the oral care business in the Thai market and strive to provide services rooted in the local market, taking into account market trends and business progress.

Through this partnership, our company aims to create new oral care experiences in the Thai market and endeavors to achieve sustainable growth and enhance corporate value.

Company Overview

Company Name: Charion Co., Ltd.

Representative: Teppei Tsunoda, Representative Director

Headquarters: 4F BPR Place Kamiya-cho, 1-11-9 Azabudai, Minato-ku, Tokyo, 106-0041

Business Activities: Development and sales of oral care (Bishikou series) products, media business, Whitening Net

Homepage: https://charion.co.jp/