rYojbaba Co., Ltd. entered into a Comprehensive Agreement on International Labor Support and Union Infrastructure Development with International Labor Union effective October 1, 2025, for total compensation of JPY 500,000,000 (USD $3.2 million). The one-year agreement involves ongoing services with payments deferred and in installments starting after specified milestones by December 31, 2025; no revenue recognized as of that date.
Key takeaways
Agreement effective October 1, 2025, with International Labor Union for JPY 500,000,000 (USD $3.2 million at ¥156.05/USD)
Services include international labor policy advisory, governance restructuring, membership expansion support, and coordination with International Institutions and China Poly Group Corporation
Party A to complete key milestones by December 31, 2025: connections with International Institutions and China Poly, infrastructure for foreign-worker union structure, subsidy-linked financial model, large-scale membership framework
Payments commence end of month following six months after December 31, 2025 completion, in 12 equal monthly installments
One-year term, renewable by mutual agreement
No revenue recognized as of December 31, 2025 per applicable accounting standards