Robot Home : Notice for the Commencement of a new business
August 12, 2021 at 02:11 am EDT
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August 12, 2021
Company name:
Robot Home, Inc.
Representative:
Daisaku Furuki, Representative Director/CEO
(Stock exchange code: 1435, TSE First Section)
Contact:
Shinji Yasui, Executive Officer/CFO
(Phone: +81-3-6447-0651)
Notice for the Commencement of a new business
Robot Home, Inc. (the "Company") hereby announces that, at the meeting on the August 12, 2021 the board of directors have decided on the commencement of the real estate investment market place「income club」as our new business.
Objective for the commencement of the new business
We want to apply our advantage in the field of development and application of a variety of different real estate x IT products to this new business.
The expansion of the performance of this「income club」business can, together with our IoT service Residence kit introduction consultation, commissioned property management, real estate development consultation etc. synergize all the corporate business as a whole, and is expected to contribute to the improvement our medium- to long-term corporate value.
Outline of the new business
The Company's new business "income club" is a marketplace for real estate investment, which matches investors who wish to buy real estate for investment purposes with agents who wish to sell. The service allows users to browse, consider, and purchase investment purpose real estate developed by voluntary chain members. To further reinvigorate the real estate investment market through income club, we will build a new marketplace by taking advantage of our technology and the network of members.
Expected sum of extra expenditure for the new business
There is no expected extra expenditure for this new business at this point.
IV. Expected commencement date of the new business 27th August 2021
Prospects
Although it is expected to have little effect on the performance of the current term, it is expected to ultimately contribute to the improvement of the performance in the long term.
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TATERU Inc. published this content on 12 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2021 06:10:09 UTC.
robot home Inc, formerly Robot Home Inc, is a Japan-based company mainly engaged in the provision of services in the real estate field through digital transformation (DX) that utilizes cutting-edge technologies such as artificial intelligence (AI) and Internet of Things (IoT). The Company operates through two business segments. The AI and IoT business is engaged in the development, operation, and provision of services for robot home, an IoT platform for rental housing that aims to automate real estate management. The Robot Home business operates on the real estate investment marketplace income club, allows members to view, consider, and purchase investment real estate, and by utilizing the rental housing automation platform robot home. The business provides insurance services such as streamlined performance management (PM) services and rent guarantees, and conducts businesses related to maintenance fields.