Agreements reached under this partnership
Joint venture- 1
Propose and sell AIT's security cameras to real estate companies, including property management companies, developers and homebuilders, as well as hotels, commercial facilities, hospitals, nursing care facilities and other customers.
- 2
Through the sale of AIT's security cameras, also undertake and sell the TIGEREYE Co., Ltd. Face Pass series.
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
The target is to become Japan's leading manufacturer of AI security cameras. The timing for achieving this target is Not disclosed.
This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).
The transaction is expected to contribute to improved performance for the Company’s corporate group over the medium to long term. At present, however, its impact on performance for the fiscal year ending October 2026 is expected to be minor.
| Item | Details |
|---|---|
| Name of alliance partner | AI TECHNOLOGY 株式会社 |
| Alliance partner's business activities | Development, manufacture and sale of sensors and electronic equipment, Development, manufacture and sale of surveillance cameras and image-processing systems, Development of software and systems, Surface treatment and precious-metal plating, Manufacture and sale of various precision machinery, Manufacture and sale of various jigs, tools and dies, Manufacture and sale of machinery and equipment for civil engineering and construction, Import and export of the goods listed above, Real estate leasing, Execution and contracting of construction and civil engineering work, Businesses incidental to the foregoing |
| Alliance partner's location | Minato-ku, Tokyo |
| Alliance partner's capital | ¥98 million |
| Type of alliance | Joint venture |
| Details of the alliance | Propose and sell AIT's security cameras to real estate companies, including property management companies, developers and homebuilders, as well as hotels, commercial facilities, hospitals, nursing care facilities and other customers., Through the sale of AIT's security cameras, also undertake and sell the TIGEREYE Co., Ltd. Face Pass series. |
| Shareholding ratio | Not disclosed → The Company 50.0%; AI TECHNOLOGY Co., Ltd. 50.0% |
| Overview of the joint venture | Name DogEye Co., Ltd. / Location 3-3-1 Nishiazabu, Minato-ku, Tokyo / Business Description Sale of surveillance cameras and image-processing systems, Businesses incidental to the foregoing / Capital Contributions ¥1 million / Ownership ratio The Company 50.0%; AI TECHNOLOGY Co., Ltd. 50.0% |
| Ownership ratio | The Company 50.0%; AI TECHNOLOGY Co., Ltd. 50.0% |
| Dispatch of directors and officers | One representative director is expected to serve concurrently. |
| Numerical targets under the alliance | The target is to become Japan's leading manufacturer of AI security cameras. The timing for achieving this target is Not disclosed. |
| Date of board resolution | 21 July 2026 |
| Contract Date | 21 July 2026 |
| Alliance start date | Early August 2026 (scheduled) |
| Impact on Business Performance | The transaction is expected to contribute to improved performance for the Company’s corporate group over the medium to long term. At present, however, its impact on performance for the fiscal year ending October 2026 is expected to be minor. |
Items this document does not state (8)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To propose and sell AI TECHNOLOGY's security cameras to real estate companies, developers, homebuilders, hotels, commercial facilities, hospitals, nursing care facilities and other customers, thereby contributing to improved performance for the Company’s corporate group over the medium to long term.