Agreements reached under this partnership
Establishment of a joint venture- 1
Provide innovative designs featuring renowned architects and interior designers from around the world
- 2
Provide a changing environment and an out-of-this-world UX using large LED displays covering entire walls
- 3
Establish a business platform for design and construction management in the UAE’s luxury residential, hotel and resort development markets
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
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).
| Item | Details |
|---|---|
| Name of alliance partner | HOMMA Group株式会社 |
| Alliance partner's business activities | Development and provision of the built-in smart-home system “Built-in Intelligence” for luxury properties, and the design, sale and maintenance of integrated residential systems, including lighting, air conditioning, blinds and security systems |
| Alliance partner's location | Chuo-ku, Tokyo |
| Alliance partner's capital | ¥268,176,674 |
| Type of alliance | Establishment of a joint venture |
| Details of the alliance | Provide innovative designs featuring renowned architects and interior designers from around the world, Provide a changing environment and an out-of-this-world UX using large LED displays covering entire walls, Establish a business platform for design and construction management in the UAE’s luxury residential, hotel and resort development markets |
| Overview of the joint venture | Name KLab HOMMA Living Innovation Middle East / Location Dubai, United Arab Emirates / Business Description Design and sale of smart-home systems, construction management, and import and supply of related materials / Capital Contributions 100,000 UAE dirhams (equivalent to approximately ¥4 million) / Ownership ratio KLab Inc. 51% / HOMMA Group株式会社 49% |
| Ownership ratio | KLab Inc. 51% / HOMMA Group株式会社 49% |
| Date of board resolution | 16 July 2026 |
| Alliance start date | July 2026 (scheduled) |
Items this document does not state (13)
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 combine KLab’s local network with HOMMA’s technology and products and establish a business platform for design and construction management in the UAE’s luxury residential, hotel and resort development markets.