Komori
Other Disclosures3691DIGITAL PLUS,Inc.Information and Communications, Services and Others

Support for benefits of ¥5,500 per household to approximately 2.82 million households, totaling approximately ¥15 billion, under the Hokkaido Government’s emergency economic measures addressing rising prices

Digital Gift® from our group has been adopted as an exchange option in Hokkaido’s benefit program addressing higher prices, under which approximately 2.82 million households will receive ¥5,500 per household.

Worth reading
73In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
150
Billions of yen
Wording
Avoiding a definitive answer
How definitive the wording is.

Announced details

Digital Gift®Hokkaido AppHokkaido Resident Points
Applicable field (uses covered by this announcement)

Municipal benefits addressing higher prices and the digitization of benefit payments

What the company reported numerically
Quantitative Effects

Efficiency and speed improvements, greater convenience and a reduced operational burden are expected, but specific figures for the effects are not disclosed.

Usage history

Approximately 2.82 million eligible households, ¥5,500 per household

Relationship between the counterparty and the company
DIGITAL PLUS,Inc.3691
Relationship with the Company

Our group participates as a partner company in the commissioned consortium and, in coordination with the Hokkaido App provided by ポケットサイン株式会社, supplies Digital Gift® as an exchange option for Hokkaido Resident Points.

CounterpartyHokkaido Governmentポケットサイン株式会社

ポケットサイン株式会社 is headquartered in Shinjuku-ku, Tokyo, and its representative director is Umemoto Koji (梅本滉嗣). The company provides the Hokkaido App. No information is provided on the Hokkaido Government’s location, representative or business activities.

Registration number and expiry date

Hokkaido Local Finance Bureau Director, Type II Funds Transfer Business No. 00003 (株式会社デジタルフィンテック)

Location (as indicated in this announcement)

Hokkaido is the location of the Hokkaido App and the benefit program. 株式会社デジタルフィンテック’s address: 8-1-8 Odori-nishi, Chuo-ku, Sapporo, Hokkaido

Approximately 2.82 million households
Impact on Business Performance

The gross margin on transaction value in the benefit payment business is limited by its nature, given the high degree of public interest. Depending on the exchange ratio for Digital Gift®, transaction value and the gross margin on transaction value may improve versus forecasts, but given the high level of uncertainty, the earnings forecast will not be revised.

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredDigital Gift®, Hokkaido App, Hokkaido Resident Points
CounterpartyHokkaido Government, ポケットサイン株式会社
Counterparty overviewポケットサイン株式会社 is headquartered in Shinjuku-ku, Tokyo, and its representative director is Umemoto Koji (梅本滉嗣). The company provides the Hokkaido App. No information is provided on the Hokkaido Government’s location, representative or business activities.
Relationship with the CompanyOur group participates as a partner company in the commissioned consortium and, in coordination with the Hokkaido App provided by ポケットサイン株式会社, supplies Digital Gift® as an exchange option for Hokkaido Resident Points.
Applicable areaMunicipal benefits addressing higher prices and the digitization of benefit payments
Registration number and expiry dateHokkaido Local Finance Bureau Director, Type II Funds Transfer Business No. 00003 (株式会社デジタルフィンテック)
LocationHokkaido is the location of the Hokkaido App and the benefit program. 株式会社デジタルフィンテック’s address: 8-1-8 Odori-nishi, Chuo-ku, Sapporo, Hokkaido
Location scaleApproximately 2.82 million households
Quantitative EffectsEfficiency and speed improvements, greater convenience and a reduced operational burden are expected, but specific figures for the effects are not disclosed.
Usage historyApproximately 2.82 million eligible households, ¥5,500 per household
Impact on Business PerformanceThe gross margin on transaction value in the benefit payment business is limited by its nature, given the high degree of public interest. Depending on the exchange ratio for Digital Gift®, transaction value and the gross margin on transaction value may improve versus forecasts, but given the high level of uncertainty, the earnings forecast will not be revised.
Items this document does not state (7)
Contract ValueOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodySource

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 address residents’ diverse preferences for receiving benefits, improve the efficiency, speed and convenience of the benefit program, reduce the operational burden, and consolidate the fee structure.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Support for benefits of ¥5,500 per household to approximately 2.82 million households, totaling approximately ¥15 billion, under the Hokkaido Government’s emergency economic measures addressing rising prices | DIGITAL PLUS,Inc. (3691) timely disclosure | Komori