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Business Alliances5535MIGALO HOLDINGS Inc.Real Estate

Decision to introduce FreeiD, the facial-recognition ID platform of DXYZ, a subsidiary of ミガロホールディングス, at Leaf Garden Urayasu, operated by 京葉ガス不動産

DXYZ’s facial-recognition ID platform “FreeiD” will be introduced at “Leaf Garden Urayasu,” a rental apartment complex developed by 京葉ガス不動産株式会社. Residents will be able to enter and leave the apartment building through facial recognition without using a key.

Worth reading
39Recurring
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
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Wording
Definitive
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Agreements reached under this partnership

5535MIGALO HOLDINGS Inc.
Alliance partner京葉ガス不動産株式会社
Details of the alliance
  1. 1

    The facial-recognition ID platform “FreeiD” will be introduced at the entrance of this property.

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

About the partner
Business DescriptionReal estate business, including the leasing and management of land and buildings, and electricity sales business through solar power generation
LocationIchikawa, Chiba Prefecture
Agreements reached under this partnership
ItemDetails
Name of alliance partner京葉ガス不動産株式会社
Alliance partner's business activitiesReal estate business, including the leasing and management of land and buildings, and electricity sales business through solar power generation
Alliance partner's locationIchikawa, Chiba Prefecture
Details of the allianceThe facial-recognition ID platform “FreeiD” will be introduced at the entrance of this property.
Items this document does not state (19)
Alliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeType of allianceNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionContract DateAlliance start dateShare Acquisition Date and Payment DateImpact on Business PerformanceChange in major shareholders

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.

The system is intended to make entering and leaving the building more convenient when residents have both hands full, such as when carrying a child or returning from shopping, and to support safe and comfortable living for residents by improving security through facial-recognition technology.

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Decision to introduce FreeiD, the facial-recognition ID platform of DXYZ, a subsidiary of ミガロホールディングス, at Leaf Garden Urayasu, operated by 京葉ガス不動産 | MIGALO HOLDINGS Inc. (5535) timely disclosure | Komori