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Valuence Holdings (9270) · InitiativeDecline in R&D Expenses

Joint Research on AI-Based Price Calculation Using Big Data and External Factors

First written in FY2019-Q3. 5 of 10 entries say "Restated". Latest entry: FY2023.

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ProgressHeldSoftenedWorseRestatedFY2020-Q2 – FY20232019: 220192020: 420202021: 220212022: 120222023: 12023
Same theme, other companies
Improving Appraisal and Purchasing Operations Through Data and AIA theme 7 companies write about · 0 as a headwind · 9 as a tailwind

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Full recordFilings, disclosures and news, newest first
  1. FY2023Decline in R&D ExpensesAnnual report

    「Through in-house research and joint research with the Graduate School of Information Science and Technology at Hokkaido University, a national university corporation, the group is conducting research using artificial intelligence to dynamically set auction prices reflecting external factors and automatically calculate purchase appraisal prices. Total research and development expenses for the consolidated fiscal year were ¥26 million.」

    Research into AI-based auction price setting and automatic calculation of purchase appraisal prices is ongoing, while full-year research and development expenses were ¥26 million.
  2. FY2022RestatedAnnual report

    「Through in-house research and joint research with the Graduate School of Information Science and Technology at Hokkaido University, a national university corporation, the group is conducting research using artificial intelligence to dynamically set auction prices reflecting external factors and automatically calculate purchase appraisal prices.」

    The joint research with Hokkaido University on AI-based price estimation and auction price setting is ongoing. Total research and development expenses reached ¥61 million.
  3. FY2021Restatement of joint researchAnnual report

    「The group is conducting joint research with the Graduate School of Information Science and Technology at Hokkaido University, a national university corporation, on using artificial intelligence to dynamically set auction prices reflecting external factors and automatically calculate purchase appraisal prices.」

    The previous filing stated that there were no applicable research and development activities, but this filing again discloses the joint research with Hokkaido University on AI-based price estimation and reports research and development expenses of ¥1.783 million.
  4. FY2021-Q2DroppedAnnual report

    「(5) Research and development activities: No applicable matters.」

    Regarding the previously disclosed joint research with Hokkaido University on AI-based price estimation, this filing states that there were no applicable research and development activities. However, it does not expressly state that the research had ended.
  5. FY2020RestatedAnnual report

    「The group is conducting joint research with the Graduate School of Information Science and Technology at Hokkaido University, a national university corporation, on using artificial intelligence to dynamically set auction prices reflecting external factors and automatically calculate purchase appraisal prices. Total research and development expenses for the consolidated fiscal year were ¥5 million.」

    The joint research with Hokkaido University on AI-based price estimation continued, and research and development expenses for the consolidated fiscal year were ¥5 million.
  6. FY2020-Q3RestatedAnnual report

    「The group is conducting joint research with the Graduate School of Information Science and Technology at Hokkaido University, a national university corporation, on using artificial intelligence to dynamically set auction prices reflecting external factors and automatically calculate purchase appraisal prices. Total research and development expenses for the cumulative third-quarter period were ¥5 million.」

    The joint research with Hokkaido University on AI-based price estimation is ongoing, and total research and development expenses for the cumulative third-quarter period were ¥5 million.
  7. FY2020-Q2RestatedAnnual report

    「The group is conducting joint research with the Graduate School of Information Science and Technology at Hokkaido University, a national university corporation, on using artificial intelligence to dynamically set auction prices reflecting external factors and automatically calculate purchase appraisal prices. Total research and development expenses for the cumulative second-quarter period were ¥5 million.」

    The joint research with Hokkaido University on AI-based price estimation is ongoing, and total research and development expenses for the cumulative second-quarter period were ¥5 million.
  8. FY2020-Q1AdvancedAnnual report

    「The company also worked to improve convenience, including by introducing automated AI appraisals for certain products.」

    The company disclosed that its joint research with Hokkaido University on AI-based price estimation had reached the practical implementation stage, with automated AI appraisals introduced for certain products.
  9. FY2019RestatedAnnual report

    「The company is conducting joint research with the Graduate School of Information Science and Technology at Hokkaido University, a national university corporation, on introducing and utilizing AI to enable automatic calculation of appropriate prices when purchasing and selling products.」

    Joint research on AI-based price estimation using purchase and sales data and external factors such as supply and demand and foreign exchange rates is ongoing.
  10. FY2019-Q3First statedAnnual report

    「As a new initiative, the company began joint research with Hokkaido University aimed at introducing and utilizing AI to instantly calculate appropriate purchase appraisal prices and selling prices by combining the company's big data on purchases and sales with external factors such as market supply and demand balances and foreign exchange fluctuations.」

    In April 2019, the company began joint research with the Graduate School of Information Science and Technology at Hokkaido University aimed at automatically calculating appropriate prices using purchase and sales data and external factors such as supply and demand and foreign exchange rates.
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Joint Research on AI-Based Price Calculation Using Big Data and External Factors | Valuence Holdings Inc. (9270) | Komori