notice

Novalux Japan has acquired shares in AIRUCA (making it an equity method affiliate).

Novalux Japan Co.,Ltd. (headquartered in Shinagawa-ku, Tokyo; Shingi Komoda, President; hereinafter “Novalux Japan”) has subscribed to a private placement of new shares conducted by AIRUCA Inc. (headquartered in Chiyoda-ku, Tokyo; Sumio Kanenobu, President; hereinafter “AIRUCA”) and become an equity method AIRUCA became an affiliated company.

Novalux Japan is a wholly-owned subsidiary of Shinko Shoji Co., Ltd. (listed on the Tokyo Stock Exchange prime market). Since its establishment in 1995, Novalux Japan has been engaged in planning and consulting for embedded computer systems, and contract development, sales, and maintenance services for computer software, hardware, and peripheral equipment.

AIRUCA is a venture company founded by Kanenobu Sumio in 2021, and develops and sells AI-based object recognition, image recognition, visual inspection, human behavior estimation/fall detection, facial recognition systems and software, AI edge terminals, and more.

The synergy between Novalux Japan's expertise in the contract design and development of embedded computer systems and AIRUCA's advanced AI software and edge device development capabilities will aim to create new business opportunities for both companies, while also helping to solve the problems of Shinko Shoji Group's wide range of customers and contributing to society.

[Introduction of major AIRUCA products and solutions]

・Multifunctional Privacy Protection Edge AI Terminal AiAir Mosaic
AI automatically detects people in camera footage, and creates mosaics, silhouettes, counts the number of people, and displays
their skeletons You can do things like.

・Fall detection system AI-Behavia FD
AI is used to extract people from network camera footage and estimate who has fallen.
In addition, by having the robot learn various fall patterns in real-world environments (deep learning),
This can improve the accuracy of fall detection.
(Examples of application: factory work sites, membership-based sports gyms, etc.)

・AI-Tailgating Detection System
A tailgating detection system can be built at low cost using only a surveillance camera and a small AI-Edge server.
Compatible with face recognition terminals, QR code readers, and IC card readers for authentication upon entry; authentication upon entry
A highly accurate detection rate is achieved by comparing with nothing.
(Examples of application: ID card security zone management, membership-based sports gyms, etc.)

[About AIRUCA Inc.]

Head office location: 3rd floor, Mitoshiro Building, 1-12-12 Uchikanda, Chiyoda-ku, Tokyo
Representative: President and CEO Sumio Kanenobu
Established: March 2021
Business description: Development and maintenance of AI software and edge AI devices
URL:https://airuca.com/

[About Novalux Japan Co., Ltd.]

Head office location: 13F ,Art Village Osaki Central Tower,
1-2-2 Osaki, Shinagawa-ku, Tokyo 141-8540, Japan
Representative: Shingi Komoda, Representative Director and President
Established: April 1995
Business description: Contract development, sales, and sale of computer software, hardware, and peripheral devices.
Maintenance services
Shareholder composition: Shinko Shoji Co., Ltd. (listed on the Tokyo Stock Exchange Prime Market) 100%
URL:https://www.novalux.jp/

[Contact for inquiries regarding this matter]

Novalux Japan Co., Ltd.
Business Department
Keiji Ito
Phone: 03-6361-8101
E-mail: twse@novalux.co.jp

Shinko Shoji Co., Ltd.
Planning Division
Phone: 03-6361-8062
E-mail: ml_info@st.shinko-sj.co.jp