#Japan #Tokyo #SmartHome #FiberGate #HOMETACT

Strategic Partnership Between HOMETACT and Fibergate: Enhancing Smart Home Services

HOMETACT, a subsidiary of Mitsubishi Estate, and Fibergate, a key player in communication services, have entered a strategic partnership to enhance and expedite the deployment of smart home solutions across Japan. The agreement allows HOMETACT to leverage Fibergate's robust telecom infrastructure to bring their comprehensive smart home service to a wider audience.

Background of the Partnership

Fibergate, based in Sapporo, specializes in providing communication services tailored for residential and business environments. With a mission to 'Lead The Telecomenergy', the company integrates telecommunications with sustainable energy solutions, helping to improve living conditions through smart technologies. They focus on their home-use project targeting residential spaces and a business-use project aimed at commercial facilities.

On the other side, HOMETACT launched its smart home service in November 2021, utilizing specialized apps and smart speakers. Their service permits users to manage IoT devices from multiple manufacturers seamlessly. This service has witnessed impressive customer satisfaction feedback, including a 94% satisfaction rate and an 88% intention to continue usage after moving. As a result, HOMETACT’s offerings have become vital considerations in property evaluations within the Japanese rental market.

Objectives of the Agreement

This partnership aims to realize several key objectives:

1. Strengthening Market Approaches: By harnessing Fibergate's extensive nationwide sales network, HOMETACT seeks to efficiently distribute its high-quality smart home solutions throughout Japan's rental market.

2. Maximizing Property Value and Tenant Convenience: By providing a one-stop solution involving both communication and smart home technologies, this collaboration aims to facilitate a modern and comfortable lifestyle for residents, while creating a distinct competitive edge for property owners and operators, thereby enhancing long-term asset value.

These strategic goals will drive both companies to strengthen their market presence and promote user-friendly solutions.

Activities and Future Plans

With this new alliance, HOMETACT and Fibergate will focus on the following activities to advance market expansion:

1. Sales Collaboration for Market Share Expansion: Utilizing Fibergate's extensive network, the companies plan to approach rental management firms and property owners in regional areas to offer HOMETACT's solutions as a means to maximize property value.

2. Providing Integrated Solutions: The combination of Fibergate’s free internet services for tenants and HOMETACT's smart home offerings will provide a comprehensive package to property owners. This integration will streamline the process of implementing smart home technologies from design to maintenance, creating a new living experience for tenants that simplifies daily tasks such as controlling locks, lighting, and air conditioning.

About HOMETACT

HOMETACT has stepped into the smart home sector with the goal of meeting the needs of Japan's residential landscape. Their system not only manages various IoT devices through a single platform but has also seen implementation across numerous properties within and beyond Mitsubishi Estate. The company has secured partnerships with over 30 manufacturers and provides solutions that result in significant rent increases, high tenant satisfaction ratings, and continuous growth in service adoption.

By prioritizing the dual objectives of enhancing residents' quality of life and increasing property owners' asset values, HOMETACT demonstrates a commitment to fostering innovative solutions in the real estate sector.

About Fibergate

Fibergate Inc. was established in September 2000 and is publicly listed on the Tokyo Stock Exchange. The firm is recognized for its contributions to the communication infrastructure necessary for modern residential and commercial spaces. Through partnerships and expansions, Fibergate continues to innovate and provide comprehensive solutions that encompass communication, renewable energy, and real estate services.

Both companies, through their alliance, are positioned to redefine the landscape of smart living in Japan, paving the way for smarter, more connected homes that prioritize resident satisfaction and operational efficiency in property management.