#Japan #Tokyo #Wi-Fi Technology #DX Communications #EJ Holdings

Strategic Collaboration Between DX Communications and EJ Holdings

DX Communications Inc., based in Chuo-ku, Tokyo, has announced a significant partnership with EJ Holdings Inc., headquartered in Okayama City. This collaboration involves a third-party allotment capital increase, marking a crucial step towards strengthening service provisions in local municipalities.

Background and Objective of the Partnership

Since its establishment in February 2022, DX Communications has aimed to foster digital transformation (DX) in regional areas through wide-area Wi-Fi services. Given the government's push for regional revitalization 2.0, it is critical to establish robust communication infrastructure in local areas. Many small municipalities may struggle to improve existing communication networks due to cost-effectiveness issues. The wide-area Wi-Fi technology developed by DX Communications is poised to create high-speed networks, addressing these local needs effectively.

Conversely, EJ Holdings is recognized as a leading comprehensive construction consultant in Japan. The company has amassed extensive experience and knowledge in urban development, disaster prevention planning, and infrastructural DX. The recent partnership aims to synergize EJ Holdings' deep understanding of social infrastructure with DX Communications' innovative Wi-Fi technologies and communications solutions. This integration is expected to expedite the delivery of DX solutions to local governments and developers.

With this partnership, both companies plan to leverage their unique strengths, promoting technological collaboration to realize localized DX solutions and significantly expand business opportunities.

Overview of the Third-Party Allotment Capital Increase

In conjunction with this strategic partnership, DX Communications conducted a third-party allotment that entails:

• - Type and Number of Shares Issued: 10,000 common shares
• - Current Total Number of Issued Shares: 90,510
• - Total Number of Issued Shares Post-Capital Increase: 100,510

Partner Company Overview

• - Name: EJ Holdings Inc.
• - Location: 3-1-21 Tsushima Kyomachi, Kita-ku, Okayama City, Okayama Prefecture
• - Representative: President Hiroshi Kotani
• - Business Description: EJ Holdings operates as a comprehensive construction consulting group, offering a full range of services from planning to execution for public works primarily targeting governmental organizations. Their portfolio includes urban planning, infrastructure project management for roads, bridges, ports, environmental assessments, and specialized surveying services.
• - Stock Code: 2153, Tokyo Stock Exchange Prime

Overview of DX Communications

• - Name: DX Communications Inc.
• - Location: 3F Nippon Steel Nihonbashi Building, 1-13 Nihonbashi, Chuo-ku, Tokyo
• - Representative: President Satoshi Sugimoto
• - Business Description: DX Communications specializes in the construction and operation of wide-area Wi-Fi telecommunications infrastructure as well as the implementation and operational support of DX solutions for municipalities and urban developers.
• - Established: February 2022
• - Capital: ¥134,480,000 (pre-increase)

Note: Wide-area Wi-Fi refers to a system installed with Wi-Fi antennas approximately 200 to 500 meters apart, creating an internet-accessible environment across designated areas.

Conclusion

DX Communications’ strategic partnership with EJ Holdings stands to revolutionize the telecommunications landscape for local governments and communities. By merging their technologies, the partnership enhances the ability to respond to the needs of regional areas, ensuring they are well-connected and empowered to thrive in a digitally-driven environment.

For inquiries regarding this partnership, please contact:

DX Communications, Management Planning Department (Haruka Tokuda)
Tel: 03-6555-4326
Email: [email protected]
Website: DX Communications