#Japan #Tokyo #AGV Market #HOUSEI #OmniXuttle

HOUSEI Corporation Forms New Subsidiary

HOUSEI Corporation, a technology company specializing in AI and DX solutions based in Shinjuku, Tokyo, has officially announced the formation of a new subsidiary, OmniXuttle, in collaboration with Singapore WINBOT Intelligent Technology PTE. LTD. This decision underscores HOUSEI's commitment to addressing the pressing automation and labor shortages facing the logistics industry in Japan, particularly amidst a rapidly aging population and declining birth rates.

Purpose of Establishing the Subsidiary

The logistics warehousing industry in Japan has been experiencing an urgent demand for automation and labor-saving solutions due to a significant workforce shortage. Many logistics companies have faced challenges in adopting automated warehousing systems, primarily due to implementation costs and technical difficulties. According to a report by Mordor Intelligence, the market for Automated Guided Vehicles (AGVs) is projected to grow at a compound annual growth rate (CAGR) of 8.29% by 2029. This growth signals a substantial opportunity for logistics automation on a global scale in the coming years.

Leveraging its extensive experience in IT and DX domains, HOUSEI aims to partner with Shanghai GLOBL Intelligent Technology, a leading company in automated warehouse solutions based in Shanghai, China. The goal is to provide cost-effective automation products and services that ensure a smooth implementation process for customers. To further this mission, HOUSEI will establish the new subsidiary, OmniXuttle, in cooperation with Singapore WINBOT Intelligent Technology, a member of the GLOBL Group in China.

Overview of the New Subsidiary

While specific details regarding the organization and functionality of OmniXuttle are forthcoming, the subsidiary is designed to focus on delivering cutting-edge automated solutions tailored to the demands of the logistics sector. Given the pressing need for innovation and efficiency in warehousing, OmniXuttle’s offerings will be positioned to cater directly to these market needs, ensuring that Japanese companies are equipped to thrive in a competitive landscape.

Timeline of Establishment

The establishment of OmniXuttle marks a strategic step forward, and the exact timeline for its operational launch will be communicated to stakeholders shortly. HOUSEI is committed to maintaining transparency throughout this process, ensuring all interested parties are informed as developments unfold.

Future Outlook

While HOUSEI anticipates that the impact of this initiative on its consolidated financial results for the current fiscal year (ending December 2025) will be minimal, it commits to swiftly disclose any significant effects that may arise in the future. The establishment of OmniXuttle is not merely a corporate venture but a pivotal step in HOUSEI's broader mission to enhance digital transformation (DX) across various sectors.

HOUSEI is poised to be a partner in realizing DX through its four key business pillars: media-related services, professional services, product development, and international IT business. In alignment with its commitment to open innovation, HOUSEI is actively seeking partners for joint development and sales representation, reflecting its dedication to collaborative growth and technological advancement in Japan.

As the demand for technology-driven solutions continues to surge, HOUSEI's strategic moves through OmniXuttle position the company to capitalize on emerging opportunities within the logistics landscape, paving the way for a more automated and efficient future in the industry.