#Japan #Minato #PICKFORM #VLC Security #SCS Evaluation

Free Online Seminar Announcement

Overview

On July 23, 2026, PICK Corporation will host a free online seminar titled "SCS Evaluation System & Response to Identification Law Revision: Companies Without Adaptation Will Lose Deals by 2027." This event aims to address the implications of two significant regulatory changes scheduled for 2027 that will impact how real estate transactions are conducted in Japan.

PICK, a company based in Minato, Tokyo, specializes in providing the DX platform for real estate and construction transactions. The seminar will feature speakers from VLC Security, a cybersecurity specialist, providing insights on the necessary preparations needed to comply with these new regulations.

Reasons for the Seminar

Changing Regulatory Landscape

The year 2027 will bring two major regulatory changes that could significantly influence the business dealings of companies in the real estate sector. The first change is the introduction of the SCS (Supply Chain Security) Evaluation System. This initiative is led by Japan's Ministry of Economy, Trade and Industry in collaboration with the National Cyber Security Center. It aims to create a common standard to assess and visualize companies’ cybersecurity measures with a star rating system from ★1 to ★5. Implementation of ratings ★3 and ★4 is expected to begin at the end of fiscal 2026, meaning that businesses will need to obtain these ratings in order to remain competitive in securing contracts. This requirement is predicted to rival existing certifications, such as ISMS (Information Security Management System) and P Mark (Privacy Mark), in its significance.

The second key change comes from the revision of the Act on Prevention of Transfer of Criminal Proceeds (commonly known as the Anti-Money Laundering Law). Starting on April 1, 2027, the traditional method of verifying personal identification through original documents will be replaced by a new method primarily involving the reading of IC chips within My Number Cards. This change affects various businesses, including real estate companies, which are classified as certain regulated entities under this law. Delays in compliance could lead to serious risks including identity fraud, contract disputes, and ultimately loss of business.

Although acquiring an SCS star rating is not legally mandated, it will serve as a new criterion for selecting trading partners, creating a scenario where companies that fail to adapt risk being left out of the marketplace altogether. Conversely, compliance with the personal identification law is a legal requirement for specific business types, including real estate agents, meaning that failure to transition to the new verification methods could result in legal breaches following the law's enforcement.

Both changes highlight the urgency for businesses to start preparations well in advance of the 2027 deadlines.

Audience for the Seminar

This seminar is especially relevant for:

• - Real estate professionals concerned about their obligations under the revised identification law.
• - Firms in the real estate and construction sector interested in understanding the implications of the SCS evaluation and obtaining the desired star rating.
• - Businesses in the supply chain—such as manufacturing, distribution, IT, and transportation—that are starting to be pressured about cybersecurity measures by clients and partners.
• - Organizations that have obtained ISMS or P Mark certifications but are unsure about the differences or additional requirements posed by the new regulations.
• - Those who recognize the need for immediate action but want to gauge their current compliance status in light of competitive movements.

Key Takeaways from the Seminar

Participating in this seminar will allow attendees to:

• - Gain a concise understanding of the critical aspects of both the SCS Evaluation System and the identification law revision.
• - Learn actionable insights from cybersecurity and real estate/DX experts on what preparations should be initiated now.
• - Identify gaps in existing compliance efforts and establish priorities for taking action moving forward.

Seminar Details

• - Title: SCS Evaluation System & Response to Identification Law Revision: Companies Without Adaptation Will Lose Deals by 2027
• - Date & Time: July 23, 2026, 11:00 AM - 12:00 PM
• - Format: Online (Zoom). Registered participants will receive a link via email.
• - Cost: Free
• - Organizer: PICK Corporation
• - Registration: Sign up here

Speakers

• - Kentaro Miyazaki: Executive Officer CMO and Head of Marketing Branding at VLC Security, with extensive experience in corporate cybersecurity marketing.
• - Kohei Abe: Executive Officer and Head of DX Division at PICK, previously involved in various sectors of the real estate market and marketing strategy consultation.

About PICK Corporation

Founded in October 2018, PICK Corporation is committed to improving the experience of real estate transactions. Their flagship service, PICKFORM, is Japan's only legally compliant electronic contract and efficiency solution recognized by the Ministry of Land, Infrastructure, Transport and Tourism. As their services continue to evolve, they aim to resolve various challenges faced by industry professionals.