#Japan #Nagoya #Crassone #Urban Sustainability #TEPCO Land

Crassone and Tokyo Electric Power Land Begin Collaboration to Address Regional Challenges

Crassone, a company operating a DX platform for demolition projects located in Nagoya, Aichi Prefecture, has announced a partnership with Tokyo Electric Power Land, a member of the Tokyo Electric Power Group, which specializes in securing land for infrastructure projects in Tokyo. This collaboration aims to tackle public sector challenges, striving to ensure the safety and sustainability of local communities.

Background and Objectives of the Partnership

In Japan, particularly in urban areas, pressing social issues like densely packed wooden residential neighborhoods and non-operational train crossings have become increasingly evident. These problems negatively impact disaster preparedness and safety, lead to traffic congestion, and affect the living environment of residents, thus necessitating urgent solutions to foster sustainable urban development.

With a vision of cultivating a culture of cyclical urban regeneration, Crassone operates a service that matches over 2,300 specialized contracting firms with property owners. Having accomplished over 160,000 projects across the country, Crassone has established a comprehensive support system that addresses the entire process from inventory management before demolition to land sale and utilization afterwards. Their responsive approach caters to growing social needs.

On the other hand, Tokyo Electric Power Land has primarily focused on acquiring and managing land essential for stable electricity supply as a part of the Tokyo Electric Power Group. In recent years, they have expanded their business model, leveraging their experience and expertise to secure contracts from local governments, renewable energy providers, and railway operators, marking a proactive step towards diversifying their business scope.

Through this new partnership, both companies aim to combine their strengths and knowledge to drive initiatives addressing regional public sector challenges.

Comments from the Representatives

Teppei Kawaguchi, CEO of Crassone

"We believe that our partnership with Tokyo Electric Power Land represents a significant step towards solving the social issues faced by urban areas. By combining our specializations, we are better positioned to enhance community safety and contribute meaningfully to sustainable urban development."

Company Profiles

Tokyo Electric Power Land Corporation

• - Head Office: 2-25-1 Nishi-Nippori, Arakawa-ku, Tokyo, Station Garden Tower 5th Floor, 116-0013, Japan
• - Representative: Koji Nishimura, President
• - Establishment: October 1, 2008
• - Capital: 100 million yen
• - Website: TEPCO Land

Crassone Corporation

• - Head Office: 2-11-30 Sakae, Naka-ku, Nagoya, Aichi Prefecture, Central Building 5th Floor, 460-0008, Japan
• - Representative: Teppei Kawaguchi, CEO
• - Establishment: April 1, 2011
• - Capital: 100 million yen
• - Website: Crassone

About The Crassone Service

Launched in April 2020, Crassone has expanded its matching service for demolition projects nationwide, connecting property owners with more than 2,300 specialized contracting firms. The company assists from initial consultations on estimates through to project completion. All contracts are executed electronically, ensuring a seamless online process. Additionally, Crassone provides tools such as a "Demolition Cost Simulator" for quick access to approximate demolition costs, and a "Home Life Transition Navigator" that evaluates land sales post-demolition, these innovative services formed part of a successful public-private partnership for vacant home countermeasures, earning selection under the Ministry of Land, Infrastructure, Transport and Tourism's model projects from FY2021 to FY2023.

(*Includes achievements from the former service "Kurasoune Demolition")