ITANDI, Inc., Ltd. (Headquarters: Minato-ku, Tokyo, Representative Director: Shinpei Noguchi, hereinafter "Itanji"), which smoothes real estate leasing transactions with our group company Technology, is Mitsui Fudosan Residential Lease Co., Ltd. (hereinafter "Mitsui"). Introduced to "Real Estate Residential Lease"), which is one of the "ITANDI BB" series of one-stop services for real estate leasing business, in order to digitize procedures related to occupancy application for rental properties from September 2020. We will start offering the No. 1 (* 1) real estate-related WEB application reception system "Moshikomiuketsuke-kun".

In recent years, as part of the government's IT-based deregulation, the Ministry of Land, Infrastructure, Transport and Tourism is promoting the digitization of lease contracts in the real estate industry. In order to move into a rental housing, it is necessary to submit a move-in application form and an examination application form to a rent debt guarantee company before concluding a lease contract.

Mitsui Fudosan Residential Lease used to use e-mail and fax to apply for occupancy, but from September 2020, we introduced the real estate-related WEB application reception system "Moshikomiuketsuke-kun" provided by Itanji. As a result, Mitsui Fudosan Residential Lease, which manages approximately 69,000 units (* 2) of rental properties nationwide, will gradually promote the digitization of move-in application procedures.

Itanji aims to support the efficiency and productivity improvement of Mitsui Fudosan Residential Lease's move-in application by providing "Moshikomiuketsuke-kun" and contribute to further improvement of resident satisfaction.

We have decided to introduce "Moshikomiuketsuke-kun" provided by Itanji in order to improve both convenience for those who wish to move in and to improve the efficiency of internal operations. The most rational decision for this introduction is based on comprehensive consideration of the market share of the No. 1 company, high technology, and the introduction record of Mitsui Home Estate, the same Mitsui Fudosan Group company. I am confident that it was completed.

Considering the use of tech in the real estate industry, it is conspicuous that analog tools are still used compared to other industries, as represented by fax. Among them, instead of the negative attitude of "supplementing the shortage of labor with robots and IT", he has a positive mindset of "contribution to profits by actively utilizing digital technology", and young energy like Itanji also. We will borrow and make every effort to tackle the digitalization issues of the entire real estate industry.