We would like to inform you that we have decided to make  Modern Standard Co., Ltd. (Headquarters: Minato-ku, Tokyo, Representative Director: Keisuke Matsuda, hereinafter referred to MS) our group company in the meeting of Director held on December 9 through a stock acquisition and simple stock exchange. The stock acquisition will be carried out today, and MS will become our wholly owned subsidiary after the simple share exchange scheduled on January 15, 2020.

Taking advantage of MS's participation in GA technologies Group, in the short term, by linking the real estate tech comprehensive brand "RENOSY" and the luxury rental site "Modern Standard", we will expand opportunities for both companies to provide services through cross-selling. Aim for

Furthermore, in the medium to long term, in order to promote the realization of our corporate philosophy of “impress people with technology and innovation,” we will start providing PropTech services for high-income earners, mainly in the Tokyo metropolitan area. I plan to continue.