Company Overview

1. Company Overview

Japan Living Guarantee <7320> is a "WorthTech Company" that provides asset value maximization solutions such as extended warranty services in the residence sector, centering around assets. The company's slogan is "To worthful life - towards a life full of value", with the mission of maximizing the asset value of life through innovative real and digital services, and the vision of "Unchanging value in every aspect of life".

As of the end of June 2024, the headquarters of the company is located in Shinjuku-ku, Tokyo, with branches in Osaka (Chuo-ku, Osaka), Fukuoka (Hakata-ku, Fukuoka), and Nagoya (Nakamura-ku, Nagoya). In July 2024, a Sendai branch (Aoba-ku, Sendai) was established. The group consists of the company itself, and its consolidated subsidiaries Living Point Co., Ltd. and Living Finance Co., Ltd. The total assets on a consolidated basis amount to 24,593 million yen, net assets are 3,005 million yen, equity ratio is 12.2%, and the total number of issued shares is 5,118,300 shares (including 93,974 treasury shares). Furthermore, effective November 1, 2024, the company will fully acquire Media Seek through a stock swap and change its name to Solvvy.

2. History

The company was established in March 2009 as a residence facilities extended warranty company, and started offering "Residence Secure Support (Residence Facilities Maintenance Guarantee)" in August of the same year. Subsequently, in August 2012, it established its subsidiary Living Point, started warranty services for solar power generator manufacturers in June 2013, and established its subsidiary Living Finance in April 2021, promoting strategies to expand service variations and business areas. In terms of stock affairs, it was listed on the Tokyo Stock Exchange Mothers market in March 2018, and moved to the Growth Market of the Tokyo Stock Exchange in April 2022 due to a market classification revision.

(Authored by FISCO guest analyst Masanobu Mizuta)