Robot Home : Notice Regarding the Establishment of a Subsidiary

	July 19, 2022
Company name:	Robot Home, Inc.
Representative:	Daisaku Furuki, Representative Director/CEO
	(Stock exchange code: 1435, TSE Prime)
Contact:	Shinji Yasui, Executive Officer/CFO
	(Phone: [phone])

Notice Regarding the Establishment of a Subsidiary

Robot Home, Inc. (the "Company") hereby announces that, by written resolution of the Board of Directors dated July 19, 2022, it has resolved to establish a subsidiary "Next Relation, Inc."

1. Purpose of establishment

Utilizing our track-record in the development and application of a variety of different real estate x IT products, the Company has rolled out a range of DX integration support services. Among those services, demand for public affairs consulting in particular has expanded.

The public affairs business is a growth industry that is essential to the creation of new markets, and we believe that its expansion will contribute to the improvement of medium- to long-term corporate value across the entire Group.

We hope that the establishment of this subsidiary will realize further business growth by clarifying the profit to be generated through the public affairs business.

2. Overview of subsidiary

(1)	Name	Next Relation, Inc.
(2)	Head office	7-4-15 Ginza, Chuo-ku, Tokyo
(3)	Representative	Kota Onodera, Representative Director (Executive Officer of the Company)
			Public affairs consulting
(4)	Business		Development of systems for solutions to local issues for regional
	governments
			Operation of membership organizations aimed at corporate support
(5)	Capital	10 million yen
(6)	Establishment	August 15, 2022 (Scheduled)
(7)	Fiscal year-end	December 31
	Major shareholders	The Company: 80%
(8)	and shareholding
Kota Onodera: 20%
	ratios
		Capital	Subsidiary in which the Company holds an 80% share
				The plan is for one of the Company's Executive Officers to concurrently
	Relationship			serve as the subsidiary's Representative Director and for two of the
			Company's Directors to concurrently serve as Directors of the
(9)	between listed	Personnel	subsidiary. It is also planned that one of the Company's Executive
company and this			Officers will concurrently serve as the subsidiary's Corporate Auditor.
	company			In addition, the subsidiary plans to accept employees seconded from the
			Company.
				The Company and the subsidiary plan to enter into an outsourcing
		Trade	contract whereby the subsidiary outsources operations such as
				subsidiary management to the Company.

3. Schedule

(1) Board of Directors resolution	July 19, 2022
(2) Establishment	August 15, 2022 (Scheduled)

4. Prospects

This transaction has little effect on the consolidated performance of the Company. We will promptly disclose any matters that need to be disclosed should they arise in future.