ITOKI Shared Value and AUCNET sign memorandum of understanding to collaborate on building an "office furniture reuse distribution platform"
Reuse office furniture that would have been discarded and turned it into valuable material instead of waste
ITOKI CORPORATION (Head office: Chuo-ku, Tokyo; President: Koji Minato) group company ITOKI CORPORATION Shared Value (Head office: Chuo-ku, Tokyo; President: Yoshitaka Yokoi; hereinafter "ISV") and Aucnet Inc. (Head office: Minato-ku, Tokyo; President and CEO: Shinichiro Fujisaki; hereinafter "Aucnet") have signed a basic agreement to collaborate on the "Office Furniture Reuse Distribution (headquartered in Minato-ku, Tokyo; Shinichiro Fujisaki, President and CEO; hereinafter "ISV") and Aucnet Inc. By combining Aucnet's expertise in building a secondary distribution network with ISV's knowledge of environmentally friendly businesses, the two companies aim to realize a recycling-oriented society in which office furniture is reused.
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Background to the collaboration
ISV's core business is the effective use of office furniture, and it operates rental, sharing, and reuse businesses. This time, ISV was impressed by Aucnet's efforts to contribute to building a recycling-oriented society and reducing waste through secondary distribution that reuses and recycles still-usable products and unwanted items, and the two companies envisioned the kind of society they wanted to be, and with the aim of realizing this vision, they decided to build an "Office Furniture Reuse Distribution Platform" specializing in the reuse of office furniture.
What kind of recycling-oriented society do we want to achieve?
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About the Platform Business
The platform provides its members with an online auction system where reused office furniture can be traded. Companies and organizations that have office furniture that is still of usable value but is no longer needed can buy and sell through the platform, reducing disposal costs and greenhouse gas emissions. Meanwhile, companies and organizations that need reused office furniture can use the platform to gain convenient procurement opportunities. In addition, Aucnet's GCV (※) concept is used to visualize the reduction in greenhouse gas emissions through secondary distribution, and feedback is provided to companies and organizations that exhibit their items on the value of their contribution to reducing environmental impact.
In the future, we aim to revitalize the secondary distribution market by utilizing information to create an even more convenient distribution infrastructure, build a system for external cooperation, and develop new services to help realize a recycling-oriented society.
Business Model
(*)GCV: Gross Circulation Value
Aucnet's unique management indicator established to translate its sustainability policy into concrete actions. It represents the monetary value of the impact of its business activities on the "economy" and on the "environment" through the distribution of reused products. For more details, please see the link below.
AUCNET Corporation Company Profile
| Company Name | AUCNET, Inc. (TSE Prime: 3964) |
|---|---|
| Main office | Aoyama OM Square, 2-5-8 Kita-Aoyama, Minato-ku, Tokyo |
| representative | Representative Director and CEO Shinichiro Fujisaki |
| Founded | June 29, 1985 |
| Capital | 1,807 million yen (as of December 31, 2023) |
| Business content | A recycling-oriented market design company that provides online auctions and distribution services for used cars, used digital devices, branded goods, flowers, used motorcycles, used medical equipment, and more. |
| URL | https://www.aucnet.co.jp/ |
Itoki Shared Value's corporate philosophy is "To conserve the Planet environment, we develop and realize businesses that contribute to society with the themes of reducing environmental impact and making effective use of resources," and we foster awareness and provide sustainable value through our rental, sharing, and reuse businesses.
To this release
Contact information
ITOKI CORPORATION Shared Value Corporation
White wood
MAIL: shiraki0a31＠sharedvalue.tokyo
URL:https://sharedvalue.tokyo/
press personnel
Contact information
株式会社イトーキ
コーポレートコミュニケーション統括部
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TEL:03-6910-3910
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