JPMC Co., Ltd.
JPMC starts family trust business through business alliance with L&F Co., Ltd. ……
JPMC Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo, Representative Director and President Executive Officer: Hideaki Muto, hereinafter “JPMC”) operates the “Family Trust Consultation Desk”
(https://www.f-shintaku.jp/). We are pleased to announce that we have entered into a business partnership with L&F Co., Ltd. (Headquarters: Chiba City, Chiba Prefecture, Representative Director: Hisazumi Mori, hereinafter referred to as “L&F”), and will begin a family trust business under the brand of “JPMC Family Trust.”
[Image 1: https://prtimes.jp/i/106776/34/resize/d106776-34-3ca41a3488d846d6e23c-0.jpg&s3=106776-34-67b67c25c685b3b973dffa96493e5b8e-600×200.jpg] Background of the business alliance
It is said that by 2025, the number of dementia patients will exceed 7 million, and one in five elderly people will have dementia, so we need to ensure flexibility in asset management for the elderly, with asset freezing measures as the mainstay. Facilitating the transfer of assets to the next generation has become an important issue.
[Image 2: https://prtimes.jp/i/106776/34/resize/d106776-34-2c9f4a607bdf76654535-1.jpg&s3=106776-34-df9e079c913b9d58d925f1784b4856b4-650×363.jpg] Especially for owners of commercial real estate, including rental housing, the loss of mental capacity due to dementia has a significant impact on real estate management, and senior rental owners themselves are also aware of the problem. This is also known from the results of the ministry’s survey.
[Image 3: https://prtimes.jp/i/106776/34/resize/d106776-34-5fbe48557ff9cae79695-3.jpg&s3=106776-34-bbeb0b014e6a315b33ba36aa6ed1318f-640×223.jpg] JPMC, whose management policy is to “maximize owner assets,” is a company that provides numerous services to support rental owners’ sustainable rental management, and is an industry with approximately 110,000 operating units (as of the end of December 2023). We are one of the largest subleasing companies. With the development of a super-aging society, the risk of freezing rental owners’ assets due to dementia, etc. is becoming more apparent.In order to avoid these risks, we are providing seamless rental management by expanding our consulting menu regarding asset management, asset succession, and business succession. We have decided to enter the family trust business based on the judgment that providing support will not only strengthen relationships with owners but also lead to further business development.
On the other hand, L&F, as the only specialized business that provides vacant house management services nationwide under the brand of “Japan Vacant House Support,” has received many inquiries about vacant houses that cannot be sold due to dementia, etc. We have started a “Family Trust Consultation Desk” business for senior citizens, and have been providing asset management support for seniors who own real estate such as their homes or rental housing.
In order to run family trusts, which are attracting attention as a measure to freeze assets for the elderly, as a business, we need specialized knowledge, collaboration with legal experts who are familiar with family trusts, and a website that allows efficient central management of customer communication and business operations. Applications are essential. In this partnership, L&F, which has these necessary solutions, will jointly develop and operate the “JPMC Family Trust” with JPMC, providing strong support for the speedy development of the family trust business. “JPMC Family Trust” is expected to not only improve services for existing business owners, but also be effective as a promoter of management contract sales, and is expected to be effective in the consulting business related to property management, asset succession, and business succession, which JPMC is strengthening its efforts. As a portal, it is expected to lead to the creation of new revenue opportunities.
Business partnership details
JPMC and L&F will collaborate in the development and operation of the “JPMC Family Trust,” which JPMC will begin operations on May 10, 2024. Specifically, L&F’s “Family Trust Consultation Desk” business will begin by providing customized sales know-how, tools, and web applications essential for family trust business operations to “JPMC Family Trust,” as well as joint rental services. Through seminars for owners, various content development, etc., both companies will work to promote JPMC’s consulting business related to asset management and asset/business succession for senior customers.
What is a family trust?
A family trust is a property management system based on the Trust Act that is primarily carried out between parents and children through a trust agreement. A parent entrusts assets to a trusted child, and the child manages and disposes of the assets in accordance with the purpose of the trust agreement. As a result, even if a parent loses mental capacity due to dementia, etc., the child can manage and dispose of the assets entrusted to them with their own authority and judgment, making it possible to avoid the risk of freezing assets. . It is said that the number of users has increased rapidly in recent years, especially as a measure to freeze assets among seniors who own real estate.
About L&F Co., Ltd.
L&F is a company that develops and operates services to solve social issues unique to a super-aging society and issues faced by real estate owners and the real estate/housing related industry, with the theme of “bringing joy to everyone involved in real estate and housing.” is. To date, in order to contribute to the resolution of the serious vacant house problem, we have operated “Japan Vacant House Support”, the only independent vacant house management specialist brand that operates in 47 prefectures, and not only manages vacant houses, but also sells, sells, and sells vacant houses. We have built a strong nationwide network that allows us to respond to a variety of inquiries from vacant home owners, including rental, renovation, and demolition, as a one-stop service.
In addition, in a super-aging society, there is an increasing number of cases in which people are unable to sell their homes due to dementia, etc. when moving into a facility, so in the field of family trusts, where synergies with the “Japan Vacant House Support” business can be expected. In May 2021, we started the “Family Trust
Consultation Desk” business for real estate owners.
We aim to be a company that contributes to society by utilizing real networks and IT technology, such as by developing exclusive web applications in-house for all businesses we operate.
■ Company profile
Company name: L&F Co., Ltd.
Company URL: https://www.l-f.co.jp/
Address: 26th floor, World Business Garden Malibu West, 2-6-1 Nakase, Mihama-ku, Chiba City
Established: April 2007
Representative Director: Hisazumi Mori
Capital: 35,000,000 yen
Business details:
・Operation of the “Family Trust Consultation Desk”, a nationwide network of steady professionals and legal experts
https://www.f-shintaku.jp/
・Operation of “Japan Vacant House Support”, a nationwide network for vacant house management
https://xn--w8jvl3b6d9gz83xm5o0mc223e.jp/portal/
・Operation of Owner’s Cloud, an owner web application for rental management companies
https://www.owners-cloud.com/
About JPMC Co., Ltd.
JPMC is a pioneer in the subleasing business of existing properties, based on a partner system of approximately 1,400 companies including real estate companies, builders, and nursing care providers
nationwide, and through the management agency of owned properties with the motto of “sustainable rental management.” We pursue “maximization of profits” for the owners.
In addition, through our rental management agency, we are 1. actively working on regional revitalization by utilizing our nationwide partner system, and 2. revitalizing and reusing existing properties by renovating them and subleasing them. 3. Contribute to the
establishment of a diverse society where everyone can have an equal customer experience when searching for a room, and 4. Improve operational efficiency as a proptech company through DX of operations. We will continue to work on this.
■ Company profile
Company name: JPMC Co., Ltd. (listed on the Tokyo Stock Exchange Prime Market) Representative: Hideaki Muto, Representative Director, President and Executive Officer
Business details: Rental management agency for rental housing owners 1. Rental housing bulk leasing business (sublease)
2. Rental housing management business
3.Rental management peripheral business
Head office: Nippon Seki Building, 3-4-2 Marunouchi, Chiyoda-ku, Tokyo Capital: 465,803,500 yen (as of February 13, 2024)
Corporate site: https://www.jpmc.jp/
Concept movie “Sustainable rental management”
[Video 2: https://prtimes.jp/api/movieim.php?url=www.youtube.com/watch?v=6-Ppd1dDqXI]
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