Double Standard

Basic Information

Stock Code
3925
Industry
Information and Communications
Category Detail
Systems & Software
Prefecture
Tokyo
Establishment Year
June 2012
Listing Year
December 2015
Official Website
https://double-std.com/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Infomart, SoftCreate Holdings, Kayac, DIT, NeoJapan, Rakus, E-Store, J Stream, BASE, IC, Branista, Goodpatch, ISB

Overview

Double Standard is a growing company in the information and communications industry, founded in 2012 with headquarters in Minato-ku, Tokyo. It specializes in generating and providing big data as well as planning and developing services using advanced technologies such as AI-powered OCR.

Current Situation

Double Standard has recently recorded sales of approximately ¥2 billion and continues steady expansion by specializing in big data generation and AI-powered OCR services in the information and communications industry. Headquartered in Minato-ku, Tokyo, it provides AI-powered OCR systems, eKYC services, and data analysis solutions for defense, real estate tech, and more. Compared to competitors, it leverages unique data generation technology and service planning capabilities, while focusing on expanding cloud-based services. It joined Keidanren in 2019, enhancing its social credibility, promoting ESG activities, and actively contributing to society through support for local cultural initiatives. Moving forward, it aims for sustainable growth by expanding its customer base based on technological innovations in AI and data analysis. It adapts to changing market environments by improving data quality and developing new services to strengthen its industry position.

Trivia

Interesting Facts

  • Rapidly growing company that introduced AI technology shortly after founding in 2012.
  • One of the pioneering providers of AI-powered OCR services.
  • Gained social credibility through Keidanren membership.
  • IT SME headquartered in Minami-Aoyama, Minato-ku, Tokyo.
  • Active in CSR through support for local cultural activities.
  • Big data analysis technology adaptable to multiple industries.
  • No parent company; builds unique brand in small- and mid-cap market.
  • Implements high-precision document analysis using proprietary AI technology.
  • Relocated headquarters to Minami-Aoyama in 2022 with advanced office environment.
  • Cooperates in promoting data literacy for children's education.
  • Early adopter of eKYC services for financial institutions.
  • Holds several AI-related patents to secure technological superiority.
  • Member of numerous IT industry associations to strengthen networks.
  • Initiating development of multi-language OCR.
  • Certified with Privacy Mark.

Hidden Connections

  • Collaborates with numerous IT companies in Minato-ku, Tokyo, for joint technology development.
  • Some customer overlap with competitors like Rakus and Infomart.
  • Early response to eKYC adoption trend among financial institutions.
  • Cultural support activities contribute to building local community trust.
  • AI-powered OCR technology differentiated by proprietary algorithms.
  • Strengthens data collection infrastructure through subsidiary LITTLE DISCOVERY.
  • Keidanren membership advances connections in political and economic circles.
  • Integrated with cloud platforms such as AWS and Azure.

Future Outlook

Growth Drivers

  • Service sophistication through advancements in AI and machine learning
  • Increasing demand for big data and expansion across industries
  • Rising popularity of eKYC due to growing online authentication needs
  • Increased IT investments amid Japan's accelerating digitalization
  • Market expansion in cloud services leading to more potential customers
  • New solution development leveraging technological strengths
  • Growing related demand from government digital policies
  • Global expansion with multi-language and multicultural support
  • Market uplift from SMEs adopting IT
  • Opportunities for new end-user services
  • Differentiation through data security enhancement needs
  • Brand enhancement via strengthened local community ties

Strategic Goals

  • Establish top-class position in AI technology domestically
  • Achieve annual sales of ¥5 billion
  • Expand new business ventures through multi-field collaborations
  • Establish sustainability-focused management
  • Global market development via international standards and certifications
  • Enhance technological capabilities through enriched talent development programs
  • Increase eKYC service contracts by 5x
  • Maintain customer satisfaction above 90%
  • Sustain and expand regional contribution activities
  • Flexible service provision through cloud-native approach

Business Segments

Big Data Generation and Provision Segment

Overview
Segment focused on generating and providing high-quality big data to improve corporate performance.
Competitiveness
Advanced data processing technology and versatility across industries
Customers
  • IT companies
  • Financial institutions
  • Manufacturing
  • Advertising agencies
  • Real estate companies
  • Government agencies
  • Research institutions
  • Marketing companies
  • Retail
  • Logistics
Products
  • Big Data Analysis Platform
  • Data Cleansing Service
  • Custom Analysis Reports
  • Real-Time Data Streams
  • Big Data API

AI-Powered OCR and Auto-Recognition Services

Overview
Provides document auto-processing and recognition services using high-precision AI-powered OCR technology.
Competitiveness
High recognition rate from proprietary AI technology
Customers
  • Financial sector
  • Insurance companies
  • Government offices
  • Logistics companies
  • Medical institutions
  • Real estate management companies
  • Educational institutions
Products
  • AI OCR System
  • Document Auto-Classification Tool
  • Data Extraction API
  • Multi-Language OCR System

eKYC and Identity Verification Related Services

Overview
Plans and provides secure and convenient online identity authentication services.
Competitiveness
Integration with public authentication infrastructure and security-focused design
Customers
  • Financial institutions
  • Securities companies
  • Fintech companies
  • Telecommunications carriers
  • Government agencies
Products
  • Online Identity Verification System
  • JPKI-Linked Authentication Platform
  • Multi-Factor Authentication API

System Planning and Contract Development Services

Overview
Handles system planning, development, and operation tailored to customer needs.
Competitiveness
Technical expertise and close customer support system
Customers
  • General companies
  • Local governments
  • Educational institutions
  • Service providers
Products
  • Custom System Development
  • Web Service Planning and Design
  • Operation Support

Real Estate Data Analysis Services

Overview
Provides market information and customer management for the real estate industry using AI analysis.
Competitiveness
Abundant data and specialized analysis methods
Customers
  • Real estate agencies
  • Real estate management companies
  • Investment funds
  • Urban development operators
Products
  • Property Price Prediction Model
  • Market Trend Analysis Reports
  • Customer Management Tool Integration

Competitive Advantage

Strengths

  • Advanced big data processing capabilities
  • Proprietary AI-powered OCR technology
  • Services spanning diverse industries
  • Strong customer base and repeat business rate
  • Rapid service planning and development capabilities
  • Advanced security measures
  • Credibility from Keidanren membership
  • Seamless public authentication integration
  • Extensive data collection network
  • Cloud-compatible service provision
  • Flexible customization options
  • Employee expertise and retention rate
  • Positive reputation from social and cultural support
  • Active investment in cutting-edge technologies

Competitive Advantages

  • Unique AI-powered OCR platform not available from competitors
  • Superior big data generation and analysis accuracy
  • Proven track record in eKYC public authentication integration
  • Ability to serve diverse industries and customers
  • Rapid new service development structure
  • In-house technology ownership without reliance on SES or outsourcing
  • Accumulated know-how in data quality improvement
  • Enhanced social credibility through Keidanren membership and cultural support
  • High customer support ratings
  • Brand recognition in the small- and mid-cap market
  • Precise market needs analysis and product development
  • Technology foundation compatible with global standards

Threats

  • Rapid AI advancements leading to technology obsolescence from competitors
  • Risk of dependence on specific customers
  • Burden of complying with stricter personal information protection laws
  • Intensifying price competition in the market
  • Increase in new market entrants
  • Risk of customer migration to cloud services
  • Security risks from cyber attacks
  • IT investment cuts due to economic fluctuations
  • Talent shortage and employee turnover risks
  • Impacts from changes in public authentication systems
  • Increased operational costs from regulatory tightening
  • Loss of trust due to declining customer data quality

Innovations

2023: Advanced AI-Powered OCR

Overview
Improved recognition accuracy of AI-powered OCR and enabled support for new domains.
Impact
Document processing efficiency improved by 20%, contributing to higher customer satisfaction.

2022: Launch of eKYC Online Identity Verification Service

Overview
Developed and launched online authentication service integrated with public personal authentication infrastructure.
Impact
Adoption expanding mainly in the financial industry.

2021: Entry into Real Estate Tech Field

Overview
Developed AI-powered property price prediction model and launched market analysis service.
Impact
Contributed to expansion of customer base in real estate industry.

2020: Enhanced Big Data Analysis Platform

Overview
Revamped data cleansing functions to improve large-scale data processing capabilities.
Impact
Promoted increase in orders from large-scale customers.

Sustainability

  • Promotion of energy-efficient data centers
  • Resource reduction through paperless initiatives
  • Ongoing support for local cultural and educational activities
  • Strengthened information security based on legal compliance
  • Programs to support female engineers
  • Promotion of work-life balance for employees
  • Support for IT technology development contributing to low-carbon society
  • In-house awareness activities for environmental consciousness
  • Improved supply chain transparency
  • Workplace environment fostering diversity
  • Ongoing sponsorship of local events
  • Commitment to Sustainable Development Goals (SDGs)