uSonar Receives the DSA DATA-EX Award for Data Society Promotion Contribution
— Data Society Alliance Recognizes Support for Data Utilization Using the LBC Corporate Database —

uSonar Co., Ltd. (Headquarters: Shinjuku-ku, Tokyo; Chairman: Nami Fukutomi; President: Katsuhito Nagatake; hereinafter "uSonar") is pleased to announce that it has received the 2024 DATA-EX Award for "Data Society Promotion Contribution" hosted by the Data Society Alliance (Minato-ku, Tokyo; Representative Director/President: Noriaki Okui, Chairman of Interfusion Consulting Co., Ltd.; hereinafter "DSA").
uSonar's initiative, "Support for Data Utilization Using the LBC Corporate Database," was highly evaluated for its contribution to the construction of a data-driven society.

Supported by the "Data Strategy" promoted by the Digital Agency and the Cabinet Office's "Strategic Innovation Promotion Program," the DSA is an organization that aims to realize a prosperous society (a "Data Society") through fair and free data distribution and utilization across sectors, achieved via industry-government-academia collaboration.
The DSA promotes "DATA-EX," a collective term for activities that provide common technologies and standards for various fields and industries to build their own data linkage platforms. This initiative aims to promote the effective use of data and enable the creation of new value.
Furthermore, through the "DATA-EX Award," the DSA recognizes individuals and organizations engaged in outstanding activities, research, and projects that have an impact on the promotion of a data society. Now in its fourth year, this award program includes various categories such as the "Utilization Idea Grand Prize," "Technology Grand Prize," "Research Encouragement Award," and "Art Award," in addition to the "Data Society Promotion Contribution Award." The "Data Society Promotion Contribution Award" received by our company honors individuals and corporations that have made significant contributions to the construction of a data society.

uSonar uses its proprietary corporate database, "LBC," to support the construction of data infrastructure across a wide range of industries and sectors, including central government ministries, as well as highly public-interest sectors such as finance, energy, information and communications, distribution, and manufacturing.
For example, by assigning common keys and latitude/longitude information to registry information (over 10 million records) from statistical surveys conducted by the Ministry of Economy, Trade and Industry, we have cooperated in visualizing identical and affiliated companies, thereby supporting the efficiency of Evidence-Based Policy Making (EBPM) operations. We believe these efforts were the basis for this recognition.

Click Here for the List of Award Winners https://data-society-alliance.org/press-release/13434/

Since its establishment in 1990, uSonar Co., Ltd. has been building and continuously updating its proprietary corporate database, LBC, under the corporate philosophy of "Supporting Society Through Proper Nouns." Based on LBC, we have supported various companies and government agencies in data utilization and operational efficiency improvements.
LBC covers 8.2 million business locations in Japan (with a 99.7% coverage rate), and we take pride in it being one of the largest corporate databases in the country. Guided by our philosophy of "Organizing Information for Every Company in Japan," we continue to collect and update data, maintaining a volume of over 12 million records, including historical information.

There are three main features of LBC.

1. Coding System LBC assigns a unique and immutable code to all business location data and investigates the relationships between these locations. This enables the systematization of linkages, such as headquarters-to-branch and parent-to-subsidiary relationships, realizing data management at the corporate group level. As a result, it becomes easier to grasp total sales and identify non-transactional partners at the group level, contributing to operational efficiency and data-driven organizational strategies.
2. Data Cleansing Expertise One of the use cases for LBC is the revitalization of a client's own internal database. We support the maintenance of client data by performing matching (reconciliation) processes with LBC data. In doing so, we leverage uSonar's cleansing expertise to achieve a high match rate. By functioning like a "dictionary," LBC enables advanced data cleansing (data matching).
3. Maintaining Freshness and Accuracy When the data sources used to build LBC are updated, those changes are reflected in LBC. For example, we can detect information updates based on a wide range of public data sources, such as corporate registries, securities reports, official gazettes, corporate telephone directories, and websites, ensuring that we always provide the latest information.

Reference URLs
Overview and Features of LBC https://usonar.co.jp/blog/5880.html
Monthly Data Update Counts by Category https://usonar.co.jp/service/lbc-realtime/

• Implementation Case at the Ministry of Economy, Trade and Industry
https://usonar.co.jp/case/20240926_169.html
• Application to the Independent Research Report "A Microcosm of Japanese Companies (≒ Japanese Economy)"
https://usonar.co.jp/news/20240717_704.html
• Implementation Cases in Various Business Sectors Including Finance, Infrastructure, and IT
https://usonar.co.jp/case/

About the Data Society Alliance

For Inquiries Regarding This Matter:
uSonar Co., Ltd. Public Relations (Hiyama/Sawada)
Email: ir@usonar.co.jp