uSonar Receives the DATA-EX Award for "Data Society Promotion Contribution" from DSA
— 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," DSA is an organization that aims to realize a prosperous society (a "Data Society") through fair and free data distribution and utilization across sectors, driven by industry-government-academia collaboration.
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," 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 system 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 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 assist in visualizing identical or 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/

Under the corporate philosophy of "Supporting Society Through Proper Nouns," uSonar Co., Ltd. has been building and updating its proprietary corporate database, "LBC," since its establishment in 1990. Based on LBC, we have supported data utilization and operational efficiency for various companies and government agencies.
LBC covers 8.2 million business locations in Japan (a 99.7% coverage rate), and we take pride in it being one of the largest corporate databases in the country. Guided by the philosophy of "Organizing information on 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 primary features of LBC.

1. Code System LBC assigns a unique and immutable code to all business location data and investigates the relationships between these locations. This enables the systematic linking of headquarters to branches and parent companies to subsidiaries, facilitating data management at the corporate group level. Consequently, it becomes easier to calculate total sales by group and identify prospective clients, contributing to improved operational efficiency and data-driven organizational strategy.
2. Data Cleansing Expertise One key use case for LBC is the revitalization of a client's proprietary database. We support the maintenance of client data by performing matching processes against LBC data. In this process, we leverage uSonar's cleansing expertise to achieve a high matching rate. By functioning as 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 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 most current information.

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

• Case Study: 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 (and the Japanese Economy)"
https://usonar.co.jp/news/20240717_704.html
• Case Studies in Finance, Infrastructure, IT, and Other Business Sectors
https://usonar.co.jp/case/

About the Data Society Alliance

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