{"id":86169,"date":"2026-07-21T16:35:34","date_gmt":"2026-07-21T07:35:34","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/3121-20260721-01_wp_business_update\/"},"modified":"2026-07-21T16:35:34","modified_gmt":"2026-07-21T07:35:34","slug":"3121-20260721-01_wp_business_update","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-3121\/ir\/3121-20260721-01_wp_business_update\/","title":{"rendered":"Establishment of a Joint Venture to Expand Business in Security Cameras | July 2026"},"content":{"rendered":"<p>Merchant Bankers has established a joint venture with AI TECHNOLOGY to aim for the top domestic manufacturer of AI security cameras. The subsidiary is scheduled to be established in August 2026, with minimal impact on the earnings for the fiscal year ending October 2026.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3121","jir_company_name":"Merchant Bankers Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-07-21","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/3121-20260721-01.pdf","jir_short_summary":"Merchant Bankers has established a joint venture with AI TECHNOLOGY to aim for the top domestic manufacturer of AI security cameras. The subsidiary is scheduled to be established in August 2026, with minimal impact on the earnings for the fiscal year ending October 2026.","jir_summary":"### Overview of Business Strategy and Joint Venture Establishment\nMerchant Bankers has established a joint venture, DogEye Corporation, with AI TECHNOLOGY, to strengthen the development and sales of AI security cameras. Leveraging their extensive manufacturing experience, AI TECHNOLOGY plans to sell new products for detached houses in August 2026. The joint venture aims to sell surveillance cameras and image processing systems, with a capital of 1 million yen and investment ratios of 50% each. This initiative is part of the company\u2019s strategy to expand its business in the security field.\n\n### Future Outlook and Impact\nThe establishment of the joint venture is expected to contribute to the medium- to long-term performance improvement of the corporate group, though its impact on earnings for the fiscal year ending October 2026 is anticipated to be minor. Any significant developments will be promptly disclosed. The strategy focuses on responding to the increasing societal demand for security cameras by expanding sales channels and product lineups.","jir_financial_highlights":"Capital: Unknown (Unknown)\nScheduled Subsidiary Establishment Date: Early August 2026 (Unknown)\nInvestment Ratio: 50.0\uff05 (Unknown)","jir_category":"","jir_hashtags":"#MerchantBankers, #BusinessStrategy, #JapanStocks","jir_key_figures":"Capital: 1 million yen (planned)\nScheduled Subsidiary Establishment Date: Early August 2026\nInvestment Ratio: 50.0\uff05 (each company)","jir_meta_title":"\u3010Merchant Bankers\u3011 Establishment of a Joint Venture to Expand Security Camera Business | July 2026","jir_meta_description":"Merchant Bankers is establishing a joint venture with AI TECHNOLOGY, planning to establish a subsidiary in August 2026. The goal is to expand the security camera business and enhance long-term performance.","jir_og_title":"\u3010Merchant Bankers\u3011 Security Camera Joint Venture Establishment | July 2026","jir_og_description":"Merchant Bankers is establishing a joint venture with AI TECHNOLOGY to expand the security camera business. The subsidiary is scheduled to be established in August 2026.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59567,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-86169","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Establishment of a Joint Venture to Expand Business in Security Cameras | July 2026 - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-3121\/ir\/3121-20260721-01_wp_business_update\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-3121\/ir\/3121-20260721-01_wp_business_update\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-3121\/ir\/3121-20260721-01_wp_business_update\/\",\"name\":\"Establishment of a Joint Venture to Expand Business in Security Cameras | July 2026 - 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