Promoting Health Management and Improving Work Engagement with Digital Employee IDs and E-money

Kort Valuta Co., Ltd. (Headquarters: Shibuya-ku, Tokyo; Representative Director: Hideki Shibata, hereinafter "Our Company") announces that Kanto Tsushin Kogyo Co., Ltd. (Headquarters: Meguro-ku, Tokyo; Representative Director: Teruki Tamahara, hereinafter "Kanto Tsushin Kogyo") has introduced the next-generation wallet "TwooCa" as a new initiative utilizing electronic money, with the aim of promoting health management and improving work engagement.

Background

Kanto Tsushin Kogyo has been considering new internal measures, driven by challenges such as efficient management and operation of employee ID cards, enhancing employee sense of belonging, and improving welfare benefits. Furthermore, emphasizing the creation of an environment where each employee can work healthily and positively, they have positioned the improvement of work engagement as a key management theme. In this context, while considering the introduction of digital employee IDs and new initiatives that lead to improved employee engagement, our service "TwooCa" was evaluated for its functionality and scalability, leading to its adoption.

Overview

In this introduction, in addition to employee IDs, they will launch an in-house campaign (point granting initiative) utilizing electronic money provided by our company. This initiative grants employees points exchangeable for electronic money issued by our company, in recognition of their efforts towards improving their work environment and self-growth. In this initiative, actions such as "viewing health-related announcements" are designated as items for point granting, designed for natural participation within daily work.

The electronic money granted on the TwooCa app can be used for payments at merchants accepting international brand cards and can be used from 1 yen, allowing it to be used in daily life, such as at convenience stores, just like cash. This is characterized by its ability to lead to employees' so-called "third wage increase," or "actual disposable income improvement," through the utilization of electronic money*.

Furthermore, this initiative will be operated based on a one-year plan, and with our company's continuous support, an improvement in employee satisfaction is expected.

* Employees should note that granted electronic money may be treated as miscellaneous income or temporary income, etc.

Amidst continued price increases, the initiative of a "third wage increase" is attracting attention, particularly from the media. TwooCa is expected to support the actual disposable income improvement of employees through its electronic money utilization features, while also contributing to improved employee satisfaction (ES) and reduced turnover rates.

Our initiative was featured on TOKYO MX News as an effort to "improve actual disposable income" utilizing electronic money. ▶ Content here

What is TwooCa

TwooCa is a collective term for the various services provided by our company. The main services are offered through the TwooCa app, which features digital employee/member IDs with payment functionality for international brand cards. The payment-enabled cards linked to the app are prepaid, making them available to all employees and members (※ limited to residents in Japan). It also enables expense transfers and remittances between employees/members.

Furthermore, TwooCa was developed based on the concept that valuing employees and members leads to increased corporate and organizational value. It embodies the philosophy of "Kindness begets kindness (acts of consideration for others ultimately benefit the organization and society)" through technology.

View TwooCa Service Details

[TwooCa Feature List]

・Electronic Payments (supports contactless payments with international brand cards)

・Point Granting Utilizing Digital Money (evaluating employees' and members' daily actions and contributions*)

・Closed Mall for Professional Use (exclusive mall accessible only to employees and members of TwooCa adopting companies/organizations)

・Employee/Member ID Cards with IC Chips

・Remittance and Transfer Between Employees/Members

・Attendance and Departure Management

・Survey Log Management (continuously receiving, accumulating, and understanding feedback from employees and members)

・Bulletin Board (disseminating information from companies/organizations for smooth information sharing)

・Voice-based Mental Check Service (managing employee/member health and understanding daily conditions)

・Thank You Messages (mechanism for employees/members to convey gratitude and praise to each other / optional)

* Limited to those intended for welfare benefits that do not fall under wages according to the Labor Standards Act.

In addition, services that users might think "would be nice to have" are being expanded on an ongoing basis.

CEO Comment

Representative Director, Kanto Tsushin Kogyo Co., Ltd.

Mr. Teruki Tamahara's Comment:

As a "company that values its employees," we consider employee health to be the foundation of our management.

Through this initiative, we want to give concrete form to our gratitude towards the employees working on the front lines every day.

We expect that through TwooCa, the efforts of each employee will be visibly recognized and rewarded, leading to the creation of an environment where they can work more positively.

Future Outlook

At Kanto Tsushin Kogyo, as a "company that values its employees," we position employee health as the foundation of our management and are working to further promote health management. The company has made improving work engagement a key theme and is promoting the creation of an environment where each employee can work healthily and positively.

With the introduction of TwooCa, it is expected that the mechanism of evaluating and rewarding daily actions and efforts will lead to increased employee health awareness and the promotion of behavioral change. In the future, operations are envisioned that include expanding its role as internal infrastructure, such as its use as an internal portal.

Through TwooCa, we will support such initiatives and promote the provision of valuable experiences to both companies and employees. Moving forward, we will continue to support our adopting companies in solving their challenges by providing services that contribute to health management and work engagement improvement.

Kanto Tsushin Kogyo Co., Ltd. Overview

Company Name: Kanto Tsushin Kogyo Co., Ltd. https://kantuko.com/>

Location: 6-20-23 Shimomeguro, Meguro-ku, Tokyo

Representative: Teruki Tamahara

Business Overview: Sales, maintenance, and repair of communication equipment and services, as well as the implementation, operation, and maintenance of information systems.

Kort Valuta Co., Ltd. Overview

Company Name: Kort Valuta Co., Ltd. https://kortvaluta.com>

Location: Shibuya Pine Building 4F, 3-11-2 Shibuya, Shibuya-ku, Tokyo

Representative: Hideki Shibata

Business Overview: Issuance, planning, management, and operation of various cards, development and sales of smart rings.