ASIOT

What ASIOT does

ASIOT Co., Ltd. (アシオット株式会社) is a Tokyo-based venture founded in June 2020 that commercializes an edge-AI-powered meter reading platform under the brand A Smart (エースマート). The company's core offering retrofits existing analog electricity, gas, water, and industrial meters with attachment-style AIoT cameras — the FALCON 201 (LTE-M/NB-IoT) and FALCON 501 product lines — that perform OCR-style dial reading on-device and transmit readings via low-power wide-area cellular networks (now certified across NTT Docomo, KDDI, SoftBank, and Rakuten Mobile) to a cloud dashboard. The technology rests on a jointly developed edge-AI inference stack optimized for Renesas RE01 ultra-low-power microcontrollers, supporting anomaly detection (leak, reverse flow, non-use, excessive flow), image-plus-text verification with up to 1,000 most recent readings stored, and integrations with THIRD Corporation's 'Kanriroid' AI building management platform and SCSK Corporation's 'ZEBiT' decarbonization solution.

The company sells A Smart as a bundled subscription (camera rental plus monthly cloud service, Standard/Professional/Enterprise tiers tied to reading cadence), with entry pricing starting at a few hundred yen per meter per month and eligibility for up to 1.5 million yen in Japanese IT Introduction Subsidies. Go-to-market combines direct enterprise field sales with channel partnerships — most notably SCSK for commercial buildings, Adoc International for local government and public facilities, and THIRD for AI building management deployments. Customer logos span building/property management (JR West General Building Service, Tokyo City Service, Toda Building Partners, Daiwa Living), manufacturing (Shimadzu, Kurosaki Harima), retail (Kohnan Shoji), senior housing (Kintetsu Smile Life), events/venues (Expo 2025 Osaka-Kansai), and municipal water utilities (Nagasaki Prefecture Hasa-mi Town). The company has raised 180 million yen in pre-Series A funding led by UB Ventures in December 2022 and remains pre-Series A as of January 2026, when it relocated headquarters to Toranomon Hills Business Tower and appointed David Zhu (朱暁華), former Huawei Japan founding member, as President while founder Yohei Mikami (三上 楊平) retained Representative Director and CTO roles.

Name

ASIOT

Legal name

アシオット株式会社

Website

https://asiot.jp

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

ASIOT is a Tokyo-based venture (founded 2020) that sells A Smart, an edge-AI-powered automatic meter reading service using attachment-style AIoT cameras (FALCON 201/501) to retrofit existing analog electricity, gas, and water meters for enterprise building managers, manufacturers, retailers, and municipalities in Japan.

Ownership category

akta.pro rank

Product category

IoT Smart Metering Services

NAICS

Other Measuring and Controlling Device Manufacturing (334519), Totalizing Fluid Meter and Counting Device Manufacturing (334514), Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515)

SIC

Measuring & Controlling Devices, Nec (3829), Instruments For Meas & Testing Of Electricity & Elec Signals (3825), Totalizing Fluid Meters & Counting Devices (3824)

akta.pro primary industry

Advanced Metering Infrastructure (AMI) & Smart Metering (EUADAPAB)

akta.pro secondary industries

AMI Smart Meters (Electric) & Meter Hardware (EUADAFAA), Advanced Metering Infrastructure (AMI) & Smart Meter Analytics (Meter Data for NRW) (EUANAKAC)

Keywords

• Edge AI metering
• IoT meter reading
• Smart building sensors
• Automatic utility metering
• AIoT platform services

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Supply Chain, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. AIoT Camera Hardware Rental: Rental of FALCON series AIoT cameras for meter reading, with different models available for various use cases. Hardware rental is bundled with cloud service.
2. Cloud Service Subscription: Monthly cloud service fees for data transmission, storage, dashboard access, and analysis features. Pricing varies by plan tier (Standard, Professional, Enterprise) based on reading frequency.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

A Smart is a subscription-based automatic meter reading service that retrofits existing analog electricity, gas, water, and industrial meters with attachment-style AIoT cameras (FALCON 201/501). Edge AI on the camera reads meter values, transmits them via LPWA to a cloud dashboard, and triggers anomaly alerts, reducing on-site inspection labor by up to 90% and supporting automated invoice and inspection workflows for building owners, property managers, manufacturers, retailers, and municipal utilities.

Product overview

ASIOT operates as an AIoT platform company offering edge AI-powered automatic meter reading solutions. The core product is A Smart (エースマート), a service that uses attachment-style AIoT cameras (FALCON 201/501) to retrofit existing analog meters with remote reading capabilities. The portfolio includes the main A Smart service with three service tiers, specialized FALCON hardware devices, and legacy products including face recognition and temperature management services. A Smart is positioned as an ESG-conscious solution that reduces inspection labor by up to 90% through automation.

Differentiator

Problem solved

Functional benefit

Brands

• A Smart (エースマート): Edge AI-powered automatic meter reading service that automates meter inspection and data visualization for electricity, gas, and water utilities through attachment-style IoT cameras.
• FALCON 201
• FALCON 501

Products and services

• A Smart (エースマート) Edge AI-powered subscription service that attaches FALCON AIoT cameras to existing analog electricity, gas, water, and industrial meters to enable remote automatic reading, real-time anomaly detection, and automated invoice/inspection workflows; targets building owners, property managers, manufacturers, retailers, and municipal utilities in Japan and reduces on-site inspection labor by up to 90%.
• FALCON 201 Attachment-style AIoT camera device for automatic meter reading on existing analog electricity, gas, and water meters; installs in minutes without construction, runs on long-life battery power, and transmits via NB-IoT or LTE-M to the A Smart cloud with IP67 dust and water resistance.
• FALCON 501 Next-generation attachment-style AIoT camera device for automatic meter reading and inspection automation, with enhanced capabilities versus FALCON 201, used as the on-device edge AI endpoint for the A Smart service.
• A Smart Service Plans (Standard / Professional / Enterprise) Tiered monthly subscription plans for the A Smart service differentiated by meter reading frequency and feature set: Standard (monthly reading plus invoice and usage fee statements), Professional (daily reading for inspection efficiency), and Enterprise (hourly reading with advanced customization and enhanced security).
• 省力化温度管理サービス (Labor-saving Temperature Management Service) Temperature management service that uses ASIOT's OCR camera to automatically read freezer or refrigerator thermometers, transmits temperature data to the cloud, and sends email or SMS alerts when anomalies occur; originally targeted COVID-19 vaccine storage monitoring.
• Face Plus AIコンシェルジュ (Face Plus AI Concierge) Face recognition combined with body surface temperature detection platform for building access control and attendance management, co-developed with iFLY Solutions Japan.

Quantifiable outcome

• Up to 90% reduction in meter reading operational workload
• +3 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability6 records

Feature6 records

Partnerships

Six partnerships are on record, tiered major and core.

• THIRD CorporationmajorTechnology or Integration · 3 July 2025A Smart integrated with THIRD's AI building management cloud system 'Kanriroid' for Osaka-Kansai Expo deployment. A Smart meter reading data automatically syncs with Kanriroid platform for unified energy visualization and facility management across 100+ buildings.
• Rakuten MobilemajorTechnology or Integration · 24 June 2025FALCON 201 series obtained Rakuten Mobile IoT certification (mutual connectivity certification). This enables connection to all four major Japanese carriers (NTT Docomo, KDDI, SoftBank, Rakuten Mobile). Certification validates device compatibility and communication stability on Rakuten Mobile network.
• Adoc International CorporationcoreChannel Partner/ Reseller/ Distributor · 27 May 2025Adoc International signed sales agent agreement for A Smart to deploy in local government and public facilities. Adoc will provide proposal, installation, and operational support using their local government expertise and regional network. Partnership focuses on water utility DX and anomaly detection for schools and public facilities.
• SCSK CorporationcoreChannel Partner/ Reseller/ Distributor · 1 November 2024SCSK entered sales agency agreement for A Smart meter reading DX service. A Smart will be integrated with SCSK's ZEBiT decarbonization solution for carbon emission management in commercial buildings. The partnership enables real-time meter data integration for CO2 emission calculations based on measured data.
• Renesas Electronics CorporationcoreTechnology or Integration · 9 June 2021ASIOT's embedded AI OCR technology featured in Renesas partner solutions for RE Family ultra-low power MCUs. ASIOT provides embedded AI engines with neural network compression technology enabling real-time object detection and segmentation on low-cost MCUs.
• Osaki Electric (大崎電気工業)coreStrategic or Co-development Partner · 18 February 2021Joint development of smart building system with Osaki Electric. First product is OCR meter reading system enabling existing mechanical meters to function like smart meters. Partnership targets 1,000 facilities by end of 2025. Osaki brings meter market expertise while ASIOT provides IoT/AI technology.

Scale indicators2 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• Landis+Gyr: Global leader in AMI and smart metering for electric, gas, and water utilities. Direct competitor in automated meter reading, though Landis+Gyr historically deploys full replacement smart meters and headend systems rather than ASIOT's retrofit camera approach.
• Itron: Global AMI and smart infrastructure provider serving electric, gas, and water utilities with metering, communications, and analytics. Closely comparable product/market overlap with A Smart, though Itron's meter reading solutions typically require full smart meter deployment rather than retrofit edge AI cameras.
• Sensus (Xylem): AMI/smart metering provider (now part of Xylem) with utility-focused automated meter reading for water, gas, and electricity. Comparable in target customers and outcome (remote meter reading), though Sensus solutions rely on integrated smart meters rather than ASIOT's attachment-style approach.

Broad incumbents

• Toshiba: Japanese conglomerate with established AMI, smart grid, and building infrastructure product lines. Overlaps with ASIOT's smart metering and energy visualization offerings, but Toshiba operates across a much broader portfolio including grid-scale systems and industrial automation.
• OKI Electric: Japanese electronics company with long-standing AMI and smart meter product lines for electric and gas utilities. Directly comparable in automated meter reading for utilities, though OKI is a much larger, diversified incumbent serving telecom and industrial customers as well.
• Hitachi: Global conglomerate with smart infrastructure, energy management, and building solutions (including Lumada). Comparable to ASIOT in building energy and IoT data management, but Hitachi's portfolio spans grid, rail, industrial, and IT services well beyond ASIOT's meter-reading focus.
• Honeywell: Global building and industrial automation company with utility/energy management and building management system offerings. Overlaps with ASIOT's energy-visualization and building management integration use case, though Honeywell operates a much broader energy, BMS, and process automation portfolio.

Emerging players

• Soracom: Japanese IoT connectivity platform providing cellular IoT data communication and edge compute services. Shares the Japanese IoT/meter-reading ecosystem with ASIOT and supports similar LPWA-based deployments, but operates at the connectivity layer rather than as a meter-reading application.

Others

• Cognex: Industrial machine vision company providing AI image processing for factory automation, quality inspection, and industrial sensing. Comparable to ASIOT in the underlying edge-AI computer vision technology stack, though Cognex applications focus on factory inspection rather than utility meter reading.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/asiotjp
• Facebookfacebook.com/ASIOT

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ASIOT