Komehyo to Introduce AI-Based Used Goods Appraisal System

Economy Science Technology

Nagoya, Aug. 18 (Jiji Press)--Komehyo Co. <2780>, a Japanese recycle store operator, said Tuesday it will introduce an artificial intelligence-based system to appraise used brand goods.

The system can tell whether an item is fake and identify the model number of a genuine item using pictures taken with a microscope and other means, according to the company.

The introduction of the system will reduce the time needed for appraisal when buying used items from customers, Komehyo said.

The company will start using the system at its main outlet in Nagoya, Aichi Prefecture, central Japan, on Aug. 25. It plans to introduce the system at other outlets in and outside Japan in stages.

Komehyo will initially use the system to appraise Louis Vuitton goods, including bags and wallets. It said the system can identify whether an item is real or counterfeit with 99 pct accuracy.

[Copyright The Jiji Press, Ltd.]

Jiji Press