TAKARA PRINTING CO., LTD. announced that ExaWizards Inc. decided at its Management Meeting to enter into a business alliance with TAKARA PRINTING CO. Ltd. This Business Alliance will allow the two companies to work together to develop innovative services and products, including sales representation for the launch of "exaBase IR Assistant powered by ChatGPT" ("exaBase IR Assistant"). This Business Alliance will also allow for the development of AI technology and DX for disclosure operations, from accounting practices for closing accounts to IR activities after announcements.

TAKARA PRINTING's core product is "X-Smart /WwLabo," a system that prepares disclosure documents, and their growth strategy is to enhance their online and web services. These two companies have agreed to a business alliance to jointly develop and cooperate in marketing innovative services and products that introduce AI technologies and DX, utilizing the strengths and products of both companies for disclosure operations. Through this alliance, company will create "Disclosure Tech" to provide consistent support for the disclosure practices of listed companies, from working with disclosure figures, incorporating them into financial statements, and post-disclosure investor relations activities.

It is increasingly important to communicate with global capital markets. The spread of the Stewardship Code and Corporate Governance Code has increased scrutiny of P/B ratios and human capital disclosures, and has increased investor proposals at shareholder meetings. Outline of the Business Alliance.

Through this Business Alliance, TAKARA PRINTING and the Company will leverage each other's domain expertise in customer base, products, sales strategies, customer support, and technological and business development capabilities in the digital and AI domains to create "Disclosure Tech," primarily through the following initiatives. Sales collaboration and representation with TAKARA PRINTing for the launch of exaBase IR Assistant in September 2023. Ongoing discussions for joint development and implementations in Disclosure Tech.

Introduction of "exaBase Generative AI powered by GPT-4" and "exaBase IR Assistant" to promote DX within TAKARA PRINTING. The two companies will expand collaboration across many fields over the medium- to long-term to expand mutual business and improve productivity at Japanese companies.