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Business alliance265AHmcomm Inc.Information and Communications, Services and Others

Update on the collaboration with Needs Well Inc. (Progress of previously disclosed matters)

The transition to a capital and business alliance with Needs Well Inc. and the mutual acquisition of shares by the two companies have been discontinued. The existing business alliance will continue, and the companies will work to create and expand joint solutions.

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Agreements reached under this partnership

Discontinuation
265AHmcomm Inc.
Alliance partnerNeeds Well Inc.
Details of the alliance
  1. 1

    Combining Needs Well Inc.'s data analysis and data cleansing technologies with our company's sound and AI technologies to promote digital transformation for local governments, supporting the streamlining of municipal operations and the enhancement of resident services

  2. 2

    Creating and expanding joint solutions in areas including contact centers, using automated responses by AI operators and the transcription of call records

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

Capital and personnel relationships

This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).

Number of shares acquiredNo mutual acquisition of shares will take place, so the number of shares acquired is not stated.
Acquisition priceNo mutual acquisition of shares will take place, so the acquisition value is not stated.
Shareholding ratioNo mutual acquisition of shares will take place.
Shareholding PolicyIn connection with the discontinuation of the transition to a capital and business alliance, no mutual acquisition of shares will take place.
About the partner
Business DescriptionNeeds Well Inc. has expertise in data analysis and data cleansing technologies and is working to create and expand joint solutions in areas including the promotion of digital transformation for local governments and contact centers.
LocationChiyoda-ku, Tokyo
Impact on Business Performance

This matter will have no impact on results for the current fiscal year.

Date of board resolution2 April 2026Contract Date19 May 2025Alliance start date19 May 2025Share Acquisition Date and Payment DateNo mutual acquisition of shares will take place, Not disclosed
Agreements reached under this partnership
ItemDetails
Name of alliance partnerNeeds Well Inc.
Alliance partner's business activitiesNeeds Well Inc. has expertise in data analysis and data cleansing technologies and is working to create and expand joint solutions in areas including the promotion of digital transformation for local governments and contact centers.
Alliance partner's locationChiyoda-ku, Tokyo
Type of allianceDiscontinuation
Details of the allianceCombining Needs Well Inc.'s data analysis and data cleansing technologies with our company's sound and AI technologies to promote digital transformation for local governments, supporting the streamlining of municipal operations and the enhancement of resident services, Creating and expanding joint solutions in areas including contact centers, using automated responses by AI operators and the transcription of call records
Number of shares acquiredNo mutual acquisition of shares will take place, so the number of shares acquired is not stated.
Acquisition priceNo mutual acquisition of shares will take place, so the acquisition value is not stated.
Shareholding ratioNo mutual acquisition of shares will take place.
Shareholding PolicyIn connection with the discontinuation of the transition to a capital and business alliance, no mutual acquisition of shares will take place.
Date of board resolution2 April 2026
Contract Date19 May 2025
Alliance start date19 May 2025
Share Acquisition Date and Payment DateNo mutual acquisition of shares will take place, Not disclosed
Impact on Business PerformanceThis matter will have no impact on results for the current fiscal year.
Items this document does not state (9)
Alliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceChange in major shareholders

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The companies determined that their long-term, strategic collaboration could be fully achieved within the framework of a business alliance. In addition, as our company advances the expansion of its AI products and M&A activities, it prioritized the flexible use of capital.

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Update on the collaboration with Needs Well Inc. (Progress of previously disclosed matters) | Hmcomm Inc. (265A) timely disclosure | Komori