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Other Disclosures298AGVA TECH,Inc.Information and Communications, Services and Others

Mitsubishi HC Capital Inc. has adopted the legal automation solution “OLGA”.

Mitsubishi HC Capital Inc. has adopted OLGA, a legal automation platform provided by GVA TECH. The company aims to streamline legal operations and accumulate and utilize legal knowledge by centralizing the intake and management of legal consultations, contract review, and contract management through OLGA.

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Improvement
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Wording
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Announced details

Legal automation system “OLGA (Orga)”
Applicable field (uses covered by this announcement)

Legal operations, contract review, legal consultations, contract management, and contract lifecycle management (CLM)

What the company reported numerically
Usage history

Adopted by Mitsubishi HC Capital Inc.

Relationship between the counterparty and the company
GVA TECH,Inc.298A
Relationship with the Company

GVA TECH provides OLGA and Mitsubishi HC Capital Inc. has adopted it, constituting a business relationship. Capital and personnel relationships: Not disclosed

CounterpartyMitsubishi HC Capital Inc.

Head office: Shin-Marunouchi Building, 1-5-1 Marunouchi, Chiyoda-ku, Tokyo; Representative: Hisai Taiki (久井 大樹), Representative Director, President and Executive Officer; Employees: 7,950 on a consolidated basis and 2,111 on a non-consolidated basis; Capital: ¥33,196,047,500; Business: leasing of various types of property, installment sales of various types of property, and various financing services

In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.

Announced details
ItemDetails
Names of Products / Services CoveredLegal automation system “OLGA (Orga)”
CounterpartyMitsubishi HC Capital Inc.
Counterparty overviewHead office: Shin-Marunouchi Building, 1-5-1 Marunouchi, Chiyoda-ku, Tokyo; Representative: Hisai Taiki (久井 大樹), Representative Director, President and Executive Officer; Employees: 7,950 on a consolidated basis and 2,111 on a non-consolidated basis; Capital: ¥33,196,047,500; Business: leasing of various types of property, installment sales of various types of property, and various financing services
Relationship with the CompanyGVA TECH provides OLGA and Mitsubishi HC Capital Inc. has adopted it, constituting a business relationship. Capital and personnel relationships: Not disclosed
Applicable areaLegal operations, contract review, legal consultations, contract management, and contract lifecycle management (CLM)
Usage historyAdopted by Mitsubishi HC Capital Inc.
Items this document does not state (12)
Contract ValueOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocationLocation scaleQuantitative EffectsImpact on Business PerformanceSource

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.

Mitsubishi HC Capital handles several hundred contract reviews and legal consultations each month, and faced challenges including fragmented consultation channels, scattered records of responses and knowledge, and insufficient quantitative analysis. It adopted OLGA to reduce the workload of its sales and legal departments and establish a structure that allows the legal department to focus on strategic legal work.

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Mitsubishi HC Capital Inc. has adopted the legal automation solution “OLGA”. | GVA TECH,Inc. (298A) timely disclosure | Komori