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Business Alliances3967Eltes Co.,Ltd.Information and Communications, Services and Others

ELTES and Fortis Intelligence Advisory Begin Collaboration in Counterintelligence, Combining ELTES’s “Internal Fraud Detection” with Fortis’s “Intelligence” Expertise

ELTES and Fortis Intelligence Advisory have begun collaborating in the counterintelligence field by combining ELTES's internal fraud detection capabilities with FIA's counterintelligence expertise. The companies will advance the joint development and provision of solutions, research, information dissemination, and public-private partnerships, and jointly published a white paper as their first initiative.

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Agreements reached under this partnership

Business Alliances
3967Eltes Co.,Ltd.
Alliance partnerFortis Intelligence Advisory Co., Ltd.
Details of the alliance
  1. 1

    The companies will jointly develop and provide solutions that integrate the design of policies, organizational frameworks, technologies and training according to each organization's operations and existing management framework, supporting the organization from prevention through response.

  2. 2

    The companies will combine experts' threat analysis capabilities with detection and analysis expertise developed through IRI operations to jointly investigate and research trends and methods in intelligence activities, the relationship between external approaches and internal fraud, and methods for identifying and assessing indicators.

  3. 3

    To apply experts' knowledge for the benefit of society, the companies will communicate the principles of counterintelligence and ways to incorporate them into corporate practice through white papers, research reports, seminars and other means.

  4. 4

    Through dialogue among industry, government and academia, the companies will consider the sharing of threat and indicator information among companies, the respective roles of the public and private sectors, and approaches to consultation and cooperation between companies and relevant institutions. While giving due consideration to the appropriate handling of confidential and personal information, they will connect initiatives within individual companies to intercompany cooperation and public-private partnerships, promoting collaboration to protect organizations across society as a whole.

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

About the partner
Business DescriptionAn intelligence firm that protects companies' critical technologies, information, personnel and organizations by combining specialist knowledge of economic security and counterintelligence with AI and data analytics technologies. It supports clients across the counterintelligence field, from providing threat intelligence and assessing routes of information leakage to establishing management frameworks, designing and implementing countermeasures, and providing education and training.
LocationChiyoda-ku, Tokyo
Impact on Business Performance

The impact of this initiative on business performance is expected to be immaterial. If it is likely to have a material impact on the outlook for the next fiscal year and beyond, we will promptly disclose it.

Alliance start dateThe disclosure states that collaboration has begun, but the specific date is Not disclosed
Agreements reached under this partnership
ItemDetails
Name of alliance partnerFortis Intelligence Advisory Co., Ltd.
Alliance partner's business activitiesAn intelligence firm that protects companies' critical technologies, information, personnel and organizations by combining specialist knowledge of economic security and counterintelligence with AI and data analytics technologies. It supports clients across the counterintelligence field, from providing threat intelligence and assessing routes of information leakage to establishing management frameworks, designing and implementing countermeasures, and providing education and training.
Alliance partner's locationChiyoda-ku, Tokyo
Type of allianceBusiness Alliances
Details of the allianceThe companies will jointly develop and provide solutions that integrate the design of policies, organizational frameworks, technologies and training according to each organization's operations and existing management framework, supporting the organization from prevention through response., The companies will combine experts' threat analysis capabilities with detection and analysis expertise developed through IRI operations to jointly investigate and research trends and methods in intelligence activities, the relationship between external approaches and internal fraud, and methods for identifying and assessing indicators., To apply experts' knowledge for the benefit of society, the companies will communicate the principles of counterintelligence and ways to incorporate them into corporate practice through white papers, research reports, seminars and other means., Through dialogue among industry, government and academia, the companies will consider the sharing of threat and indicator information among companies, the respective roles of the public and private sectors, and approaches to consultation and cooperation between companies and relevant institutions. While giving due consideration to the appropriate handling of confidential and personal information, they will connect initiatives within individual companies to intercompany cooperation and public-private partnerships, promoting collaboration to protect organizations across society as a whole.
Alliance start dateThe disclosure states that collaboration has begun, but the specific date is Not disclosed
Impact on Business PerformanceThe impact of this initiative on business performance is expected to be immaterial. If it is likely to have a material impact on the outlook for the next fiscal year and beyond, we will promptly disclose it.
Items this document does not state (16)
Alliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionContract DateShare Acquisition Date and Payment DateChange 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.

As the protection of critical technologies and trade secrets held by companies, research institutions and others becomes an important economic security issue, the companies will combine ELTES's technological and operational expertise in internal fraud detection with FIA's specialist counterintelligence knowledge and track record in implementing countermeasures to support the protection of organizations.

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ELTES and Fortis Intelligence Advisory Begin Collaboration in Counterintelligence, Combining ELTES’s “Internal Fraud Detection” with Fortis’s “Intelligence” Expertise | Eltes Co.,Ltd. (3967) timely disclosure | Komori