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Business alliance4176coconala Inc.Information and Communications, Services and Others

Notice Regarding the Establishment of a Joint Venture with Elith Co., Ltd.

ココナラ and Elith will establish a joint venture, ココナラエリス, to conduct AI safety assessments and verification, among other activities. ココナラ will contribute 51% and Elith 49%, with the company scheduled to be established on 1 November 2026.

Worth reading
53Recurring
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Direction
Neutral
Direction inferred from the company’s description.
Scale
10
¥ millions (joint venture's capital stock)
Wording
Conditional
How definitive the wording is.

Agreements reached under this partnership

Establishment of a joint venture
4176coconala Inc.
Alliance partner株式会社Elith
Details of the alliance
  1. 1

    Sale of Elith's existing products

  2. 2

    The two companies will plan and incorporate into products the functions required by corporate customers, based on the GENFLUX series

  3. 3

    Measures against shadow AI, including the visualization, control and recording of in-house AI use

  4. 4

    AI quality assessment, including assessing whether AI responses contain errors or content that differs from the facts

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).

Ownership ratio株式会社ココナラ 51.0%; 株式会社Elith 49.0%
Overview of the joint ventureName 株式会社ココナラエリス / Location Shibuya, Tokyo / Business Description Businesses involving AI safety assessment and verification and AI agents / Capital Contributions ¥10 million / Ownership ratio 株式会社ココナラ 51.0%; 株式会社Elith 49.0%
Dispatch of directors and officers株式会社ココナラ will appoint Representative Director, President and CEO Suzuki Ayumu (鈴木歩). The dispatch and acceptance of other officers are not disclosed
About the partner
Business DescriptionAI research and development, AI product development, and provision of AI solutions
LocationBunkyo-ku, Tokyo
Share capital¥10 million
Net SalesNot disclosed at the counterparty's request
Operating profitNot disclosed at the counterparty's request
Impact on Business Performance

At this point, we believe that the impact of this matter on the Company's consolidated results for the fiscal year ending August 2027 will be immaterial.

Date of board resolution13 October 2026Contract Date13 October 2026Alliance start date1 November 2026 (scheduled)
Agreements reached under this partnership
ItemDetails
Name of alliance partner株式会社Elith
Alliance partner's business activitiesAI research and development, AI product development, and provision of AI solutions
Alliance partner's locationBunkyo-ku, Tokyo
Alliance partner's capital¥10 million
Alliance partner's net salesNot disclosed at the counterparty's request
Alliance partner's operating incomeNot disclosed at the counterparty's request
Type of allianceEstablishment of a joint venture
Details of the allianceSale of Elith's existing products, The two companies will plan and incorporate into products the functions required by corporate customers, based on the GENFLUX series, Measures against shadow AI, including the visualization, control and recording of in-house AI use, AI quality assessment, including assessing whether AI responses contain errors or content that differs from the facts
Overview of the joint ventureName 株式会社ココナラエリス / Location Shibuya, Tokyo / Business Description Businesses involving AI safety assessment and verification and AI agents / Capital Contributions ¥10 million / Ownership ratio 株式会社ココナラ 51.0%; 株式会社Elith 49.0%
Ownership ratio株式会社ココナラ 51.0%; 株式会社Elith 49.0%
Dispatch of directors and officers株式会社ココナラ will appoint Representative Director, President and CEO Suzuki Ayumu (鈴木歩). The dispatch and acceptance of other officers are not disclosed
Date of board resolution13 October 2026
Contract Date13 October 2026
Alliance start date1 November 2026 (scheduled)
Impact on Business PerformanceAt this point, we believe that the impact of this matter on the Company's consolidated results for the fiscal year ending August 2027 will be immaterial.
Items this document does not state (8)
Number of shares acquiredAcquisition priceShareholding ratioContract PeriodNumerical targets under the allianceShareholding PolicyShare 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.

The joint venture will combine ココナラ's corporate customer base and sales capabilities with Elith's AI research and development and AI product development capabilities to provide products in the corporate AI security field.

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Notice Regarding the Establishment of a Joint Venture with Elith Co., Ltd. | coconala Inc. (4176) timely disclosure | Komori