Agreements reached under this partnership
Establishment of a joint venture- 1
Co-creation of AI solutions in the non-life insurance sector
- 2
Development of an AI development environment and internal governance framework for future in-house development
- 3
Support for training AI professionals
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
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).
The impact of establishing this joint venture on the Company's business results has already been incorporated into the full-year earnings forecast for the fiscal year ending March 2027, announced on 12 May 2026.
| Item | Details |
|---|---|
| Name of alliance partner | MS&AD Insurance Group Holdings,Inc. |
| Alliance partner's business activities | As an insurance holding company, its purposes are to conduct the following businesses: 1. Management of non-life insurance companies, life insurance companies and other companies that may be made subsidiaries under the Insurance Business Act, together with related businesses; and 2. In addition to the businesses specified in the preceding item, businesses that an insurance holding company may conduct under the Insurance Business Act. |
| Alliance partner's location | Chuo-ku, Tokyo |
| Alliance partner's capital | ¥101,367 million (as of 31 March 2025) |
| Alliance partner's net sales | ¥7,653,030 million (fiscal year ending March 2026, consolidated ordinary revenue) |
| Type of alliance | Establishment of a joint venture |
| Details of the alliance | Co-creation of AI solutions in the non-life insurance sector, Development of an AI development environment and internal governance framework for future in-house development, Support for training AI professionals |
| Overview of the joint venture | Name MS&AD AX Co., Ltd. / Location 3-9 Kanda-Surugadai, Chiyoda-ku, Tokyo / Business Description Contracted AI development, including planning, PoC, development and system operations, and related services, including technology research, validation, and dissemination of information through technology communities / Capital Contributions ¥999 million / Ownership ratio MS&AD Insurance Group: 90.0%; ExaWizards: 10.0% |
| Ownership ratio | MS&AD Insurance Group: 90.0%; ExaWizards: 10.0% |
| Date of board resolution | 22 May 2026 |
| Contract Date | 22 May 2026 |
| Alliance start date | June 2026 (scheduled; date of establishment of the joint venture) |
| Impact on Business Performance | The impact of establishing this joint venture on the Company's business results has already been incorporated into the full-year earnings forecast for the fiscal year ending March 2027, announced on 12 May 2026. |
Items this document does not state (10)
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 ExaWizards' expertise in applying AI to financial operations and its AI technologies with MS&AD Group's operational expertise in the insurance business and its data assets, in order to address security and compliance constraints on the use of AI by financial institutions.