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Business Alliances6177AppBank Inc.Information and Communications, Services and Others

Notice of Entering into a Basic Agreement with ジャスミー株式会社 to Promote Joint Business in the AI and Data Fields

AppBank and Jasmy have executed a basic agreement to jointly plan, develop and commercialize AI- and data-related services, beginning with Money Twin, by combining PDL, GPU infrastructure and AI BANK. No provisions involving the acquisition of shares or capital investment have been disclosed.

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Agreements reached under this partnership

Business Alliances
6177AppBank Inc.
Alliance partnerJasmy Incorporated
Details of the alliance
  1. 1

    AI services for individuals and corporations

  2. 2

    Service rollout using AI BANK

  3. 3

    Data-utilization services based on the individual's intent and consent

  4. 4

    GPU and AI computing services

  5. 5

    Domain-specific AI services and related offerings

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 DescriptionProvision of platforms and solutions for IoT
LocationMinato-ku, Tokyo
Impact on Business Performance

The impact of the collaboration under this MOU on our earnings forecasts is currently under review, and we will disclose the matter promptly if it becomes clear that disclosure is necessary. The impact of this MOU on our earnings is minor.

Agreements reached under this partnership
ItemDetails
Name of alliance partnerJasmy Incorporated
Alliance partner's business activitiesProvision of platforms and solutions for IoT
Alliance partner's locationMinato-ku, Tokyo
Type of allianceBusiness Alliances
Details of the allianceAI services for individuals and corporations, Service rollout using AI BANK, Data-utilization services based on the individual's intent and consent, GPU and AI computing services, Domain-specific AI services and related offerings
Impact on Business PerformanceThe impact of the collaboration under this MOU on our earnings forecasts is currently under review, and we will disclose the matter promptly if it becomes clear that disclosure is necessary. The impact of this MOU on our earnings is minor.
Items this document does not state (17)
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 DateAlliance start 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.

The companies determined that combining Jasmy's data management and AI infrastructure technologies with AppBank's service development, AI BANK, media and marketing capabilities to continuously create services that use individual and corporate data with AI, as well as data-utilization services based on the individual's intent and consent, would contribute to the expansion of both companies' businesses and the enhancement of their corporate value.

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Notice of Entering into a Basic Agreement with ジャスミー株式会社 to Promote Joint Business in the AI and Data Fields | AppBank Inc. (6177) timely disclosure | Komori