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Business Alliances7378ASIRO Inc.Information and Communications, Services and Others

Notice of the execution of a basic agreement with Griffin Corp. regarding a litigation cost advance service and the commencement of joint consideration toward a limited proof-of-concept trial

ASIRO Inc. has entered into a basic agreement with Korea-based Griffin Corp. to jointly study the institutional framework and business model for a service in Japan under which a third party advances litigation costs. The parties will first design the framework and assess practical needs, with a view to conducting a limited pilot if the necessary conditions are met.

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Agreements reached under this partnership

Business Alliances
7378ASIRO Inc.
Alliance partnerGriffin Corp.
Details of the alliance
  1. 1

    Design of the institutional framework and business model and assessment of practical needs

  2. 2

    A limited pilot after establishing the necessary conditions

  3. 3

    Determination of whether to proceed with a full-scale rollout based on the pilot results

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 DescriptionApplication software development, online information services, operation of the comprehensive legal platform “Law&Good” and litigation cost financing services, and related activities
LocationGangnam-gu, Seoul, Republic of Korea
Share capitalKRW 16,500,000,000 (including capital surplus as of 30 June 2026)
Contract Date25 August 2026Alliance start date25 August 2026 (start date of Phase 1)
Agreements reached under this partnership
ItemDetails
Name of alliance partnerGriffin Corp.
Alliance partner's business activitiesApplication software development, online information services, operation of the comprehensive legal platform “Law&Good” and litigation cost financing services, and related activities
Alliance partner's locationGangnam-gu, Seoul, Republic of Korea
Alliance partner's capitalKRW 16,500,000,000 (including capital surplus as of 30 June 2026)
Type of allianceBusiness Alliances
Details of the allianceDesign of the institutional framework and business model and assessment of practical needs, A limited pilot after establishing the necessary conditions, Determination of whether to proceed with a full-scale rollout based on the pilot results
Contract Date25 August 2026
Alliance start date25 August 2026 (start date of Phase 1)
Items this document does not state (15)
Alliance 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 resolutionShare Acquisition Date and Payment DateImpact on Business PerformanceChange 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.

To combine ASIRO’s knowledge of domestic user needs and operational expertise with Griffin’s knowledge of litigation cost financing services accumulated in Korea, assess the feasibility of creating a new option compatible with Japanese law, professional rules governing attorneys, user protection requirements and domestic practices, and thereby pursue new business opportunities.

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Notice of the execution of a basic agreement with Griffin Corp. regarding a litigation cost advance service and the commencement of joint consideration toward a limited proof-of-concept trial | ASIRO Inc. (7378) timely disclosure | Komori