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Other Disclosures8601Daiwa Securities Group Inc.Financials (excluding banks)

Announces proof-of-concept results for post-quantum cryptography (PQC) technology in online services: efforts to strengthen security for the quantum computing era

Daiwa Securities Group published the results of a proof of concept conducted with NEC Corporation, F5 Networks Japan G.K. and DigiCert Japan G.K. on applying post-quantum cryptography (PQC) to online services. The parties have identified issues including traffic volumes and standardization trends in preparation for full-scale implementation, and will advance their implementation policy going forward.

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Announced details

Daiwa Securities online servicesPost-quantum cryptography (PQC)
Applicable field (uses covered by this announcement)

Security of internet communications in online services operated by securities companies and financial institutions

What the company reported numerically
Quantitative Effects

The increase in processing time associated with PQC key exchange is limited. However, larger key sizes increase traffic volumes and packet counts. Specific figures are Not disclosed.

Relationship between the counterparty and the company
Daiwa Securities Group Inc.8601
Relationship with the Company

Daiwa Securities and Daiwa Institute of Research conducted the proof of concept in collaboration with NEC, F5 Networks and DigiCert. F5 Networks provided a PQC-enabled ADC, while NEC and DigiCert provided specialized expertise. Capital and personnel relationships are Not disclosed.

CounterpartyNEC CorporationF5 Networks Japan G.K.DigiCert Japan G.K.

NEC has research achievements and expertise in quantum technologies. F5 Networks provides an application delivery controller (ADC) that supports PQC. DigiCert is one of the world's leading certificate authorities and participates in the development of internet standards. Other information, including location, representative, capital and year established, is Not disclosed.

In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.

Source (materials cited by the company)

White paper published on the Daiwa Institute of Research website

Announced details
ItemDetails
Names of Products / Services CoveredDaiwa Securities online services, Post-quantum cryptography (PQC)
CounterpartyNEC Corporation, F5 Networks Japan G.K., DigiCert Japan G.K.
Counterparty overviewNEC has research achievements and expertise in quantum technologies. F5 Networks provides an application delivery controller (ADC) that supports PQC. DigiCert is one of the world's leading certificate authorities and participates in the development of internet standards. Other information, including location, representative, capital and year established, is Not disclosed.
Relationship with the CompanyDaiwa Securities and Daiwa Institute of Research conducted the proof of concept in collaboration with NEC, F5 Networks and DigiCert. F5 Networks provided a PQC-enabled ADC, while NEC and DigiCert provided specialized expertise. Capital and personnel relationships are Not disclosed.
Applicable areaSecurity of internet communications in online services operated by securities companies and financial institutions
Quantitative EffectsThe increase in processing time associated with PQC key exchange is limited. However, larger key sizes increase traffic volumes and packet counts. Specific figures are Not disclosed.
SourceWhite paper published on the Daiwa Institute of Research website
Items this document does not state (11)
Contract ValueOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocationLocation scaleUsage historyImpact on Business Performance

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 strengthen the security of internet communications for online services in preparation for the possibility that the security of conventional public-key cryptography could eventually be compromised as quantum computers become practical.

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Announces proof-of-concept results for post-quantum cryptography (PQC) technology in online services: efforts to strengthen security for the quantum computing era | Daiwa Securities Group Inc. (8601) timely disclosure | Komori