AVILEN Corporation(Chuo-ku, Tokyo; Kotaro Takahashi, President; hereinafter "AVILEN") announces that Japan Post Capital Corporation (Chiyoda-ku, Tokyo; Toshiya Maruta, President; hereinafter "Japan Post Capital") has increased its stake in the Company through a share transfer from existing shareholders, in order to further accelerate collaboration with the Japan Post Group.

Summary

Since its establishment in 2018, AVILEN has been supporting AI-driven DX promotion through the development and implementation of AI software using machine learning algorithms such as deep learning for more than 530 companies, mainly listed companies, under the vision of "bringing the latest technology to as many people as possible". We are supporting the promotion of AI-driven DX through the development and implementation of AI software using machine learning algorithms such as deep learning.

NYK Capital actively invests in startup companies with high growth potential that can solve social issues by leveraging the NYK Group's network.

Since last year's capital and business alliance, AVILEN and the Japan Post Group have been working together to promote the digital transformation ("DX") that the Japan Post Group has been working on as a whole, and have established an organizational development program to improve DX literacy, together with JP Digital Corporation (*1) ("JP Digital"), a specialized unit in the DX domain. (*1), a unit specializing in the DX domain, in the promotion of digital transformation ("DX").

Specific results of initiatives and future directions

AVILEN has been working with JP Digital to establish an organizational development program to improve the DX literacy of the entire Japan Post Group, and has already provided training programs for approximately 6,500 employees of the Japan Post Group.

We will continue to support the Japan Post Group's DX promotion and expansion of digital services by further improving the DX literacy of the Japan Post Group, thereby enhancing the corporate value of the Japan Post Group and our company. We aim to enhance the corporate value of the Japan Post Group and our company.

(*1) A subsidiary that supports the Japan Post Group's DX promotion in a group-wide and flexible manner.

(Official corporate website: https://jp-digital.jp/ )

Comments from both companies on this announcement

Kotaro Takahashi, President of AVILEN, Inc.

AVILEN is a company that provides one-stop support for corporate DX through the development and implementation of AI software to enrich Japan through technology. Since our business alliance with Japan Post Group last year, we have been working on a number of data-driven projects to improve productivity at post offices. Through this increase in the investment ratio, we will further deepen our collaboration and support the management reforms of the Japan Post Group from various perspectives.

Toshiya Maruta, President and Representative Director, Japan Post Capital Co.

NYK Capital aims to expand group earnings over the medium to long term by investing in startup companies with growth potential by leveraging the NYK Group's network, brand power, and other assets. By raising its investment ratio in AVILEN, the company and AVILEN will work together to strengthen the Japan Post Group's DX promotion and improve business efficiency through the use of AI technology. In particular, we expect that AVILEN and NYK Capital, which have the ability to utilize and develop the latest AI technologies in each case of the Japan Post Group companies that possess various types of big data, will jointly materialize the development of AI technologies.

◆About AVILEN Corporation

Location: 9F Akihabara First Square, 2-3-3 Nihonbashi Bakurocho, Chuo-ku, Tokyo

Business: With a vision of "bringing the latest technology to as many people as possible," AVILEN provides AI solutions, mainly AI-powered software development and build-up packages (support for building AI/DX organizations), to more than 530 companies (*1), mainly listed companies. We support AI transformation in a comprehensive manner, from improving the availability of corporate technology use to AI implementation.

(*1) Actual number of companies served as of February 2023

Official website: https://corp.avilen.co.jp/