ExaWizards Concludes Capital and Business Alliance Agreement with Sumitomo Mitsui Financial Group

ExaWizards Inc. has entered into a capital and business alliance agreement with Sumitomo Mitsui Financial Group (SMFG). This alliance aims to promote mid-to-long-term AI utilization and DX, focusing on AI-driven business transformation and product development within the SMBC Group. ExaWizards will invest in talent acquisition and development, and future M&A, supporting SMBC Group as an AI strategic partner.
提携NQ 44/100出典:PR Times

📋 Article Processing Timeline

  • 📰 Published: April 1, 2026 at 00:45
  • 🔍 Collected: April 1, 2026 at 01:06 (21 min after Published)
  • 🤖 AI Analyzed: April 22, 2026 at 09:04 (511h 57m after Collected)
ExaWizards Inc. (Minato-ku, Tokyo; Representative Director, President and CEO: Makoto Haruta; hereinafter "ExaWizards") announces that it has concluded a capital and business alliance agreement (hereinafter "this Alliance") with Sumitomo Mitsui Financial Group, Inc. (Executive President and Group CEO: Tatsu Nakashima; hereinafter "SMFG," and the group collectively hereinafter "SMBC Group"), aimed at promoting mid-to-long-term AI utilization and DX, centered on AI-driven business transformation and product development. ExaWizards will invest in talent acquisition and development, and future M&A, supporting SMBC Group as an AI strategic partner in business reform and sophistication through AI agents, building AI-driven development processes, and jointly exploring new businesses. ## ☑ About the Background and Purpose of this Alliance AI technology has made remarkable progress recently, and its application areas are expanding beyond research and analysis to include autonomous execution of complex tasks as agents. In response to these environmental changes, SMBC Group has been promoting the introduction of AI into various operations and working to create an environment where executives and employees can effectively utilize AI. Meanwhile, amidst a declining working population, the group is fundamentally reviewing internal operations and, to maximize the value provided to customers, is promoting AI implementation more rapidly and broadly, not only for internal operations but also for customer-facing products. In this context, ExaWizards has been developing and providing AI and generative AI solutions and products under the mission of "realizing a happy society by solving social issues using AI." With extensive achievements, AI technology, and implementation capabilities, it contributes to improving corporate operational efficiency and productivity. In this Alliance, ExaWizards' AI technology, talent, and implementation know-how will be combined with SMBC Group's business knowledge, customer challenges, and financial products to promote and accelerate the creation of use cases, requirements definition, development, and implementation in various business domains. In the medium term, the two companies also envision collaboration on the sales of jointly developed AI products, and ExaWizards will expand and provide engineers responsible for SMBC Group's AI development and implementation. ## ☑ Overview of the Capital Alliance ExaWizards will conduct a third-party allotment of new shares to SMFG as follows. Please refer to the timely disclosure announced today for details on this matter. **** Number of new shares issued: 9,550,000 shares Issue price: 565 yen per share Total issue price: 5,395,750,000 yen Method of offering or allotment: Third-party allotment method Allottee: SMFG (9,550,000 shares) Payment date: April 16, 2026 After the issuance of common shares, SMFG's voting rights ratio will be 10.00% (rounded down to the third decimal place). **[Sumitomo Mitsui Financial Group Company Profile]** Company Name: Sumitomo Mitsui Financial Group, Inc. Location: 1-1-2 Marunouchi, Chiyoda-ku, Tokyo Established: December 2002 Representative: (Not specified in the provided text)