ExaWizards Inc. (Minato-ku, Tokyo; Representative Director and CEO: Makoto Haruta; hereinafter "ExaWizards") hereby announces that it has entered into a capital and business alliance agreement (hereinafter "the Alliance") with Sumitomo Mitsui Financial Group, Inc. (President and Group CEO: Toru Nakashima; hereinafter "SMFG"; the group is collectively referred to as "SMBC Group") for the purpose of promoting medium- to long-term AI utilization and digital transformation (DX), centered on AI-driven business transformation and product development. ExaWizards will invest in talent acquisition, development, and future M&A activities to serve as an AI strategic partner for the SMBC Group. In this capacity, the company will support business reform and sophistication through AI agents, assist in the construction of AI-driven development processes, and engage in the joint consideration of new business ventures.

☑ Background and Purpose of the Alliance AI technology has achieved remarkable progress recently, and its scope of application has expanded beyond research and analysis to include the autonomous execution of complex tasks as agents.

In light of these environmental changes, the SMBC Group has been promoting the introduction of AI into various operations and working to create an environment where officers and employees can effectively utilize AI.

Meanwhile, amidst a shrinking labor force, the group is working to fundamentally review internal operations and maximize the value provided to customers. Consequently, it is accelerating the implementation of AI—not only in internal operations but also in customer-facing products—more rapidly and broadly than ever before.

Against this backdrop, ExaWizards has been developing and providing AI and generative AI solutions and products under its mission of "Solving social issues through AI to create a happy society." The company contributes to corporate operational efficiency and productivity improvements through its extensive track record, AI technology, and implementation capabilities.

Through this alliance, ExaWizards will combine its AI technology, talent, and implementation know-how with the SMBC Group's operational expertise, customer challenges, and financial products to promote and accelerate the creation of use cases, requirements definition, development, and implementation across various business domains. Furthermore, in the medium term, the two companies envision collaborating on the sales of jointly developed AI products, and ExaWizards will expand and provide engineers to handle the SMBC Group's AI development and implementation.

☑ Overview of the Capital Alliance ExaWizards will conduct a third-party allotment of shares to SMFG as follows. For details regarding this matter, please refer to the timely disclosure announcement released today.

<Overview of Third-Party Allotment> Number of new shares issued: 9,550,000 shares Issue price: 565 yen per share Total issue amount: 5,395,750,000 yen Method of offering or allotment: Third-party allotment Allottee: SMFG (9,550,000 shares) Payment date: April 16, 2026

Following 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 Overview] Company Name: Sumitomo Mitsui Financial Group, Inc. Location: 1-1-2 Marunouchi, Chiyoda-ku, Tokyo Established: December 2002 Representative: Toru Nakashima, President and Group CEO Business Description: Management of banks and other companies that can be made subsidiaries under the Banking Act, and incidental businesses URL: https://www.smfg.co.jp/

[ExaWizards Company Overview] Company Name: ExaWizards Inc. (Securities Code: 4259) Location: Sumitomo Fudosan Mita First Building 5F, 4-2-8 Shibaura, Minato-ku, Tokyo Established: February 2016 Representative: Makoto Haruta, Representative Director and CEO Business Description: Industrial innovation and resolution of social issues through service development utilizing AI URL: https://exawizards.com/

FACT BOX

  • Source: PR TIMES
  • Category: partnership