LegalTech Launches 'Intellectual Property Decision Accumulation' Feature to Track Patent Filing and Maintenance Decisions

LegalTech Inc. has added an Intellectual Property (IP) decision accumulation feature to its AI-powered IP platform, 'Tokkyo.Ai'.
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LegalTech Inc. (Headquarters: Minato-ku, Tokyo; President: Tomoyuki Hirai; hereinafter 'LegalTech') has launched a new feature for its IP AI platform, 'Tokkyo.Ai,' that allows users to record and accumulate the decision-making process regarding patent filings, maintenance, and utilization.

This feature enables users to document the rationale behind decisions—such as 'why we are filing' or 'why we chose to maintain a patent'—in a chat format, making it easy to review and reuse this information in the future.

Background: Growing Interest in the Explainability of IP Decisions

Traditionally, patent management has often focused on the act of 'filing' or 'maintaining' patents, with the underlying reasoning frequently left undocumented.

However, in recent years, the importance of explaining the positioning and ownership rationale of IP has increased due to:

  • An increase in business restructuring and spin-offs
  • The sophistication of M&A due diligence
  • Growing interest from investors and financial institutions in the valuation of intangible assets

In the era of AX (AI Transformation), there is a heightened demand for quality management of patent portfolios alongside the increase in invention creation.

Overview of the New Feature

Tokkyo.Ai enables the following by recording the patent research and evaluation process in a chat format:

  • Accumulation of thought processes during invention evaluation and prior art searches
  • Re-referencing of research results and evaluation history
  • Support for decision-making through comparison with past evaluations

This allows users to look back on the thought processes and judgments made during evaluations, contributing to the continuous improvement of IP strategy accuracy.

Intended Use Cases

  • Sharing the status of patent evaluations in management meetings
  • Organizing patent information during business restructuring
  • Preparing foundational materials for M&A due diligence
  • Creating supplementary explanatory materials for investors and financial institutions

Tokkyo.Ai aims to serve as a foundation for treating patents not merely as held assets, but as 'assets that can be utilized based on evaluation history' by accumulating the research results and decision-making processes.

■ MyTokkyo.Ai Product Site

https://www.tokkyo.ai/pvt/

Future Developments

LegalTech plans to expand the visualization functions for IP decisions and, in the future, will proceed with industry-specific templates and enhanced integration with financial perspectives. The company is committed to supporting the implementation of explainable IP strategies in the AX era.

Company Overview

Company Name: LegalTech Inc.
Established: March 2021
Capital: 379 million JPY (including capital reserves)
President: Tomoyuki Hirai
Address: 4F Toranomon 40MT Building, 5-13-1 Toranomon, Minato-ku, Tokyo
URL: https://www.legaltech.co.jp/
Business Overview:
Provision and development of the patent search and invention extraction platform 'MyTokkyo.Ai', the IP knowledge base 'IPGenius', and the secure data room 'LegalTech VDR'.