Spices Code and SB Foods Announce Capital and Business Partnership

Spices Code Inc. (the 'Company') announced that it has concluded a basic agreement for business cooperation with SB Foods Co., Ltd. (hereinafter 'SB Foods') and has received a capital investment from SB Foods through a third-party allotment of shares to facilitate the business alliance.

Background of the Partnership In food development, the experience and sensibility of artisans, accumulated over many years, have underpinned the quality and uniqueness of products. However, as challenges such as diversifying consumer needs, shortened development cycles, and the succession of skilled human resources have become more prominent, passing on and evolving artisanal knowledge has become a common theme across the industry.

Through the development and provision of the ERP/Business AI Agent platform, centered on 'Rocalme Order,' the Company has been working on business optimization using AI agent technology. As a company that operates its own food distribution business, it has advanced the development of AI products backed by on-site expertise.

SB Foods is a comprehensive food manufacturer that has long contributed to the development of Japanese food culture, centered on spices, herbs, and curry, and has a wealth of artisanal knowledge accumulated over generations in its product development sites. By combining the Company's AI agent technology, natural language processing, and machine learning models with the sensibilities and data accumulated by SB Foods, the two companies believe they can realize a new form of food development where AI and humans collaborate, leading to this partnership.

Purpose of the Partnership Based on the basic agreement for business cooperation, both companies will first proceed with collaboration in the following area:

They will conduct joint research to scientifically decode the structure of the sense of 'deliciousness' based on human emotion and to extract and systematize the knowledge held by skilled food developers through the use of AI agents.

By combining the Company's AI technology, natural language processing, and machine learning models with the sensibilities and various data accumulated by SB Foods over many years, they aim to pass on the company's knowledge to the next generation, expand its value, and realize an AI capable of handling 'deliciousness.'

Strengths of Spices Code The Company's greatest strength lies in possessing both technology and deep knowledge of specific domains. Operating its own food distribution business allows the Company to develop AI agent technology with a thorough understanding of on-site business challenges. Through this approach of 'developing AI products while operating the business itself,' it realizes highly practical solutions tailored to actual business operations, rather than purely theoretical technology.

The self-developed ERP/Business AI Agent platform, 'Rocalme Order,' is a next-generation solution born from the fusion of such on-site expertise and AI technology.

Future Outlook Through this partnership, the Company will accelerate the social implementation of the 'collaboration model between AI agents and artisans' in cooperation with SB Foods. Instead of replacing the sensibility and experience of artisans with AI, the Company will position AI agents as partners that extract and expand these capabilities, contributing to the realization of better food development.