Toyoda Gosei Adopts “exaBase IR Assistant”
– Utilizing Generative AI Technology to Focus on High-Value Information Disclosures –
Exa Enterprise AI Inc. (Minato-ku, Tokyo; President & CEO: Takuma Oue; hereinafter “Exa Enterprise AI”), a group company of ExaWizards Inc., has been selected by Toyoda Gosei Co., Ltd. (Kiyosu City, Aichi Prefecture; President & CEO: Katsumi Saito; hereinafter “Toyoda Gosei”) to provide “exaBase IR Assistant Powered by ChatGPT API” (hereinafter “exaBase IR Assistant”). Toyoda Gosei will utilize exaBase IR Assistant to help IR staff with value-added information disclosures.
Exa Enterprise AI aims to achieve a society where people can unlock their potential and face new challenges by providing generative AI services and products to improve productivity.
Toyoda Gosei, a member of the Toyota Group, has been considering using generative AI to maximize its limited resources and achieve a more open dialogue with capital markets. The company decided on “exaBase IR Assistant” to transform the process of creating IR materials and create a system that allows them to focus on high value-added, high-quality information disclosures.
☑ Background
Major changes are occurring in the automotive industry, and collaboration with stakeholders is important to achieving the management vision. Building strong relationships of mutual trust that provide value to society will allow them to adapt and evolve in this challenging business environment.
Toyoda Gosei places great importance on dialogue with capital markets, investors, analysts, and other stakeholders to enhance corporate value and provide feedback to management. They conduct individual meetings for analysts and institutional investors (FY2022: 109 times), results briefings for analysts and institutional investors (4 times a year), business briefings/facility tours and results briefings for analysts and institutional investors (3 times a year), conferences hosted by securities companies (twice a year), briefings for individual investors, and information dissemination via their website. They have been recognized by external organizations for their sustainability initiatives and IR communications.
☑ exaBase IR Assistant’s Track Record
exaBase IR Assistant has fielded inquiries from hundreds of listed companies since the product version launched in October 2023. The service is currently implemented by companies in the Prime, Standard, and Growth markets of the Tokyo Stock Exchange in a variety of industries and sectors. A wide range of departments, including IR, general affairs, legal, corporate planning, and accounting are using the service in response to financial results and at shareholder meetings.
☑ About exaBase IR Assistant
exaBase IR Assistant uses AI to generate potential questions that may be asked at financial results briefings, general shareholders’ meetings, press conferences, etc., and provides draft answers to those questions that includes company-specific information from IR documents and other data sources.
Exa Enterprise AI plans to link to external information to and release new functions for exaBase IR Assistant. Their efforts to improve the convenience of their products will promote “IR Tech,” which provides technological support for the disclosure practices of listed companies.
【Exa Enterprise AI Corporate Profile】
Company Name: Exa Enterprise AI Inc.
Location: 4-2-8 Shibaura, Minato-ku, Tokyo, 5F, Sumitomo Realty & Development Mita Twin Building East
Established: October 2023
Representative: Takuma Oue, Representative Director
Business: Planning, development, and sales of products and services for business reform and productivity improvement using AI technologies.
URL: https://exawizards.com/eai/
【ExaWizards Corporate Profile】
Company Name: ExaWizards Inc.
Location: 4-2-8 Shibaura, Minato-ku, Tokyo, 5F, Sumitomo Realty & Development Mita Twin Building East
Established: February 2016
Representative: Makoto Haruta, Representative Director & President
Business: Industrial Innovation and the Resolution of Social Issues via AI Service Development
URL: https://exawizards.com/en/
<Contact for public relations>
E-mail address of the Public Relations Division of ExaWizards Inc.: publicrelations@exwzd.com