FRONTEO: Nishimura & Asahi Law Office and FRONTEO organize “Economic Security Initiative”

FRONTEO inc.
Masahiro Morimoto, President and CEO
東京都港区港南 2-12-23
(Code number: 2158 TSE Mothers)

Nishimura & Asahi Law Office (Location: Chiyoda-ku, Tokyo) and FRONTEO Inc. (Headquarters: Minato-ku, Tokyo, Chairman: Masahiro Morimoto, hereinafter FRONTEO) have deep understanding of economic security on January 1. Inviting a guest speaker, we hosted an “Economic Security Initiative” conference on the topic of economic security solutions using legal system outlines, due diligence and AI.

(L to R) Nishimura & Asahi Law Office of Counsel Jie Ono, Liberal Democratic Party Member of the House of Representatives Akira Amari, FRONTEO Chairman/CEO Masahiro Morimoto, Director/AI Solution Business Management and President’s Office Mari Yamamoto

This conference is intended for directors and officers of Japanese companies operating globally, as well as executives in the legal affairs, compliance department, purchasing department, materials department and procurement department related to the economic security. In addition to presenting the risk measures that Japanese companies need to be aware of in terms of economic security in the laws and regulations of the United States and China, we position the economic security measures of companies as an opportunity for new strategies of growth and explain the strategic efforts.・ The goal is to elevate.

Realization of “security” by “economics”, such as the establishment of departments bearing the word “economic security” in various enterprises and ministries and agencies in response to the intensification of the world situation such as the battle for hegemony technology between the United States and China in recent years. The movement to aim is spreading.

Reflecting this situation, the conference received numerous inquiries from business people in various fields immediately after the announcement of the event, and about 800 people registered to attend. Of these, about half were listed companies with an annual turnover of 1 trillion yen, and about 1000% were related to departments such as legal affairs and business management related to security issues of the company.

In addition, in the questionnaire collected after the event, 84% of respondents answered that they “recognize that this is a problem that must be tackled immediately” *1 for the problem of economic security, and businessmen’s interest in this problem. The result confirms the rise of.

On the other hand, more than half of respondents*2 have not yet decided when to tackle economic security measures, and it seems that many companies are interested in this issue but have not yet made an effort. concrete. It was an answer.

*1 “We are considering countermeasures for issues that should be resolved immediately” (25.26%), “Issues that should be resolved immediately, but we are currently collecting information” (38.95%) “Already aware of problems, taking action” (20.00%)

*2 Regarding economic security efforts, 51.58% answered “Undecided”, 3% started within 17.89 months, 6% within 3.16 months and 3.16% after XNUMX year.

In the keynote address, Attorney Masaru Ono of Nishimura & Asahi Law Office of Counsel gave a positive opportunity for economic security to reform previous corporate governance, review global value chain and rebuild businesses and supply chains. He pointed out that he can be too. He pointed out that there is a need for a proactive shift to aggressive management by strategically understanding each country’s movements and the company’s situation, rather than viewing the issue as mere regulation or risk.

Following this, Akira Amari, a member of the Liberal Democratic Party, invited as a special guest, gave a keynote speech, stating that building economic security will determine the fate of the country. It can be a weapon of the Liberal Democratic Party and sometimes destroy the country and the company. From an opposite point of view, if well equipped, it will protect the company and deter the country. “He stressed the importance of working together on this issue.

Akira Amari, Member of the House of Representatives giving an opening speech

During session XNUMX, Kazuho Nakajima, partner of the law firm Nishimura & Asahi, explained the regulations related to economic security in the United States and China, as well as the risks and countermeasures that Japanese companies must be aware.

In session 10, partner Masahiro Heike discussed trends in regulations related to economic security and points to keep in mind when conducting supply chain risk investigations, which become more and more necessary in light of these trends. ..

During Session XNUMX, Mari Yamamoto, Director of FRONTEO who is in charge of the AI ​​solutions business and General Manager of the President’s Office, will speak to demonstrate the use of AI as the network of the supply chain and shareholder-controlled network analyzes as examples of the use of AI for economic security. I explained that it is possible to visualize the situation surrounding a company and to support the formulation of an optimal management strategy by introducing concrete examples.

In the closing keynote, Masahiro Morimoto, President and CEO of FRONTEO, said, “High-tech solutions are essential for analyzing huge and complex networks such as substantial shareholder control and supply chains. We would like to help solve this problem by providing advanced information analysis as a package. ”

Closing speech by Morimoto

FRONTEO organizes every month since April 21 study sessions inviting experts and, following this initiative, FRONTEO will continue to inform the personnel of the companies on the strategic initiatives in terms of economic security measures. We plan to continue providing, making recommendations and providing explanations.

In addition, by expanding the functions of the “Seizu Analysis” network analysis system equipped with “Looca Cross” AI, we support the discovery of information that enterprises want to know in a short time and the taking of decision for strategic planning related to economic security. I will come.

Click here for more information on FRONTEO’s cost-effective security solutions.https://osint.fronteo.com/

■ About Nishimura & Asahi Law Firmhttps://www.nishimura.com

Nishimura & Asahi is Japan’s largest international law firm that provides one-stop services of the highest level of legal services by working closely with more than 18 domestic and foreign lawyers in 700 bases around the world.

Nishimura & Asahi has the fundamental mission of realizing a prosperous and just society based on the rule of law, and promises to “guide you forward” to all parties involved, and develops customers and society. Will contribute to.

FRONTEOURL: https://www.fronteo.com/

FRONTEO uses the in-house developed AI engine “KIBIT”, “conceptencoder” and “Looca Cross” specialized in natural language processing to extract meaningful and important information from a huge amount of text data, and is used by companies. A data analytics company that supports businesses. Since its inception in August 2003, it has expanded globally to Japan, the United States, South Korea and Taiwan, with a focus on legal technology companies such as “electronic discovery (electronic discovery)” and “digital forensic investigation” which support international corporate litigation. has been deployed.Based on the AI ​​technology cultivated in the legal technology industry, we have expanded the business field to the life science field, the business intelligence field and the OSINT from 8, and created using AI to “turn textual data into knowledge”. We help solve various business issues such as medication support, dementia diagnosis support, financial, personal and business support. Listed on TSE Mothers in June 2014, 2007. January 6, 26 Obtained a first-class medical device manufacturing and sales license (license number: 2021B1X13). The capital is 13 thousand yen (as of March 1, 10350).

* FRONTEO, KIBIT and concept encoder are registered trademarks of FRONTEO in Japan.

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