ExaWizards

Basic Information

Stock Code
4259
Industry
Information and Communications
Category Detail
Systems & Software
Prefecture
Tokyo
Establishment Year
February 2016
Listing Year
December 2021
Official Website
https://exawizards.com/
TSE Information
TSE Information
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Yahoo! Finance
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Overview

ExaWizards is a Japanese AI development company established in 2016, tackling challenge resolution and social implementation across a wide range of industries using its proprietary platform.

Current Situation

ExaWizards recorded net sales of approximately 8.3 billion yen in the fiscal year ended March 2024, but posted an operating loss of 300 million yen. Centered on its core AI platform 'exaBase,' it offers corporate generative AI, social, and healthcare services, expanding its business scope through collaborations with diverse client companies. In 2023, it established a generative AI-focused subsidiary and began paid product offerings, achieving No. 1 market share in 2024 and enhancing technological competitiveness. It has engaged in numerous capital and business alliances and subsidiary acquisitions, focusing on DX promotion support and skills inheritance from skilled technicians. With sustainable social challenge resolution as its management philosophy, it also advances collaborations with regional companies like Tohoku Electric Power and Niigata Shimbun. In the medium to long term, it positions AI-driven enhancement of social infrastructure and expansion into health and medical fields as key growth strategies. It aims to become a leading AI market company by strengthening ongoing technological innovation and customer needs response.

Trivia

Interesting Facts

  • Relatively new AI venture established in 2016
  • One of Japan's leading companies with No. 1 market share in generative AI
  • Holds multiple AI-related specialized subsidiaries for diversified business
  • Rich track record of collaborations with major companies like Dai-ichi Life and Idemitsu Kosan
  • Possesses technology supporting skills inheritance from skilled technicians using AI
  • Provides low-code AI development environment to promote in-house development
  • Collaborates with Tohoku Electric Power for regional social infrastructure AI creation
  • Established joint generative AI research base with Niigata Shimbun
  • Fiscal year ended March 2024 saw sales growth but posted loss as growing company
  • 574 employees, relatively large scale for a young company
  • Over 60,000 corporate ChatGPT users
  • Transferred nursery ICT business to focus and select operations
  • Largest shareholders are investment funds like Beta Catalyst
  • President Makoto Haruta has been involved in management since 2016
  • Supports DX promotion across multiple industries using AI

Hidden Connections

  • Deep trust relationships with major financial institutions and insurance companies through capital and business alliances.
  • Advances AI implementation in social infrastructure through collaborations with regional power companies.
  • Provides proprietary generative AI platform to parent company Idemitsu Kosan to promote industrial applications.
  • Major insurance companies like Dai-ichi Life adopt exaBase Studio as AI development environment.
  • Collaborates with Niigata Shimbun to revolutionize media industry DX with AI technology.
  • Develops AI for industrial robots, contributing to efficiency of skilled operations at Nippon Steel.
  • Accelerating AI introduction in caregiving sector through Exa Home Care.
  • Strengthened specialized AI service deployment in sales support via Stadium subsidiary.

Future Outlook

Growth Drivers

  • Rapid expansion of corporate generative AI market
  • AI adoption expansion due to rising DX needs
  • Increasing demand for AI utilization in healthcare and caregiving
  • Strengthening orientation toward regional society and social challenge resolution
  • Business opportunity creation through strengthened partner collaborations
  • Customer in-house acceleration via low-code AI development environment dissemination
  • Competitiveness improvement through AI technology advancement
  • Trust enhancement through AI ethics and regulatory compliance
  • Customer base expansion via diversified cloud compatibility
  • New domain development through specialized subsidiary structure
  • Dissemination of generative AI solutions for local governments
  • Growth in AI services for regional infrastructure

Strategic Goals

  • Establish top recognition and share in domestic AI market
  • Acquire status as social enterprise contributing to sustainable social challenges
  • Achieve 500,000 users for corporate generative AI services
  • Achieve annual sales over 20 billion yen through DX and AI development support
  • Become AI market leader in healthcare and caregiving
  • Strengthen collaboration and alliance structure with diverse regional companies and local governments
  • Establish sustainable management and governance
  • Continuously invest over 1 billion yen annually in AI R&D
  • Foster innovative corporate culture through talent development and organizational strengthening
  • Realize both social value creation and profitability

Business Segments

Corporate AI Solutions

Overview
Supports corporate operational efficiency and DX promotion with AI.
Competitiveness
Advanced generative AI technology and track record across diverse industries
Customers
  • Manufacturing
  • Financial Institutions
  • Healthcare Companies
  • Local Governments
  • Insurance Companies
  • Energy Companies
  • Distribution
Products
  • exaBase Generative AI
  • exaBase IR Assistant
  • exaBase FAQ
  • exaBase Interview Summary

AI for Caregiving and Welfare

Overview
Supports improvement and efficiency of caregiving operations.
Competitiveness
Product development attuned to on-site needs
Customers
  • Care Facilities
  • Welfare Organizations
  • Medical Institutions
Products
  • CareWiz Turto

Products for Medical and Health Fields

Overview
Provision of AI services specialized in health and medical fields.
Competitiveness
Development in collaboration with medical experts
Customers
  • Medical Institutions
  • Pharmaceutical Companies
  • Healthcare Startups
Products
  • ExaMD AI Service

Energy Solutions

Overview
AI utilization proposals and systems for energy companies.
Competitiveness
Proven collaborations in the energy sector
Customers
  • Electric Power Companies
  • Energy-Related Companies
Products
  • AI Operation Optimization System

AI Development Support Services

Overview
Support for in-house AI development and consulting.
Competitiveness
Customizable low-code environment
Customers
  • Corporate R&D Departments
  • IT Companies
Products
  • exaBase Studio
  • Contract Development Services

Sales Support Solutions

Overview
AI products for sales support and customer response quality improvement.
Competitiveness
Specialized service deployment through subsidiaries
Customers
  • Call Center Operators
  • Sales Agencies
Products
  • Call Center Response Quality Improvement Service

Competitive Advantage

Strengths

  • Advanced AI technology development capabilities
  • Broad implementation track record across diverse industries
  • Leading position in generative AI
  • Strong partnership network
  • Specialized knowledge in medical and caregiving fields
  • Business diversification through numerous subsidiaries
  • In-house development support via low-code environment
  • Flexible cloud deployment compatibility
  • No. 1 share in growth markets
  • Robust R&D organization
  • Expanding paid user base
  • Promotion of regional community collaborations
  • Young, engineer-led organizational culture
  • Comprehensive capital and business alliance structure
  • High technology and social challenge resolution orientation

Competitive Advantages

  • Rapid product development through generative AI specialized subsidiary
  • Versatility and high scalability of exaBase platform
  • Track record with broad customer base in finance, manufacturing, medical, etc.
  • Contributions to social challenge resolution via regional collaborations
  • Enhanced credibility through capital and business alliances with industry leaders
  • Supports customer DX promotion by providing low-code in-house development environment
  • Strengthened domain-specific services via specialized subsidiaries
  • Preservation of industrial technologies through skilled technician skills inheritance support
  • Sustainable expansion of No. 1 market share products
  • Integrated provision of diverse AI services
  • Ongoing investment in cutting-edge technologies
  • Strong talent development and organizational culture
  • Broad business deployment leveraging service subsidiaries
  • Solution provision rooted in customer challenge resolution
  • Accelerated social implementation of AI utilization through regional and industry collaborations

Threats

  • Intensifying competition in domestic and international AI markets
  • Need to keep pace with rapid technological innovation
  • Risk of entry by major IT companies
  • Changes in regulations in customer industries
  • Impact of AI ethics and privacy issues
  • Share fluctuations due to growth of overseas major companies
  • Talent outflow risk
  • Investment restraint due to deteriorating economic environment
  • Customer acquisition difficulties due to lack of market awareness
  • Risk of dependence on specific customers
  • Competitiveness decline from delays in new technology adoption
  • Subsidy and support reductions due to policy changes

Innovations

2023: Establishment of Generative AI Specialized Subsidiary Exa Enterprise AI

Overview
Established a specialized company focused on developing and selling corporate ChatGPT-style services.
Impact
Rapid market deployment of generative AI products and acquisition of over 60,000 users.

2024: Establishment of Health and Medical Specialized AI Company ExaMD

Overview
Established a new company to deploy AI services specialized in medical and health fields.
Impact
Contributes to new customer development and technology strengthening in healthcare.

2023: exaBase Studio AWS Private Cloud Compatibility

Overview
Expanded customer usage environments by supporting diverse cloud environments.
Impact
Enables response to customers' flexible operation needs.

2023: Development of Call Center Response Quality Improvement Service

Overview
Leveraged fully subsidiary Stadium to expand sales support AI.
Impact
Contributes to sales efficiency and customer satisfaction improvement.

2024: Achieved No. 1 Market Share

Overview
Reached top share in generative AI implementation solutions market.
Impact
Promotes enhancement of brand power and credibility in the market.

2024: Business Alliance with Tohoku Electric Power for AI Services

Overview
Advances AI applications in power sector through regional company collaboration.
Impact
Strengthens AI implementation in social infrastructure.

2024: Collaboration on Niigata Shimbun Generative AI Research Lab Establishment

Overview
Initiated joint research and service development for AI technologies in media industry.
Impact
Supports DX promotion in media sector.

2024: Transfer of Photo AI VisionWiz Business to Kodomon

Overview
Deepened collaboration with major nursery ICT company to focus business selection.
Impact
Contributes to optimal allocation of management resources.

Sustainability

  • Contributions to social challenge resolution through regional collaborations
  • Promotion of support for elderly and care facilities using AI technology
  • Development of AI solutions contributing to environmental load reduction
  • Diversity promotion and support for diverse talent development
  • Corporate governance strengthening and transparency improvement
  • Operational efficiency and resource savings through DX promotion
  • Support for building sustainable social infrastructure
  • Regional industry revitalization and job creation
  • Welfare improvement through technology utilization in health and medical fields
  • Compliance with AI ethics guidelines and dissemination activities
  • Regional revitalization support through technology dissemination
  • R&D focused on social challenge resolution