#Japan #Nagoya #Open Inc. #RoboRobo #Meinan M&A

Open Inc. Partners with Meinan M&A

Open Inc., a subsidiary of Open Group Co., Ltd., based in Minato, Tokyo, announced a new partnership with Meinan M&A Co., Ltd., located in Nagoya, Aichi, specializing in M&A consultancy for SMEs. This collaboration aims to implement the RoboRobo Compliance Check service, which enhances compliance verification for companies preparing for initial public offerings (IPOs).

Objectives of the Partnership

Open provides the RoboRobo Compliance Check service, which plays a crucial role in ensuring that companies adhere to laws and regulations prior to going public. Meinan M&A, having received J-Adviser certification from the Tokyo Stock Exchange in October 2022, has been supporting companies in their journey towards listing on the Tokyo Pro Market. In this context, the double-check mechanism by Meinan M&A significantly strengthens the reliability of compliance assessments, ensuring that all partner companies are indeed devoid of links to antisocial forces.

Previously, Meinan M&A relied on manual processes for compliance checks, which proved to be cumbersome and slow as demand increased. Highlighting the need for more efficient solutions, the firm initiated a review of various tools, examining them on quality, speed, visual insights, and international compatibility. It was critical for Meinan M&A to process large datasets quickly, providing clear audit trails for the Tokyo Stock Exchange while also catering to clients with overseas transactions.

By employing the RoboRobo service, Meinan M&A successfully completed over 5,000 checks during its initial utilization, with results displayed according to relevance levels (high, medium, low), which allowed for a swift and efficient review process. The output of the history of checks and judgments in a single file facilitates clearer data visualization, with options for keyword settings in various languages, including English.

Expanding Usage of RoboRobo

The implementation of RoboRobo has significantly reduced the time required for compliance checks, thereby allowing Meinan M&A to allocate more resources to assist clients effectively. The internal response has been overwhelmingly positive, generating interest in expanding its usage among companies preparing for an IPO. RoboRobo’s established reputation with well-known enterprises lends credibility to its capabilities, making it an attractive choice for IPO preparation.

The compliance check process is a crucial component of any company's growth strategy, and enhancing operational efficiency while saving time is vital for achieving listing goals. Therefore, by choosing RoboRobo Compliance Check, Meinan M&A believes they are taking essential steps to mitigate risks while minimizing effort, thereby facilitating a smoother path to IPO.

Comments on Partnership Agreement

Kazunori Nakajima, the head of the IPO Support Division at Meinan M&A, emphasized that double-checking performed by J-Adviser-certified Meinan M&A enhances the reliability of compliance checks, a necessity in today’s rigorous business environment. It’s paramount that companies verify they have no dealings with antisocial entities and are ready to provide responsible confirmation methods.

“RoboRobo stands out as a trusted tool widely used by prominent companies, offering substantial support for those aiming for IPOs. It is indispensable to select reliable tools during critical times such as IPO assessments,” Nakajima stated, underscoring the importance of making informed decisions.

About RoboRobo Compliance Check

RoboRobo Compliance Check is a cloud-based service automating the verification of compliance with laws and societal norms against potential violations by partners. Utilizing advanced AI and LLMs, the system enhances decision-making efficiency for operational personnel through unique features like ‘AI Relevance Assessment’ and content summarization.

For more information, visit the service site: RoboRobo Compliance Check

Company Backgrounds

• - Meinan M&A

- Location: Nagoya, Aichi, Japan.
- Established: October 2, 2014.
- CEO: Yasuto Shinoda.
- Focus: M&A consulting, corporate advisory services, and financial advisory.
- Website: Meinan M&A

• - Open Inc.

- Location: Minato, Tokyo, Japan.
- Established: July 2013.
- CEO: Gaku Ishii.
- Focus: Information processing services using smart robots, consulting, and digital marketing.
- Website: Open