Notice regarding acquisition of shares of PCF FRONTEO Inc. (making it a wholly owned subsidiary)

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2020.08.26 Press release

--To the press -

Notice regarding acquisition of shares of PCF FRONTEO Inc. (making it a wholly owned subsidiary)

Further strengthen research capabilities in the cyber security field

FRONTEO Inc.
Masahiro Morimoto, President and CEO
2-12-23 Konan, Minato-ku, Tokyo
(Code number: 2158 TSE Mothers)

FRONTEO Inc. (Headquarters: Minato-ku, Tokyo, President: Masahiro Morimoto, hereinafter FRONTEO) is a consolidated subsidiary today, PCF FRONTEO Inc. (Headquarters: Minato-ku, Tokyo, President: Shusaku Nozaki, hereinafter PCF) FRONTEO) has resolved to make it a wholly owned subsidiary of FRONTEO on September 2020, 9 by acquiring the shares held by minority shareholders (acquisition of own shares).

 

Since its establishment in 2010, PCF FRONTEO has provided information leakage investigations and information security management support services for the credit card industry, and has enhanced the latest knowledge, know-how and investigation technology to respond to unauthorized access from the outside. I did.The cashless industry has been growing rapidly in recent years, but especially in the last six months, the demand and use of online shopping on EC sites has been increasing among consumers due to the influence of the new coronavirus infection.In an environment where many cases of unauthorized access related to EC sites are occurring due to the market size and the increase in the user base, PCF FRONTEO can quickly resume business and minimize opportunity loss by promptly solving problems by forensics. It contributes to the conversion.

 

By making PCF FRONTEO a wholly owned subsidiary, we will utilize the network forensic investigation capabilities and security consulting capabilities of PCF FRONTEO in our forensic investigations, which will lead to further strengthening of our ability to respond to security incidents. I will come.

 

・ Company name PCF FRONTEO Inc. (https://www.pcf.co.jp/)

・ Established August 2010, 8

・ Capital 20 million yen (of which 10 million yen capital reserve)

・ Location 12-23-8 Konan, Minato-ku, Tokyo Meishan Takahama Building XNUMXth floor

・ Business content

    1. Forensic research and evaluation specializing in payment cards

    2. Forensic investigation in the event of a security incident

    3. PCI DSS compliance support service

    4. WEB application diagnosis

    5. Penetration diagnosis

    6. Information security consulting

 

 

The impact of this matter on FRONTEO's business results for the fiscal year ending March 2021 will be minor.

 

 

FRONTEO is an in-house developed AI engine "KIBIT" that specializes in natural language processing.®"And" concept encoder®Is a data analysis company that supports the business of a company by extracting meaningful and important information from a huge amount of text data using. Since its establishment in August 2003, it has been expanding globally to Japan, the United States, South Korea, and Taiwan, focusing on legal tech businesses such as "e-discovery (electronic evidence disclosure)" and "digital forensic investigation" that support international litigation of companies. Has been deployed.Based on the AI ​​technology cultivated in the legal tech business, we will expand the business field to the life science field and business intelligence field from 8, and use AI to "turn text data into knowledge" to support drug discovery. , Dementia diagnosis support, financial, personnel, sales support, etc., contributing to solving various corporate issues. Listed on TSE Mothers on June 2014, 2007.The capital is 6 thousand yen (as of March 26, 2,568,651).

 

<Contact for inquiries regarding this matter>

FRONTEO Inc.
Public Relations Takigawa
Email: pr_contact@fronteo.com