Survey on trends in economic security initiatives published on official blog About half of the total measures are in progress Manufacturers are further implementing measures

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2023.05.17 Press release

--To the press -

Survey on trends in economic security initiatives published on official blog About half of the total measures are in progress Manufacturers are further implementing measures

The key word is “supply chain.” Expectations for the use of AI to deal with the huge supply chain.

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

    FRONTEO Co., Ltd. (Headquarters: Minato-ku, Tokyo, President: Masahiro Morimoto, hereinafter referred to as FRONTEO) conducts a questionnaire survey on the economic security issues of companies, the status of efforts, and the impact on business. Investigation” was conducted and the results were published on the official blog “Economy Security Blog”.

 

<Background of the survey>

    Due to the Russia-Ukraine War, concerns about the Taiwanese emergency, and the escalating economic conflict between the United States and China, the impact on global transactions is becoming apparent. response to economic security is accelerating.In addition, in response to this situation, an increasing number of companies are considering and implementing measures for economic security.This survey was carried out with the aim of clarifying the status of progress and the actual conditions of the challenges faced in the process of these efforts, and contributing to the promotion of economic security measures by Japanese companies.

 

<Summary of the survey>

Survey implementation period: January 2023
Survey body: FRONTEO Co., Ltd.
Survey target: Persons in charge of economic security initiatives at companies, etc.*1
Survey method: Internet survey
Number of valid responses: 94

 

<Summary of survey results>

●Each company has a different approach to economic security, with about 4% of companies taking concrete measures such as establishing specialized organizations, about 3% of companies at the consideration stage, and about 2% of companies not yet taking measures. rice field.However, even companies that had not yet responded felt the need to take countermeasures.

●There are expectations for the Japanese government to support the collection of the latest global trends in an accurate and timely manner.

●In terms of economic security measures, expectations for AI are particularly high for measures related to supply chains.

 

    In addition to this, this survey is conducted on a wide range of survey items, including responses to Taiwan emergencies and responses to technology leaks, and all items are published on the FRONTEO corporate website and economic security blog. increase.

<FRONTEO Economic Security Blog>

https://osint.fronteo.com/survey-report-may.2023

  

<Survey result details>

① Industry and company size

    Approximately 6% of valid responses in this survey were from the manufacturing industry, accounting for an overwhelming majority compared to other industries.It can be seen that there is a high level of interest in economic security in the manufacturing industry, which has a global and wide-ranging supply chain.

    Looking at the size of companies in terms of sales, about 1% of companies have sales of 3 trillion yen or more, and more than 1000% have sales of 6 billion yen or more.


Economic Security Effort Company

② Status of efforts for economic security
 About half of the companies that responded to the question of the status of their efforts for economic security had already taken some measures, such as establishing specialized departments and launching projects.On the other hand, about XNUMX% of companies were in the investigation/preparation stage, and about XNUMX% of companies had not yet responded, indicating a difference in the status of their efforts.

 Among the respondents' affiliation, only the manufacturing industry, which was the most frequent, answered that "not dealt with" was 5 points or more less than the overall response. Many responses indicated good progress.It can be read that the efforts for economic security in the manufacturing industry are ahead of other industries.

Status of economic security initiatives

③ Expectations of the Japanese government regarding economic security 
 As for what they expect from the Japanese government in terms of economic security, the most common answer was "collection and provision of data."It is presumed that it is difficult for a single company to collect the latest global trends accurately and in a timely manner. It is believed that appropriate measures and corporate activities can be implemented based on this, so it can be seen that companies have high expectations.

 followed by Security Clearance*2High interest was also shown in the legalization ofThe institutionalization of security clearance is a high-priority topic that is being discussed at the Economic Security Promotion Council, which is headed by the Cabinet Secretariat.The institutionalization of security clearance in Japan is also important from the perspective of conducting joint research with overseas companies, research institutes, and researchers.It was shown that early institutionalization is expected in order to maintain Japan's technological superiority and promote advanced technology research.

Expectations of the Japanese government in terms of economic security

④ Regarding economic security measuresAIexpectations for

 Regarding the expectations and needs for AI in terms of economic security measures, in response to a written question about the specific content, the responses were "Understanding the supply chain," "Preventing technical data leakage," and "Presuming the military diversion of traded items." ”, indicating a desire to use AI to understand and manage a huge supply chain.Among them, there was also an answer of "AI by Japanese technology", indicating the heightened awareness of information security in economic security measures.

Expectations for AI in economic security measures


    As the global economic situation changes from moment to moment, companies need to implement more measures than ever before, such as analysis of increasingly complex supply chains and networks related to research and development, in order to promote economic security measures. I am under pressure. FRONTEO provides a solution that utilizes the in-house developed natural language processing AI engine "KIBIT" in order to make strategic and prompt decisions for Japanese companies facing the newly emerging issue of economic security. As a solution partner, we will contribute with our technical capabilities and proposal capabilities.

 

*1 Although the survey targets of this survey include organizations other than some companies, all of them are described as companies in this survey result.

*2 As part of national information security measures, the government conducts investigations of those who need to access information held by the government that is important to security, and access rights are granted after confirming the reliability of the person concerned. system that grants

 

■ About FRONTEO URL: https://www.fronteo.com/

FRONTEO is a data analysis company that provides various AI solutions and services using the in-house developed AI engine "KIBIT". Based on the philosophy of "providing solutions that do not overlook risks and opportunities buried in records and realizing fairness in the information society," extract meaningful and important information from vast amounts of text data and complex networks. Our strengths are natural language processing and network analysis technologies that support the advanced judgment of experts.We are developing businesses in the areas of legal tech AI, business intelligence, life science AI, and economic security, and contributing to solving various corporate and social issues. Founded in August 2003, listed on Tokyo Stock Exchange Mothers (currently Tokyo Stock Exchange Growth) on June 8, 2007.The company operates in Japan, the United States, South Korea, and Taiwan.Acquisition of first-class medical device manufacturing and sales business license, notification of controlled medical device sales business.Capital 6 thousand yen (as of March 26, 3,042,317).

* FRONTEO and KIBIT are registered trademarks of FRONTEO in Japan.

 

<Contact information for the press>
Public Relations Officer, FRONTEO Inc.
E-mail:pr_contact@fronteo.com

<Inquiries about economic security projects and AI solutions>
FRONTEO Co., Ltd. Economic Security Business Manager
https://osint.fronteo.com/contact/