astamuse And Tokyo Stock Exchange Begin Recruiting Applicants For PoC Program On Limited Public Provision Of Indicators For "Intangible Assets" (Intellectual Property/Technology, Human Resources, Networks, Etc.) Held By Listed Companies And Fund Inflow Data

The social background of intangible assets

As every industry is becoming more and more sophisticated and mature, it is said that we are in the age of VUCA: Volatility, Uncertainty, Complexity and Ambiguity. In addition, with the development of IoT and AI accompanied by the commercialization of big data applications, companies are expanding exploring further innovation as a source of their competitiveness. Investment in innovation is increasing year by year, and the speed at which it is created is also accelerating.
As a result, companies' competitiveness is increasingly off-balance sheet, with companies accelerating the elaboration of intellectual property and technology, investment in hiring AI and advanced technology specialists, and shifting open innovation activities (e.g. alliances, M & A). According to foreign report, it is said that more than 80% of corporate value is comprised of intangible assets (intellectual property/technology, human resources, networks, etc.). Japan may not the exception.

Summary of provided content

astamuse and TSE are launching a limited public PoC of the following content to verify the effectiveness of indicators and data that evaluate intangible assets in the securities markets. After testing and improvement through this PoC, we aim to launch as a full-fledged commercial service this summer.

How to apply for participation in PoC

Those who are interested are supposed to apply for the PoC Program for the Utilization of Securities Data.
For information on the PoC program for the utilization of securities data, please refer to the following.

Overview of both companies

Tokyo Stock Exchange, Inc.

Tokyo Stock Exchange is licensed as a financial instruments exchange under the Financial Instruments and Exchange Act and operates financial instruments markets.
The market capitalization of companies listed on the Tokyo Stock Exchange is the third largest in the world and the largest in Asia, and we have established our position as the central market in Japanese securities.
Tokyo Stock Exchange is a wholly owned subsidiary of Japan Exchange Group, Inc. (Code: 8697).

astamuse company, ltd.

astamuse build out the world's biggest database of innovation capital (the source of innovation), with more than 150 million entries based on intellectual property, patent information in 80 countries, including information on new businesses /business models, new products / services, new technologies / research in the world. We also defines 176 "growing areas" and 100 "social agenda" to classify and analyze these data. Aiming for shaping the future and resolving social issues, we offer consulting service for new business development and M&A, recruiting agency service, and information / human resource providing service through SaaS.