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    8766   JP3910660004

TOKIO MARINE HOLDINGS, INC.

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Tokio Marine : Announcement of Capital and Business Alliance with Splink Inc. for Early Detection and Prevention of Dementia (38KB)PDF

11/16/2021 | 09:17pm EST

November 17, 2021

Tokio Marine Holdings, Inc.

Announcement of Capital and Business Alliance with Splink Inc. for Early

Detection and Prevention of Dementia

Tokio Marine Holdings, Inc. (President and Group CEO: Satoru Komiya, hereinafter

referred to as "TMHD") and Splink, Inc (CEO: Yuki Aoyama, hereinafter referred to as "Splink"), are pleased to announce that both companies have entered into a capital and business alliance to work to solve social issues through the early detection and prevention of dementia.

1.Background and Objectives

The number of people with dementia in Japan is estimated to be 7.3 million in 2025 and is forecast to grow to 10.16 million in 2050 (according to the Ministry of Health, Labour and Welfare in 2014). Dementia progresses slowly and is difficult to recognize at early stages, this results in late detection and a delay to starting treatment which creates social issues. Today, however, research and development for the early detection and treatment of dementia is progressing in Japan and overseas. As R&D progresses, many research results have been reported stating that "early detection of dementia and appropriate prevention, such as lifestyle modification, can work to delay its development".

TMHD has conducted various initiatives for dementia and has decided to form a capital and business alliance with Splink in order to further accelerate initiatives aimed at solving social issues through the early detection and prevention of dementia.

2.Key Initiatives

Through this strategic partnership, TMHD and Splink will jointly research and develop solutions for early detection and prevention of dementia. TMHD has always worked to be there for our customers in their time of need. Through this alliance TMHD is working to further evolve into a complete solution provider that also supports our customer in their daily lives by detecting changes and symptoms leading to dementia, which will also help to solve social issues.

3.Splink Overview (https://www.splinkns.com/)

Splink is a technology startup that provides medical AI in the field of brain healthcare.

Based on its vision of "Linking us together, through to that very last day", Splink is providing medical device programs and AI solutions such as brain dock programs in the field of dementia.

To address the major issue of dementia in an aging society, Splink provides one-stop solutions from prevention to diagnosis of dementia, in order to contribute to a society where people can live in harmony with each other even after progression of dementia.

(1)

Company Name

Splink, Inc

(2)

Head office

18F Shin Kasumigaseki Building,

3-3-2, Kasumigaseki, Chiyoda-ku, Tokyo

(3)

Title and Name of the Representative

CEO: Yuki Aoyama

(4)

Main Businesses

Brain Healthcare Business

Health Data Infrastructure Business

(5)

Year of Establishment

January 2017

Disclaimer

Tokio Marine Holdings Inc. published this content on 17 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 November 2021 02:16:02 UTC.


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Net Debt 2022 836 B 7 257 M 7 257 M
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Tokio Marine Holdings, Inc. Technical Analysis Chart | 8766 | JP3910660004 | MarketScreener
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Mean consensus BUY
Number of Analysts 14
Last Close Price 6 991,00 JPY
Average target price 7 135,00 JPY
Spread / Average Target 2,06%
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Managers and Directors
Satoru Komiya President, Group CEO & Representative Director
Tsuyoshi Nagano Chairman
Susumu Harada Managing Executive Officer & Head-Group IT
Kenji Okada MD, Head-Compliance & Legal Affairs
Akio Mimura Independent Outside Director
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