Mitsubishi Chemical Corporation (MTLHF,4188.T) and Accenture PLC (ACN) have announced a joint venture, or JV, to support Mitsubishi's AI-enabled reinvention to optimize corporate operations and build an operating model to meet the challenge of productivity improvement in Japan.
The new company, Rix Business Partners, was established through DIA-RIX, the wholly owned subsidiary of Mitsubishi from which the joint venture was formed.
Through the joint venture, the two companies will develop an AI-enabled digital platform to underpin Mitsubishi's corporate functions, primarily general affairs.
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