PRESS RELEASE Fujitsu and Daiichi Life Group Launch Joint Research to Advance Asset Management with Quantum Technology Based on the operations of Daiichi Life Insurance, which manages approximately 30 trillion yen, the study examines the effectiveness of utilizing quantum technology to optimize asset allocation Fujitsu Limited Daiichi Life Group, Inc. Kawasaki and Tokyo, Japan, June 4, 2026 Fujitsu Limited and Daiichi Life Group, Inc. today announced that they conduct joint research from April 2026 to March 2027 to advance asset management operations through the application of quantum technology in the insurance sector. This joint research will leverage the expertise of Daiichi Life Insurance Co., Ltd., a leading institutional investor in Japan managing approximately 30 trillion yen in assets, by addressing practical challenges in its asset management operations. Both companies will jointly design and develop quantum algorithms to optimize asset allocation across multiple asset classes, such as stocks, bonds, and alternative assets, considering risk-return balance and liability characteristics. They will also conduct performance verification using quantum computer simulators [1] (quantum simulators) and quantum computers. When making asset allocation decisions, it is necessary to simultaneously consider complex factors such as the balance between risk and return, liability characteristics, regulatory requirements, and investment constraints for each asset class. The two companies aim to conduct more comprehensive and efficient evaluations that take these factors into account under a wide range of economic scenarios, with the goal of researching and analyzing optimal asset allocation strategies. Background In recent years, advanced technologies such as AI and quantum technology have the potential to bring about transformation in various sectors of society. Particularly in the financial industry, these technologies are expected to enable more sophisticated risk analysis, improved customer experience, and enhanced operational efficiency, which were not achievable with conventional computers. Convinced that quantum computers are a key