FOR IMMEDIATE RELEASE: 2022/4/25

M3 Acquires Medical Accounting and EHR Business from Canon Medical Systems~ Accelerating DX of Clinics along with M3 DigiKar, the No.1 Share Cloud EHR System ~M3, Inc. (Headquarters: Tokyo, Japan; CEO: Itaru Tanimura; URL: https://corporate.m3.com/; “M3”below) has announced the acquisition of the medical accounting and electronic health record businessfor clinics from Canon Medical Systems Corporation (Headquarters: Tochigi, Japan; CEO: Toshio
Takiguchi; URL: https://jp.medical.canon/; “Canon Medical Systems” below). As of July 1, 2022, thebusinesses will be

integrated under M3 Solutions Inc. (Headquarters: Aichi, Japan; CEO: Rie

Nakamura; URL: https://m3sol.co.jp/; “M3S” below), a subsidiary of M3 which operates EHR system
distribution and medical DX businesses.

BackgroundM3 operates m3.com, a specialized web portal for medical professionals that delivers healthcare

related information to its 310,000+ physician members in Japan, and offers marketing and clinical trialservices. Recently, M3 has been expanding services beyond pharmaceutical marketing services,including the development of AI-based diagnostic tools, the provision of online medical services, andthe consolidation of a stroke rehabilitation facilities business, and further combining these services toprovide comprehensive solutions to issues across disease therapy areas.
In particular, the number of medical institutions that have adopted M3 Digikar, an AI-powered
cloud-based electronic health record system that improves efficiency in service delivery at clinics, hasexceeded 3,600 sites.
In addition, in October 2021, M3 launced the offering of DigikarSmart, a one-stop service for online
reservations, reception, diagnostic surveys, cashless payment, and CRM functions to conveniently
automate the process chain for improved patient experience. M3 continues to support and expand thescope of DX in improving the productivity across the entire medical process.
M3S supports the realization of DX in the medical field through the provision of EHR and othermedical systems to medical institutions. After changing its name in April 2022, M3S continues to aspire
towards further addition of value to clinics.
Under the management slogan "Made for Life," which expresses its desire to contribute to medicalcare that protects precious lives, Canon Medical Systems develops, manufactures, sells, and provides
technical services in the medical equipment field, including X-ray diagnostic systems, CT systems,
MRI systems, ultrasound diagnostic systems, and healthcare IT solutions. Canon Medical Systems

has a long track record and experience in selling and supporting medical accounting and electronic
health record systems for clinics since the 1970s. Through the seamless integration with various
diagnostic systems, Canon Medical Systems promotes DX in the medical field and solves issues in
the medical field.
Expected Synergies
With this acquisition, the number of medical institutions to which M3S provides medical

accounting and electronic medical records will increase to more than 10,000 sites. By expanding its
product lineup, M3S will be able to respond even more broadly to the various needs of medical
institutions.
By continuing the relationships that Canon Medical Systems has built with sales companies
throughout Japan, M3S will accelerate the development of not only the electronic medical record
business which M3 will acquire, and will also be able to expand M3's existing services aimed for
improving the patient care experience.
Overview of the acquisition
Scheme:
The acquisition of the medical accounting and electronical health record business for clinics
from Canon Medical Systems by M3S
Effective date: July 1, 2022 (planned)