Komori
Other Disclosures4371Core Concept Technologies Inc.Information and Communications, Services and Others

Moving Beyond Outsourcing Toward 500 Banking App Releases a Year: CCT’s IT Talent Sourcing Support Behind Fukuoka Financial Group’s DX

CCT highlighted its track record of continuously supporting Fukuoka Financial Group,Inc. (FFG) in sourcing immediately deployable engineers and providing follow-up after they began working, as FFG moved to bring system development in-house. The support helped establish a structure capable of releasing more than 500 updates a year for the personal banking app and supported the expansion of the DX Promotion Headquarters from approximately 10 people to around 200.

Worth reading
69In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
500
More than 500 items released annually
Wording
Definitive
How definitive the wording is.

Announced details

IT talent sourcing support, personal banking app, DX support
Applicable field (uses covered by this announcement)

FFG’s DX transformation, in-house system development, agile development and personal banking app development

What the company reported numerically
Quantitative Effects

More than 500 releases a year for the personal banking app. The DX Promotion Headquarters expanded from approximately 10 people to around 200.

Relationship between the counterparty and the company
Core Concept Technologies Inc.4371
Relationship with the Company

CCT provided FFG with IT talent sourcing support as a partner, including sourcing and proposing engineers, post-deployment follow-up and ongoing communication. Capital and personnel relationships: not disclosed.

CounterpartyFukuoka Financial Group,Inc.

Head office: Fukuoka City, Fukuoka Prefecture; Representative Director and President: Goto Hisashi (五島久). Established in 2007. A financial group operating throughout Kyushu with five banks, including Fukuoka Bank, The Juhachi-Shinwa Bank and Kumamoto Bank, under its umbrella. Provides banking, securities, leasing, M&A consulting and IT-related services.

Location (as indicated in this announcement)

The DX Promotion Headquarters grew from approximately 10 people at its establishment to around 200 in about 4 years. The System Solutions Department has more than 100 employees.

Impact on Business Performance

Impact on financial results: Not disclosed

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredIT talent sourcing support, personal banking app, DX support
CounterpartyFukuoka Financial Group,Inc.
Counterparty overviewHead office: Fukuoka City, Fukuoka Prefecture; Representative Director and President: Goto Hisashi (五島久). Established in 2007. A financial group operating throughout Kyushu with five banks, including Fukuoka Bank, The Juhachi-Shinwa Bank and Kumamoto Bank, under its umbrella. Provides banking, securities, leasing, M&A consulting and IT-related services.
Relationship with the CompanyCCT provided FFG with IT talent sourcing support as a partner, including sourcing and proposing engineers, post-deployment follow-up and ongoing communication. Capital and personnel relationships: not disclosed.
Applicable areaFFG’s DX transformation, in-house system development, agile development and personal banking app development
Location scaleThe DX Promotion Headquarters grew from approximately 10 people at its establishment to around 200 in about 4 years. The System Solutions Department has more than 100 employees.
Quantitative EffectsMore than 500 releases a year for the personal banking app. The DX Promotion Headquarters expanded from approximately 10 people to around 200.
Impact on Business PerformanceImpact on financial results: Not disclosed
Items this document does not state (10)
Contract ValueOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocationUsage historySource

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

FFG needed to secure immediately deployable engineers as it moved away from fully outsourcing to external vendors and advanced the in-house development of systems based on agile development. CCT leveraged its talent database, ability to make rapid proposals and post-deployment follow-up structure.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Moving Beyond Outsourcing Toward 500 Banking App Releases a Year: CCT’s IT Talent Sourcing Support Behind Fukuoka Financial Group’s DX | Core Concept Technologies Inc. (4371) timely disclosure | Komori