Migration from Higashi-Nippon Bank’s core banking system to the shared-use system “MEJAR”
First written in FY2017-Q2. 3 of 7 entries say "Restated". Latest entry: FY2019-Q3.
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- FY2019-Q3AchievedAnnual report
「Our Group completed Higashi-Nippon Bank’s migration to the new system in January 2019. Going forward, we will work to further improve our services.」
Explicitly stated that Higashi-Nippon Bank completed its migration to the new system in January 2019, marking progress from the planning stage to completion. - FY2019-Q2RestatedAnnual report
「Higashi-Nippon Bank plans to migrate its systems in January 2019 to the shared-use system “MEJAR” used by Yokohama Bank, in order to further improve operational efficiency and provide customers with higher-quality financial services. Our Group will work together on the migration project to ensure that Higashi-Nippon Bank’s system migration is completed safely and smoothly.」
Reconfirmed the planned migration to MEJAR in January 2019 and described the Group-wide project to advance the migration safely and smoothly. - FY2019-Q1RestatedAnnual report
「To further improve operational efficiency and provide customers with higher-quality financial services than before, Higashi-Nippon Bank plans to migrate its system in January 2019 to MEJAR, the shared-use system used by The Bank of Yokohama.」
The company reconfirmed the planned migration from Higashi-Nippon Bank to MEJAR in January 2019 and its purpose. - FY2018AdvancedAnnual report
「To further improve operational efficiency and provide customers with higher-quality financial services than before, Higashi-Nippon Bank plans to migrate its system in January 2019 to MEJAR, the shared-use system used by The Bank of Yokohama.」
The previously stated plan to complete the migration during fiscal 2018 was made more specific as a planned migration in January 2019. - FY2018-Q2RestatedAnnual report
「The provision for loss on system contract cancellation represents the estimated loss related to the anticipated early termination of the outsourcing services contract for The Higashi-Nippon Bank, Ltd.'s current core banking system in connection with its migration to MEJAR, a shared-use system that is the core banking system of The Bank of Yokohama, Ltd. (targeted for completion during fiscal 2018).」
The company reiterated its plan to migrate from Higashi-Nippon Bank's core banking system to MEJAR during fiscal 2018, together with the resulting recognition of a loss on early contract termination. - FY2017AdvancedAnnual report
「In connection with the migration from The Higashi-Nippon Bank, Ltd.'s current core banking system to MEJAR, a shared-use system that is the core banking system of The Bank of Yokohama, Ltd. (targeted for completion during fiscal 2018), the company recorded an estimated loss related to the anticipated early termination of the outsourcing services contract for The Higashi-Nippon Bank, Ltd.'s current core banking system.」
The company recorded a provision for the estimated loss on early termination of the current system contract associated with the migration to MEJAR, thereby giving concrete accounting treatment to preparations for the migration. - FY2017-Q2First statedAnnual report
「In connection with the migration from The Higashi-Nippon Bank, Ltd.'s current core banking system to MEJAR, a shared-use system that is the core banking system of The Bank of Yokohama, Ltd. (targeted for completion during fiscal 2018)」
The company first described specific measures for migrating Higashi-Nippon Bank's core banking system to MEJAR, with the migration targeted for completion during fiscal 2018.