Failure to Realize Integration Synergies and Increase in Integration-Related Costs
First written in FY2023-Q3. 5 of 10 entries say "Materialised", first in FY2023. Latest entry: 2026-05-15.
Aichi Financial Group moved to the "Worse" side of this theme in 2023, the same year as the typical company in this theme.
The whole theme swung hardest in 2017: 1 of 10 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- 2026-05-15MitigatedEarnings
「Net interest income and gains on sales of equities increased, while losses on government bonds and other securities, integration-related expenses and credit-related expenses decreased, resulting in net income of ¥30,912 million, an increase of ¥20,630 million year on year.」
The disclosure lists integration-related expenses as a factor reducing expenses, indicating that the burden of integration-related costs decreased from the previous fiscal year. - FY2026-H1MitigatedAnnual report
「System integration-related costs ¥1,371 million —」
No system integration-related costs were recognized in the current interim consolidated accounting period, compared with ¥1,371 million recognized in the same period of the previous year, indicating that integration-related costs are declining. - FY2025WorsenedAnnual report
「System integration-related costs ¥4,117 million ¥5,443 million」
System integration-related costs increased from ¥4,117 million in the previous fiscal year to ¥5,443 million. - FY2025-H1MaterialisedAnnual report
「System integration-related costs ¥950 million ¥1,371 million」
System integration-related costs for the current interim consolidated accounting period came to ¥1,371 million, up from ¥950 million in the same period of the previous year. Integration-related costs continue to be incurred. - FY2024WorsenedAnnual report
「System integration-related costs ¥1,286 million ¥4,117 million」
System integration-related costs increased from ¥1,286 million in the previous consolidated fiscal year to ¥4,117 million, making the integration-related cost risk more clearly quantifiable. - FY2024-Q3MaterialisedAnnual report
「System integration-related costs ¥128 million ¥1,331 million」
System integration-related costs of ¥1,331 million were recognized in the cumulative consolidated nine-month period, indicating that integration-related costs continue to be incurred. - FY2024-Q2MaterialisedAnnual report
「System integration-related costs ¥950 million」
Costs related to system integration were incurred during the current interim consolidated accounting period as well, indicating that integration-related costs continue to arise. - FY2024-Q1MaterialisedAnnual report
「System integration-related costs ¥69 million」
System integration-related costs of ¥69 million were recognized in the cumulative consolidated first-quarter period, indicating that integration-related costs continue to be incurred. - FY2023MaterialisedAnnual report
「System integration-related costs ¥1,286 million」
Integration-related costs were actually recognized, and system cancellation losses of ¥2,335 million were also recognized in the consolidated income statement. This indicates that part of the risk of additional costs associated with the integration has materialized. - FY2023-Q3First statedAnnual report
「Failure to fully realize the integration benefits initially expected could consequently have a material adverse effect on the group's business results and financial condition.」
Additional costs and losses arising from service development, personnel and sales-office deployment, the standardization of operations and systems, and the unification of standards are listed as integration risks.