Joint Operation of an Internet Bank with GMO Internet
First written in FY2017-Q1. 15 of 24 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-11-11.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「GMO Aozora Net Bank exceeded 240,000 corporate accounts and ¥1.3 trillion in deposits, turning profitable with net income of ¥1.7 billion」
Corporate accounts reached 240,000 and deposits reached ¥1.3 trillion, and the bank achieved net income profitability of ¥1.7 billion. - FY2026-H1AdvancedAnnual report
「Operating gross profit increased, led by fee income, with progress exceeding the plan. Achieved net income profitability for the first time on a half-year basis」
GMO Aozora Net Bank's operating gross profit increased, led by fee income, and progress exceeded the plan. It achieved net income profitability for the first time on a half-year basis. - FY2025AdvancedAnnual report
「GMO Aozora Net Bank (GANB) has turned profitable and entered a phase of contributing to earnings」
The annual results clearly indicate that GMO Aozora Net Bank has progressed from a loss-making stage and the process of turning profitable to a stage where it contributes to earnings. - FY2025-H1AdvancedAnnual report
「GMO Aozora Net Bank: corporate account numbers exceeded 150,000. Progress toward establishing recurring operating-profit profitability from the second half of this fiscal year onward (achieved monthly operating-profit profitability in October)」
GMO Aozora Net Bank's corporate account numbers exceeded 150,000, and it achieved monthly operating-profit profitability in October 2024. The joint operation has reached a stage of concrete progress toward establishing recurring profitability. - FY2024-Q2AdvancedAnnual report
「On 17 July 2023, the bank transferred the non-voting class shares it held in GMO Aozora Net Bank, Ltd., its consolidated subsidiary, to GMO Internet Group, Inc. and GMO Financial Holdings, Inc. The transfer was carried out after 5 years had elapsed since the official launch of GMO Aozora's internet banking business, pursuant to the shareholders' agreement entered into with GMO Internet on 24 June 2016 and the agreement concerning amendments to the shareholders' agreement and the succession to contractual status entered into with GMO Internet and GMO Financial Holdings on 21 July 2016. As a result of the transfer, non-controlling interests in net assets increased by ¥16,095 million, but there was no impact on consolidated results.」
The non-voting class shares of GMO Aozora were transferred to GMO Internet Group and GMO Financial Holdings, implementing the change in the capital relationship after five years under the agreement. Non-controlling interests increased by ¥16.095 billion, but there was no impact on consolidated results. - FY2023-Q3AdvancedAnnual report
「Regarding its consolidated subsidiary GMO Aozora Net Bank, Ltd., the bank announced on 25 October 2022 its consent to the company's new medium-term management plan and its underwriting of a rights offering to shareholders, which was completed on 28 October of the same year. The bank continues to support the growth of the company across the group as it works steadily to execute the plan and return to profitability at an early stage.」
The company consented to GMO Aozora Net Bank's new medium-term management plan and underwrote its rights offering to shareholders on 28 October 2022, marking progress to the stage of supporting execution of the plan and an early return to profitability. - FY2022-Q3AdvancedAnnual report
「Fee income at GMO Aozora Net Bank (GANB) totaled ¥2.6 billion for the first through third quarters, an increase of ¥1.5 billion year on year.」
Fee income at GMO Aozora Net Bank totaled ¥2.6 billion for the first through third quarters, an increase of ¥1.5 billion year on year. - FY2022-Q2Increase in fee income at GMO Aozora Net BankAnnual report
「Other fees received also remained solid, owing to increased fee income at GMO Aozora Net Bank and growth in M&A fees.」
The increase in fee income at GMO Aozora Net Bank was identified as a factor behind the increase in other fees received. - FY2021RestatedAnnual report
「GMO Aozora Net Bank, Ltd. operates an internet banking business, Aozora Regional Research Institute Co., Ltd. provides management consulting services, and overseas subsidiaries engage in lending and securities investment.」
The company confirmed the continuation of GMO Aozora Net Bank's internet banking business. - FY2021-Q1RestatedAnnual report
「Expenses totaled ¥12.8 billion, an increase of ¥500 million year on year, mainly due to higher costs associated with the internet banking subsidiary and the provision of the new money service “BANK” for individual customers.」
The company continues to disclose higher expenses related to the internet banking subsidiary, but there is no disclosure of new contractual or business developments concerning the joint operation of GMO Aozora Net Bank. - FY2020-Q1RestatedAnnual report
「Following the bank's succession, effective 1 October 2018, to the trust services handled by GMO Aozora Net Bank, Ltd., trust fees and the amount of trust assets have been added.」
The company continues to disclose the treatment following the succession of trust services from GMO Aozora Net Bank, as well as trust fees and the amount of trust assets. - FY2019RestatedAnnual report
「As one of its new business areas, GMO Aozora Net Bank, an internet-only bank jointly invested in by the bank, GMO Internet Co., Ltd., and GMO Financial Holdings, Inc., began providing services in July 2018.」
The medium-term management plan reconfirmed the joint investment in GMO Aozora Net Bank and the start of service provision in July 2018. - FY2019-Q3RestatedAnnual report
「Aozora Trust Bank Co., Ltd. changed its corporate name to GMO Aozora Net Bank, Ltd. on 1 June 2018 and began its internet banking business in July 2018. In addition, effective 1 October 2018, the bank succeeded to the trust services handled by GMO Aozora Net Bank, Ltd.」
The company continues to disclose the launch of GMO Aozora Net Bank's internet banking business and the bank's succession to the trust services. There has been no new development. - FY2019-Q2AdvancedAnnual report
「Aozora Trust Bank Co., Ltd. changed its corporate name to GMO Aozora Net Bank, Ltd. on 1 June 2018 and began its internet banking business in July 2018. In addition, effective 1 October 2018, the bank succeeded to the trust services handled by GMO Aozora Net Bank, Ltd.」
GMO Aozora Net Bank, Ltd. launched its internet banking business in July 2018, and the succession of the trust services was carried out effective 1 October 2018. The joint operation progressed from the contractual and preparation stage to the business launch and succession of operations stage. - FY2019-Q1AdvancedAnnual report
「Subject to obtaining the necessary approvals and licenses from the relevant authorities for the bank's handling of trust services, the bank agreed to receive all business related to the trust services of its consolidated subsidiary, Aozora Trust Bank Co., Ltd., through a company split by absorption, and exchanged a company split agreement with the subsidiary on 14 May 2018. Aozora Trust Bank Co., Ltd. changed its corporate name to GMO Aozora Net Bank, Ltd. on 1 June 2018. The effective date of the split was scheduled for 1 October 2018.」
In addition to changing its corporate name to GMO Aozora Net Bank, Ltd., the company entered into an agreement to receive all trust-related operations through a company split, with 1 October 2018 scheduled as the effective date. - FY2018-Q3RestatedAnnual report
「Expenses increased by ¥800 million, or 2.5%, year on year to ¥34.0 billion, owing mainly to higher personnel expenses associated with increased staffing in the internet banking business and other priority areas.」
The company continued to disclose increased staffing in the internet banking business. However, it did not disclose any new developments, such as amendments to the agreement with GMO Internet or the launch of joint operations. - FY2018-Q1AdvancedAnnual report
「Expenses increased by ¥300 million, or 2.9%, year on year to ¥11.6 billion, mainly due to increased staffing in the internet banking business and other priority areas.」
The company disclosed increased staffing in the internet banking business, indicating specific progress in advancing the business. However, it did not disclose any contractual developments concerning the joint operation with GMO Internet or completion of the business launch. - FY2017-Q3RestatedAnnual report
「In addition, the bank and its consolidated subsidiary, Aozora Trust Bank Co., Ltd., agreed with GMO Internet Co., Ltd. to a capital and business alliance concerning the joint operation of an internet bank using Aozora Trust Bank Co., Ltd., and on 24 June 2016 entered into an investment agreement, shareholders' agreement, and business alliance agreement. Because GMO Click Holdings Co., Ltd. acquired some of the shares of Aozora Trust Bank Co., Ltd. held by GMO Internet Co., Ltd. on 21 July 2016, the bank entered into agreements with both parties concerning amendments to the shareholders' agreement and the succession to contractual status.」
The company continues to disclose the joint operation of an internet bank with GMO Internet and others, as well as amendments to the shareholders' agreement and the succession to contractual status. There has been no new contractual development. - FY2017-Q2AdvancedAnnual report
「In addition, because GMO Click Holdings Co., Ltd. acquired some of the shares of Aozora Trust Bank Co., Ltd. held by GMO Internet Co., Ltd. on 21 July 2016, the bank entered into agreements with both parties concerning amendments to the shareholders' agreement and the succession to contractual status.」
Following the alliance concerning joint operations, the acquisition of shares by GMO Click Holdings led to amendments to the shareholders' agreement and the succession to contractual status. - FY2017-Q1First statedAnnual report
「In addition, the bank and its consolidated subsidiary, Aozora Trust Bank Co., Ltd., entered into a capital and business alliance agreement with GMO Internet Co., Ltd. on 24 June 2016 concerning the joint operation of an internet bank using Aozora Trust Bank Co., Ltd.」
The company disclosed the execution of a capital and business alliance agreement concerning the joint operation of an internet bank using Aozora Trust Bank.