Advancing the DX Strategy Through the Acquisition of an AI Company
First written in FY2025-H1. 1 of 2 entries say "Achieved", first in FY2025. Latest entry: FY2025.
The whole theme swung hardest in 2024: 1 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Achieved".
- FY2025AchievedAnnual report
「In December last year, we made Edge Technology Co., Ltd., which has high-level expertise in the AI field, a wholly owned subsidiary to create a range of synergies beyond our existing framework. For a regional bank, this was the first case of acquiring a non-financial operating company through a tender offer. To create the “best customer experience,” we worked to further strengthen AI-enabled One to One marketing and provide AI solutions, while also focusing on operational reform through AI within the Group.」
Made Edge Technology a wholly owned subsidiary in December 2024, completing the initiative to acquire an AI company. Continued use of the company in One to One marketing, AI solutions and operational reform within the Group remains an ongoing priority. - FY2025-H1First statedAnnual report
「Effective 30 October 2024, the date on which settlement of the tender offer commenced, Edge Technology Co., Ltd. became a consolidated subsidiary of Chiba Bank. Through this transaction, the Chiba Bank Group believes it can realise a wide range of synergies extending well beyond its existing framework, including further strengthening One to One marketing, reforming operations through AI and rolling this out to alliance banks, and providing “DX for the entire region,” including AI solutions.」
Conducted a tender offer for shares of Edge Technology Co., Ltd. and made it a consolidated subsidiary effective 30 October 2024. The number of shares purchased was 10,300,198, the ownership percentage was 95.50%, and the total purchase price was ¥8.662 billion. The acquisition is intended to create synergies through an AI-enabled DX strategy, One to One marketing and DX for the entire region.