The Toho Bank (8346) · InitiativeAchieved
Strengthening the cashless business through the merger of Toho Card and Toho Credit Service
First written in FY2024. 1 of 2 entries say "Achieved", first in FY2026-H1. Latest entry: FY2026-H1.
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Strengthening the Cashless Business Through the Merger of 東邦カード and 東邦クレジットサービスA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2026-H1AchievedAnnual report
「Toho Card Co., Ltd., a consolidated subsidiary of the Bank, absorbed Toho Credit Service Co., Ltd., also a consolidated subsidiary of the Bank, effective 1 April 2025.」
The absorption-type merger, with Toho Card as the surviving company and Toho Credit Service as the disappearing company, was completed on 1 April 2025, completing the planned strengthening of the cashless business. - FY2024First statedAnnual report
「At a Board of Directors meeting held on 7 June 2024, the Bank resolved to merge its consolidated subsidiaries Toho Card Co., Ltd. and Toho Credit Service Co., Ltd. An absorption-type merger, with Toho Card Co., Ltd. as the surviving company and Toho Credit Service Co., Ltd. as the disappearing company, was scheduled for 1 April 2025 to strengthen the cashless business.」
The Bank disclosed a plan to merge the two card subsidiaries on 1 April 2025, with the aim of strengthening the cashless business and improving services under the long-term management plan “TX PLAN 2030.”