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The Toho Bank (8346) · InitiativeAchieved

Replacement of the Core Accounting System and Public-Funds Form-Sorting System

First written in FY2017. 2 of 7 entries say "Advanced", first in FY2019. Latest entry: FY2024.

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ProgressHeldSoftenedWorseFirst statedFY2017ReframedFY2018AdvancedFY2019 – FY2020RestatedFY2021 – FY2024-Q22017: 120172018: 120182019: 120192020: 120202021: 120212022: 020222023: 120232024: 12024
Same theme, other companies
Core Banking System Renewal and Transition to Shared OutsourcingA theme 5 companies write about · 1 as a headwind · 5 as a tailwind

0 other companies' latest entry also says "Achieved".

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Full recordFilings, disclosures and news, newest first
  1. FY2024AchievedAnnual report

    「We completed the transition to the joint TSUBASA core banking system in January 2024.」

    The previously planned transition to the joint TSUBASA core banking system was completed in January 2024.
  2. FY2024-Q2Core banking system migration-related costs incurredAnnual report

    「“Core operating profit,” the core profit at the heart of operations, decreased by ¥825 million year on year to ¥5,264 million, as funding income declined, mainly because interest and dividends on securities increased, and expenses increased, including costs related to migration to the core banking system.」

    Higher expenses, including core banking system migration-related costs, were explicitly identified as a factor behind the year-on-year decline in core operating profit.
  3. FY2021RestatedAnnual report

    「We will steadily advance the introduction of the TSUBASA core banking system that forms the foundation for these initiatives.」

    The direction of system replacement, including the TSUBASA common platform and migration, was reaffirmed as the introduction of a core banking system.
  4. FY2020AdvancedAnnual report

    「For capital investments by the Bank and its consolidated subsidiaries, we plan to construct “co-located branch facilities,” in which multiple branches operate in one building, to further enhance the branch network, and to introduce software to rationalize and improve the efficiency of administrative work.」

    In addition to the existing system-replacement policy, the Bank specified a plan to introduce a funds-transfer management system by September 2020.
  5. FY2019AdvancedAnnual report

    「“Other (office equipment, etc.)” comprises replacement of the information-system core system, replacement of branch-system servers and ATM replacement and migration to TSUBASA. The information-system core system replacement is scheduled for May 2019, branch-system server replacement for September 2019, and ATM replacement and migration to TSUBASA for March 2020.」

    The filing disclosed ¥191 million of payments to date for office-equipment replacement and ¥193 million of payments to date for software, specifying the scope and completion dates.
  6. FY2018ReframedAnnual report

    「“Other (office equipment, etc.)” comprises replacement of tablet devices and branch-system servers. Tablet-device replacement is scheduled for completion by March 2019, and branch-system server replacement by January 2019.」

    The scope expanded from core-system replacement to include tablet devices, branch-system servers and construction of the TSUBASA FinTech common platform.
  7. FY2017First statedAnnual report

    「“Other (office equipment)” comprises replacement of the core accounting system, scheduled for completion by October 2017. “Other (software)” comprises replacement of the core accounting system and the public-funds form-sorting system. The core accounting system replacement is scheduled for completion by October 2017, and the public-funds form-sorting system replacement by January 2018.」

    The filing specifies the timing and scope of core-system replacements, with planned investment of ¥111 million in office equipment and ¥574 million in software.
Moved together

"Regulatory Response Risk Caused by a Decline in the Capital Adequacy Ratio" moved the same way as this thread, in the same document, in 3 of its 7 moves.

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  1. ★This thread
  2. 1Regulatory Response Risk Caused by a Decline in the Capital Adequacy Ratio3×
  3. 2Funding for Renewable Energy and Medical Industries and Business Revitalization Support3×
  4. 3Market Risk Management Using ALM and VaR3×
  5. 4Holding Shares to Maintain and Strengthen Business and Strategic Cooperation Relationships3×
  6. 5Construction of new premises for the Miharu Branch and Koriyama Ekimae Branch3×
  7. 6Expansion of Total Deposits through Growth in Individual and Corporate Deposits2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Replacement of the Core Accounting System and Public-Funds Form-Sorting System | The Toho Bank,Ltd. (8346) | Komori