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Toyo Securities (8614) · InitiativeAdvanced

System development focused primarily on responding to regulatory changes

First written in FY2016. 8 of 19 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2026.

19entries
11years
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ProgressHeldSoftenedWorseRestatedFY2020-Q1 – FY20222016: 320162017: 420172018: 420182019: 420192020: 120202021: 020212022: 120222023: 020232024: 020242025: 120252026: 12026
Same theme, other companies
Investment in securities systems development to address regulatory and system changesA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「During the consolidated fiscal year, the Group made capital investments of ¥419 million, mainly for network replacement.」

    As system investment following the migration of the core system, ¥419 million was invested mainly in network replacement.
  2. FY2025AdvancedAnnual report

    「During the consolidated fiscal year, the Group made capital investments of ¥324 million, mainly for network replacement.」

    In addition to system operation after the migration of the core system, capital investment was made mainly for network replacement.
  3. FY2022System development related to the IFA businessAnnual report

    「The main component of the increase in software during the period was system development related to the IFA business.」

    In addition to operating the core system after its migration, system development related to the IFA business was cited as the main area of capital investment.
  4. FY2020-Q3RestatedAnnual report

    「Selling, general and administrative expenses included depreciation and amortization of ¥327 million, or 34.2% year on year, due mainly to the completion of depreciation of the old core system following the November 2018 core system migration and other factors.」

    Following the November 2018 core system migration, the cost benefit from completing depreciation of the old system continued.
  5. FY2020-Q2RestatedAnnual report

    「Selling, general and administrative expenses included depreciation and amortization of ¥213 million, or 24.3% year on year, due mainly to the completion of depreciation of the old core system following the November 2018 core system migration and other factors.」

    Following the November 2018 core system migration, the cost benefit from completing depreciation of the old system continued to emerge.
  6. FY2020-Q1RestatedAnnual report

    「Selling, general and administrative expenses included depreciation and amortization of ¥105 million, or 23.3% year on year, due mainly to the completion of depreciation of the old core system following the November 2018 core system migration and other factors.」

    Following the November 2018 core system migration, the cost benefit from completing depreciation of the old system continued to emerge during the quarter.
  7. FY2019AchievedAnnual report

    「During the consolidated fiscal year, the Company made capital investments of ¥2,029 million, primarily in costs related to the core system migration.」

    The core system migration was carried out in November 2018, and capital investments of ¥2,029 million were recognized. The key milestone of the migration has been completed.
  8. FY2019-Q3AdvancedAnnual report

    「System migration costs are one-time costs related to the migration of data from the old core system to the new core system and other activities.」

    A one-time cost of ¥725 million related to data migration and other activities associated with the core system migration was recognized, with the accounting treatment and presentation also being reclassified in connection with the migration.
  9. FY2019-Q2Impairment losses related to the core system migration continued to be recognized.Annual report

    「For the core system whose migration had been resolved in a previous fiscal year, the carrying amount of the assets was reduced to their recoverable amount, and an impairment loss of ¥267 million was recognized as an extraordinary loss for the cumulative second quarter of the consolidated fiscal year.」

    The review of asset valuations related to the core system migration continued, and an impairment loss of ¥267 million was recognized for the cumulative second quarter of the consolidated fiscal year.
  10. FY2019-Q1AdvancedAnnual report

    「For the core system whose migration had been resolved in a previous fiscal year, the carrying amount of the assets was reduced to their recoverable amount, and an impairment loss of ¥27 million was recognized as an extraordinary loss for the cumulative first quarter of the consolidated fiscal year.」

    An impairment loss of ¥27 million was recognized during the quarter in connection with the core system migration. Depreciation and amortization also amounted to ¥452 million, or 182.1% year on year, due to the shortened useful life.
  11. FY2018AdvancedAnnual report

    「The Company plans to migrate its core system in November 2018 to improve operational efficiency and for other purposes.」

    The purpose of the core system migration and its planned implementation in November 2018 were specified. The disclosure also stated that the impairment loss on the existing system was ¥274 million, the impact on current-year profit from changing its useful life was ¥558 million, and total planned investment was ¥2,121 million.
  12. FY2018-Q3AdvancedAnnual report

    「At a Board of Directors meeting held on 28 July 2017, the Company resolved to migrate its core system. Compared with the previous method, operating income, ordinary income and quarterly income before income taxes and other adjustments for the cumulative third quarter of the consolidated fiscal year each decreased by ¥347 million.」

    The impact on profit from shortening the useful life of the existing system in connection with the core system migration totaled ¥347 million, and an impairment loss of ¥274 million related to the existing system was also recognized.
  13. FY2018-Q2AdvancedAnnual report

    「Accordingly, the useful life of the existing core system was shortened and changed prospectively. Compared with the previous method, operating income, ordinary income and quarterly income before income taxes and other adjustments for the cumulative second quarter of the consolidated fiscal year each decreased by ¥189 million. In connection with the resolution to migrate the existing core system, its carrying amount was reduced to its recoverable amount, and an impairment loss of ¥274 million was recognized as an extraordinary loss for the cumulative second quarter of the consolidated fiscal year.」

    Following the resolution to migrate the core system, the useful life of the existing system was shortened and an impairment loss of ¥274 million was recognized. The impact on profit from higher depreciation and amortization was ¥189 million.
  14. FY2018-Q1AdvancedAnnual report

    「At a Board of Directors meeting held on 28 July 2017, the Company resolved to migrate its core system. The amount of the impact is currently under review, but depreciation and amortization is expected to increase by approximately ¥512 million in the fiscal year ending March 2018 due to the shortening of the useful life of the existing core system.」

    In addition to conventional system development focused on addressing regulatory changes, the Board of Directors resolved to migrate the core system, and the expected impact on depreciation and amortization for the fiscal year ending March 2018 was also disclosed.
  15. FY2017RestatedAnnual report

    「During the consolidated fiscal year, the Company made capital investments of ¥384 million, primarily in system development to address regulatory changes and the purchase of land for relocating the Tateyama Branch.」

    System development to address regulatory changes continued, and the Company made capital investments of ¥384 million during the year, including the purchase of land for relocating a branch.
  16. FY2017-Q3RestatedAnnual report

    「Depreciation and amortization amounted to ¥753 million, or 150.2% year on year, due mainly to an increase in software related to responses to regulatory changes, bringing the total to ¥9,210 million, or 101.6% year on year.」

    Investment in and amortization of software related to regulatory changes has continued, with depreciation and amortization amounting to ¥753 million.
  17. FY2017-Q2RestatedAnnual report

    「Depreciation and amortization amounted to ¥502 million, or 156.4% year on year, due mainly to an increase in software related to responses to regulatory changes, although」

    Investment in and amortization of software related to regulatory changes has continued.
  18. FY2017-Q1RestatedAnnual report

    「Depreciation and amortization amounted to ¥251 million, or 161.0% year on year, due mainly to an increase in software related to responses to regulatory changes.」

    Continued investment in and amortization of software related to regulatory changes is indicated.
  19. FY2016First statedAnnual report

    「During the consolidated fiscal year, the Company made capital investments of ¥2,411 million, primarily in system development to address regulatory changes.」

    A total of ¥2,411 million was invested to address the My Number system, integrated taxation of financial income and NISA.
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System development focused primarily on responding to regulatory changes | TOYO SECURITIES CO.,LTD. (8614) | Komori