Group synergies and efficiency through an open-platform strategy
First written in FY2016. 9 of 15 entries say "Advanced", first in FY2020. Latest entry: 2026-09-30.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「Effective date of the merger: 1 January 2027 (system integration is scheduled to take place on the same date)」
For the merger of Shonai Bank and Hokuto Bank, the effective date of the merger and the system integration date have been set as 1 January 2027. From fiscal 2025, the banks have begun operating under a substantially single-bank management structure, with the presidents and head-office executive officers concurrently serving at both banks. - FY2025-H1AdvancedAnnual report
「At meetings of their respective boards of directors held on 25 January 2024, the Company, Shonai Bank Co., Ltd. and Hokuto Bank Co., Ltd. resolved to proceed with specific consideration aimed at merging the two banks, subject to obtaining approval from the relevant authorities and other conditions. At a meeting of the Company’s board of directors held on 8 November 2024, it also resolved the effective date of the merger and the corporate name of the new bank, among other matters.」
The merger plan for the two banks has become more concrete, with resolutions on 8 November 2024 concerning the effective date of the merger and the corporate name of the new bank. The merger is scheduled to take effect on 1 January 2027, and the new bank will be named FIDEA Bank Co., Ltd. - FY2024-Q3AdvancedAnnual report
「With the aim of enhancing the Group’s overall capabilities, including its capacity to supply funds through greater scale and its sales capacity through more efficient head-office operations, and further strengthening relationships with local customers, the Company decided on 25 January 2024 to proceed with consideration of the merger of Shonai Bank and Hokuto Bank as the final stage of management integration. The merger of the two banks is scheduled for fiscal 2026, subject to obtaining approval from the relevant authorities and other conditions.」
The Group has advanced from integration centered on consolidating functions and improving the efficiency of head-office operations to the final stage of management integration, namely consideration of the merger of Shonai Bank and Hokuto Bank. It decided to begin consideration on 25 January 2024 and plans to complete the merger during fiscal 2026. - FY2020AdvancedAnnual report
「To date, the Group has integrated middle-office functions, including risk management, and consolidated the banks’ administrative processing centers. In April 2020, to deepen the benefits of integration further, it also reorganized its structure to integrate the holding company’s corporate planning and sales planning divisions with those of each bank, thereby consolidating its strategic planning functions.」
In addition to integrating middle-office functions and administrative processing centers, the holding company’s corporate planning and sales planning divisions were integrated with those of both banks in April 2020, consolidating the strategic planning function. - FY2019RestatedAnnual report
「By evolving our open platform strategy, one of our strengths, and generating greater group synergies, we will transform our business model to make a strong contribution to the sustainable development of business partners and local communities.」
The Group continues to pursue its open platform strategy as a means of generating group synergies and transforming its business model. - FY2018RestatedAnnual report
「By evolving our open platform strategy, one of our strengths, and generating greater group synergies, we will transform our business model to make a strong contribution to the sustainable development of business partners and local communities.」
The Group continues to pursue its open platform strategy as a means of generating group synergies and transforming its business model. - FY2017RestatedAnnual report
「By evolving our open platform strategy, one of our strengths, and generating greater group synergies, we will transform our business model to make a strong contribution to the sustainable development of business partners and local communities.」
The Group continues to position its open platform strategy as a means of generating group synergies and transforming its business model. - FY2016First statedAnnual report
「To benefit from the synergies of its open platform strategy, the Group is consolidating and specializing the middle- and back-office functions of the two banks and working to improve management efficiency.」
The Group describes the consolidation and specialization of functions at Shonai Bank and Hokuto Bank as measures to increase integration benefits and management efficiency.