OBC and Akita Bank Sign Business Partnership Agreement

OBC (OBC Co., Ltd., President and CEO: Narifumi Wada, Headquarters: Shinjuku-ku, Tokyo), a developer and seller of core business systems including Bugyo Cloud, has signed a business partnership agreement with Akita Bank (Head Office: Akita City, Akita Prefecture, President and CEO: Kosuke Ashida) to support digital transformation (DX) aimed at improving productivity and strengthening the management foundation of companies in Akita Prefecture.

Background of the Business Partnership

Amidst a declining population, worsening labor shortages, and the increasing complexity of responding to regulatory changes, the business environment surrounding regional companies is becoming increasingly severe. Particularly in rural areas, the inefficiency of back-office operations and delays in digitalization pose challenges to productivity improvement, demanding advanced support from financial institutions for their core businesses.

As a locally rooted financial institution, Akita Bank is strengthening its management support and problem-solving-oriented sales to corporate customers and is actively engaged in supporting companies through digital technology.

Meanwhile, OBC has been promoting operational efficiency and regulatory compliance support for small and medium-sized enterprises through solutions that support DX in back-office operations, including its 'Bugyo Cloud'.

Furthermore, OBC positions the support of DX for regional companies through enhanced collaboration with financial institutions as a key strategic initiative.

Both companies have now entered into this business partnership to combine their respective strengths and support the sustainable growth of companies in Akita Prefecture.

Initiatives of the Business Partnership

Through this partnership, Akita Bank and OBC will promote the following initiatives:

- Support for digitalization of back-office operations utilizing OBC's 'Bugyo Cloud Series'

- Support for compliance with laws and regulations such as the Electronic Book Preservation Act and the Invoice System

- Provision of consulting services for visualizing and improving the efficiency of business processes

- Jointly hosting seminars and events for Akita Bank's client companies

- Proposing and supporting the implementation of solutions tailored to the challenges of regional companies

Through these initiatives, by combining Akita Bank's customer base with OBC's cloud services and implementation support know-how, we aim to achieve improved operational efficiency and productivity, as well as enhanced compliance capabilities for companies in Akita Prefecture.

● About OBC (OBC Co., Ltd.)

Location: Sumitomo Fudosan Shinjuku Oak Tower 29F, 6-8-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo

Capital: 10.519 billion yen

Representative: Narifumi Wada, President and CEO

Business Description: As a developer of solution technologies for corporate operations (core operations such as accounting, HR, and payroll, and related peripheral operations), we provide cloud services and other solutions that contribute to improving customer operational efficiency through our partner companies.

Company Website: https://www.obc.co.jp/

● About Akita Bank

Location: 3-2-1 Sanno, Akita City, Akita Prefecture

Capital: 14.1 billion yen

Representative: Kosuke Ashida, President and CEO

Business Description: Banking services

Company Website: https://www.akita-bank.co.jp/